Stand Up India Scheme

  • Business owners belonging to SC/ST, along with women entrepreneurs, are two target groups who are most hard hit by financial burden.

 

  • To facilitate an equal involvement of women entrepreneurs and SC/ST businesses owners, the Stand Up India Scheme was put in place.

Features of Stand Up India Scheme

  • The scheme provides cost coverage of 85% of business costs for budding entrepreneurs belonging to these segments of society at the lowest possible rate of interest.

 

  • Under this scheme, at least one woman and one SC/ST borrower shall be provided loans at every bank branch.

Features of Stand Up India Scheme
Limitations of Stand Up India Scheme

Limitations of Stand Up India Scheme

  • This loan is only for greenfield enterprises.

 

  • This only includes businesses involved in manufacturing, services, agri-allied activities, or the trading sector.

Let us move towards the Startup India Seed Fund Scheme (SISFS)!

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