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Stand Up India Scheme

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....tand Up India Scheme <br>News and Press Release<br>Dated:- 9-3-2016<br><BR>The Cabinet has approved the "Stand Up India Scheme" to promote entrepreneurship among Scheduled Caste/Schedule Tribe and Wom....

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....en. The schemes provides for composite loans by banks between &#8377; 10 lakh and upto &#8377; 100 lakh for setting up a new enterprise in the non-farm sector. These loans would be eligible for refin....

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....ance and credit guarantee cover. A credit guarantee fund of &#8377; 5,000 crore for providing guarantee cover for loans under Stand Up India in next five years has been approved. Provision of initial....

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.... capital of &#8377; 500 crore to the corpus in FY 2016-17 has been made. This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha....

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.....<BR> News - Press release - PIB....