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Stand Up India Scheme was introduced to encourage entrepreneurship at the grassroots level with an emphasis on economic empowerment and job creation. Loans have been given out to 1.8 lakh entrepreneurs, 80% of whom are female. 

Stand Up India Scheme completes seven years, ₹40,700 cr loans sanctioned  

Stand Up India Scheme was introduced to encourage entrepreneurship at the grassroots level with an emphasis on economic empowerment and job creation. Loans have been given out to 1.8 lakh entrepreneurs, 80% of whom are female.&nbsp;

Loans worth about ₹40,700 crore covering 1.8 lakh entrepreneurs have been sanctioned so far under the Stand Up India Scheme, said Union finance minister Nirmala Sitharaman. Of the total beneficiaries, 80% are women.
'It is a matter of pride and satisfaction for me to note that more than 1.8 lakh women and SC and ST entrepreneurs have been sanctioned loans for more than ₹40,700 crore," Sitharaman said on the 7th anniversary of the scheme.
Stand Up India Scheme was launched on April 5, 2016 to promote entrepreneurship at the grassroots level focusing on economic empowerment and job creation. The scheme is up to the year 2025.
It facilitates bank loans between ₹10 lakh and ₹100 lakh to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks. Loans under the scheme are available for only green field projects, meaning first-time venture of the beneficiary.
Union MoState Bhagwat Kisanrao Karad said the Stand-Up India scheme was based on the third pillar of the National Mission for Financial Inclusion namely "Funding the unfunded".
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Stand-Up India, the scheme aimed at promoting entrepreneurship among women and scheduled castes and tribes has now disbursed over Rs 30,000 cr in loans as per a statement released by the Finance Ministry as the program celebrates it's sixth anniversaryOn the occasion, Union Finance & Corporate Affairs Minister Nirmala Sitharaman said,"It is heartening to see that more than 1.33 lakh new job-creators and entrepreneurs have so far been facilitated under this Scheme.”
Sitharaman further said, “More than 1 lakh women promoters have benefitted from this Scheme during its six years of operation. The Government understands the potential these rising entrepreneurs have in driving economic growth through their roles as not just wealth-creators but also job-creators.”Stand-Up India Scheme facilitates bank loans between Rs 10 lakh and Rs 1 cr to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise.
 

Stand-Up India Scheme turns 6, 1.3 lakh job creators gain

On the occasion, Union Finance & Corporate Affairs Minister Nirmala Sitharaman said,"It is heartening to see that more than 1.33 lakh new job-creators and entrepreneurs have so far been facilitated under this Scheme.”

Stand-Up India Scheme turns six, Loans worth Rs 30,000 cr disbursed

Stand-Up India Scheme facilitates bank loans between Rs 10 lakh and Rs 1 cr.

Stand-Up India, the scheme&nbsp;aimed at promoting entrepreneurship among women and scheduled castes and tribes has now disbursed over Rs 30,000 cr in loans as per a statement released by the Finance Ministry as the program celebrates it's sixth anniversary On the occasion, Union Finance &amp; Corporate Affairs Minister Nirmala Sitharaman said,"It is heartening to see that more than 1.33 lakh new job-creators and entrepreneurs have so far been facilitated under this Scheme.&rdquo;
Sitharaman further said, &ldquo;More than 1 lakh women promoters have benefitted from this Scheme during its six years of operation. The Government understands the potential these rising entrepreneurs have in driving economic growth through their roles as not just wealth-creators but also job-creators.&rdquo; Stand-Up India Scheme facilitates bank loans between Rs 10 lakh and Rs 1 cr&nbsp;to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise.
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