Just a moment...

Report
FeedbackReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home /

7 Years of Stand-Up India

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Years of Stand-Up India<BR>News and Press Release<BR>Dated:- 5-4-2025<BR><BR>Turning Aspirations into Achievements Since its launch on 5th April 2016,&nbsp;the Stand-Up India Scheme has been on a mission to empower SC, ST, and women entrepreneurs. It aimed to break barriers by providing bank loans to help them start new businesses. Over the past 7 years, the scheme has not just funded businesses....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....-it has nurtured dreams, created livelihoods, and driven inclusive growth across India. Achievements Under Stand-Up India &nbsp;The Stand-Up India Scheme has shown remarkable growth over the years, with the total amount sanctioned rising from&nbsp;Rs. 16,085.07 crore as of 31st March 2019&nbsp;to an impressive&nbsp;Rs. 61,020.41 crore by 17th March 2025,&nbsp;since its launch. This reflects a su....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....bstantial increase, highlighting the scheme's expanding impact in empowering entrepreneurs across the country. The scheme reflected significant financial empowerment for the SC, ST communities and women entrepreneurs (from March 2018 to March 2024): * SC accounts grew from&nbsp;9,399 to 46,248&nbsp;with loan amounts rising from&nbsp;Rs. 1,826.21 crore to Rs. 9,747.11 crore. * ST accounts incr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eased from&nbsp;2,841 to 15,228&nbsp;with sanctioned loans jumping from&nbsp;Rs. 574.65 crore to Rs. 3,244.07 crore. * From 2018 to 2024, women entrepreneurs saw growth from&nbsp;55,644 to 1,90,844 accounts, with sanctioned amounts rising from&nbsp;Rs. 12,452.37 crore to Rs. 43,984.10 crore. Conclusion The Stand-Up India Scheme has been a transformative initiative, empowering SC, ST, and wo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....men entrepreneurs to turn their business ideas into reality. With significant achievements in loan sanctions and disbursements, it continues to foster inclusive growth. This scheme is not just about loans; it's about creating opportunities, inspiring change, and turning aspirations into achievements. References * https://www.standupmitra.in/home/suischemes#Objective * https://pib.gov.in/Press....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ReleasePage.aspx?PRID=1913705 * https://static.pib.gov.in/WriteReadData/specificdocs/documents/2023/apr/doc202345178201.pdf * https://financialservices.gov.in/beta/en/page/major-achievements<BR> News - Press release - PIB....