Question
In Stand Up India Scheme “women, SC & ST category”
will get e loans for greenfield enterprises in manufacturing, services or the trading sector and activities allied to agriculture between Rs 10 Lakh to ___?Solution
Objectives of Stand Up India Scheme • Promote entrepreneurship amongst women, SC & ST category • Provide loans for greenfield enterprises in manufacturing, services or the trading sector and activities allied to agriculture • Facilitate bank loans between Rs.10 lakh and Rs.1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks. Stand-Up India Scheme facilitates bank loans between Rs 10 lakh and Rs 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services or the trading sector.
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