Stand Up India Scheme

Question 1

What?

Answer 1

Launched in 2016 -> promote entrepreneurship at the grass-root level of economic empowerment and job creation.
[Entreprenuership @ Grassroot)

Question 2

Focus on?

Answer 2

underserved sector (SCs, STs and Women Entrepreneurs.)

Question 3

Objective

Answer 3

facilitate bank loans between Rs.10 lakh and Rs.1 crore to at least one SC or ST borrower and at least one woman borrower per bank branch for setting up a Greenfield enterprise.

Question 4

What are Stand-Up Connect Centres(SUCC)?

Answer 4

offices of SIDBI and NABARD

Question 5

Elligibility?

Answer 5

• SC/ST and/or women entrepreneurs
• 18+ age
• Loans for only Greenfield project
• Borrower should not be in default
• If enterprise non-individual -> 51% shares should be controlled by SC/ST or Woman

Question 6

Performance

Answer 6

• ₹25,000 crore loan sanctioned till date

- Scheme extended till 2025.