Stand-Up/Startup India, eNAM Flashcards
Mudra loan, OMSS included
Tag of Stand Up India Scheme
Endeavour & Prosper
Stand Up India scheme was launched in?
April 2016
125th Birth Anniversary of Ambedkar
Which Ministry runs Stand-up India?
Ministry of Finance
Target demography of Stand-Up India?
Women & SC/ST entrepreneurs
Sectors covered under Stand Up India?
- Manufacturing
- Trading
- Agri & Allied
- Services
Objective of Stand-Up India Scheme
Provide loans for greenfield enterprises of Women and SC/ST entrepreneurs
Loan amount provided under Stand-Up India Scheme?
Rs. 10 lakh to Rs. 1 crore (100 lakh)
representing 85% of project cost
Under Stand Up India, each bank has a beneficiary target of?
at least 1 SC/ST and 1 woman
If a beneficiary wants to avail loan below Rs. 10L, what should they do?
Avail through PM Mudra (2015)
Upto Rs. 20L
What are the 3 loan products under Mudra loan?
- Shishu - <Rs. 50,000
- Kishore - Rs. 50,000 - 5L
- Tarun - Rs. 5-10L
Rs. 20L after Tarun Loan is paid off
How can loans under Stand-Up India be availed?
- Directly at any Scheduled Commercial Bank Branch.
- Through Stand Up India Portal (standupmitra)
- Through the Lead District Manager (LDM)
For a women or SC/ST beneficiary to be eligible under the scheme, what should be their shareholding/stake in their enterprise?
51% or more
How much project cost will have to be borne by the borrower?
10%
What kind of loans will be provided under Stand-Up india?
Composite Loans
Term Loan + Working Capital
Share of PM Mudra Loans & Stand-Up India loans sanctioned to women entrepreneurs?
68% - PM Mudra
77.7% - Stand-Up India
Repayment of loan in Stand-Up India is to be done within?
7 years
18 months moratorium
According to Bain & Co. Total Enterprises in India that are women owned?
17-20%
Can increase to about 33% by 2030
Which of the following is a criteria to define PVTG?
1. Pre-agri level of tech
2. Low level of literacy
3. Economic Backwardness
4. Socially isolated groups
5. A declining or stagnant population
1, 2, 3, 5
How many STs and PVTGs are there in the country?
ST: 705
PVTG: 75
eNAM was launched on?
April 2016
eNAM (2016) tagline
Uttam Fasal Uttam Enaam
The idea for eNAM (2016) originated from?
ReMS
A joint venture by Karnataka & NCDEX e-market ltd