TaxTMI 
TaxTMI 
Stand-Up India Scheme Provides Financial and Institutional Aid to the marginalized; nearly Rs 29,000 crore amount sanctioned to SC/ST and Women Entrepreneurs since April 2022 till March 2025
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....tand-Up India Scheme Provides Financial and Institutional Aid to the marginalized; nearly Rs 29,000 crore amount sanctioned to SC/ST and Women Entrepreneurs since April 2022 till March 2025<BR>News and Press Release<BR>Dated:- 22-7-2025<BR><BR>Apart from financial support, Scheme provides guidance, training and specific expertise viz; Skilling Centres, Mentorship support, Entrepreneurship Developm....
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....ent Program Centres, District Industries Centre, among others to marginalized sections. The Stand-up India Scheme was launched on 05th April, 2016. The objective of the Stand-Up India Scheme was to provide 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 Ban....
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....k branch for setting up a greenfield enterprise in manufacturing, services or trading sector and also for activities allied to agriculture. The Scheme provided loans of value between Rs. 10 lakh and Rs.1 Crore at the lowest applicable rate of the bank for that category (rating), not exceeding base rate MCLR+3%+ Tenor premium, with a repayment period of 7 years with a maximum moratorium of up to 1....
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....8 months. Apart from linking prospective borrowers with Banks for loans, the online portal (www.standupmitra.in) provided guidance to prospective SC, ST and Women entrepreneurs in their endeavor to set up business enterprises, starting from training to filling up of loan applications as per Bank requirements. The portal also facilitated step by step guidance for connecting prospective borrowers t....
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....o various agencies with specific expertise viz; Skilling Centres, Mentorship support, Entrepreneurship Development Program Centres, District Industries Centre, together with addresses and contact number. The increase in number of accounts and amount sanctioned to SC/ST and Women entrepreneurs under Stand-Up India Scheme since April 2022 till March, 2025 is tabulated below: Increase in number of ....
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....loan accounts and amount sanctioned to SC/ST and Women entrepreneurs since April 2022 till March 2025 SC ST Women (General) Total No of loan A/Cs Sanctioned Amt. (Cr.) No of loan A/Cs Sanctioned Amt. (Cr.) No of loan A/Cs Sanctioned Amt. (Cr.) No of loan A/Cs Sanctioned Amt (Cr.) 30145 6437.59 9625 2037.15 86738 20521.41 126508 28996.15 Source: SIDBI This information was give....
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....n by Union Minister of Finance Smt Nirmala Sitharaman in a reply to a question in Rajya Sabha today.<BR> News - Press release - PIB....