Stand Up India Scheme extended up to the year 2025

The Stand Up India Scheme was launched by the Prime Minister on 05^th April, 2016 and has been extended up to the year 2025.

• Stand Up India Scheme was launched by the Prime Minister on 05^th April, 2016 and extended up to the year 2025.

• Stand Up India Scheme facilitates loans to Scheduled Caste, Scheduled Tribe and women borrowers.

• The objective of the Stand Up India Scheme is to facilitate loans from Scheduled Commercial Banks (SCBs) of value between Rs. 10 lakh and Rs.1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one woman borrower per bank branch for setting up a green field enterprise in manufacturing, services or trading sector.

• As on 28.06.2021, a total of 1,16,266 loans amounting to Rs. 26204.49 crore have been extended under the Scheme since inception.