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        News and Press Release

        Loans to entrepreneurs under Stand UP India Scheme

        August 1, 2017

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        The total number of entrepreneurs who have been extended loan facility under the Stand Up India Scheme in 2016 was 21735 and the total amount sanctioned was ₹ 4747.95 crore. The percentage wise break up was Scheduled Caste (SC) - 15.05%, Scheduled Tribe (ST) - 4.28% and Women - 80.67%.

        The Stand Up India Scheme is designed to facilitate at least 2 bank loans (one loan to SC or ST and one to Woman entrepreneur) per bank branch of Scheduled Commercial Banks for setting up greenfield enterprises. Under the Scheme State-wise target has not been specified. This was stated by Shri Santosh Kumar Gangwar, Minister of State for Finance in written reply to a question in Rajya Sabha today.

        Stand Up India Scheme loan facilitation requires branch-level loans including one for SC/ST and one for women entrepreneurs. Stand Up India Scheme requires Scheduled Commercial Bank branches to facilitate at least two loans each for setting up greenfield enterprises, one to an entrepreneur from the Scheduled Castes or Scheduled Tribes and one to a woman entrepreneur. Implementation data for 2016 reported 21,735 entrepreneurs received loans and the government stated that no state-wise targets have been specified under the Scheme.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Stand Up India Scheme loan facilitation requires branch-level loans including one for SC/ST and one for women entrepreneurs.

                                Stand Up India Scheme requires Scheduled Commercial Bank branches to facilitate at least two loans each for setting up greenfield enterprises, one to an entrepreneur from the Scheduled Castes or Scheduled Tribes and one to a woman entrepreneur. Implementation data for 2016 reported 21,735 entrepreneurs received loans and the government stated that no state-wise targets have been specified under the Scheme.


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