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Stand-Up India

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Stand-Up India
CountryIndia
Prime Minister(s)Narendra Modi
Launched5 April 2016; 8 years ago (2016-04-05)
Websitehttps://www.standupmitra.in/

Stand-Up India was launched by Government of India on 5 April 2016 to support entrepreneurship among women and SC & ST communities.

It is similar to but distinct from Startup India. Both are enabler and beneficiary of other key Government of India schemes, such as Make in India, Industrial corridor, Dedicated Freight Corridor, Sagarmala, Bharatmala, UDAN-RCS, Digital India, BharatNet and UMANG.

History

Prime Minister Narendra Modi launched the Stand-Up India scheme on 5 April 2016 as part of the government's efforts to support entrepreneurship among women and SC & ST communities.[1]

The scheme

The scheme offers bank loans of between 10 lakh (US$12,000) and 1 crore (US$120,000) for scheduled castes and scheduled tribes and women setting up new enterprises outside of the farm sector.[2]

See also

References

  1. ^ "'Stand Up India' will transform lives of Dalits, tribals: Modi", The Hindu, 5 April 2016
  2. ^ "Modi's Stand Up India scheme will ease pressure on job reservations", Hindustan Times, 6 April 2016