Categories: Schemes

GoI extends ‘Stand Up India Scheme’ up to 2025

The Government of India has extended the duration of the ‘Stand Up India Scheme’ up to the year 2025. The scheme was launched by the Prime Minister on 05 April 2016 to facilitate loans to Scheduled Caste, Scheduled Tribe and women borrowers, to promote entrepreneurship among them.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the scheme:

  • The scheme offers bank loans to women and SC & ST communities to encourage them in setting up a greenfield enterprise, outside of the farm sector, that is in the manufacturing, services or trading sector.
  • A total of 1,16,266 loans amounting to Rs. 26204.49 crore has been extended under the Scheme since its inception. The loan under Stand Up India Scheme is extended by Scheduled Commercial Banks (SCBs) between Rs. 10 lakh and Rs.1 Crore.

Find More News Related to Schemes & Committees

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Leave a Comment
Share
Published by
Sumit Arora
5 years ago

Recent Posts

Asian Games 2026 Day 2: India’s Medal Winners and Tally Tracker

India maintained its momentum at the Asian Games 2026 in Aichi-Nagoya, Japan, on Day 2…

15 hours ago

Savita Punia Becomes India’s Most-Capped Women’s Hockey Player

Goalkeeper Savita Punia of India has broken Vandana Katariya's record to become the most capped…

16 hours ago

Gwalior to Get Asia’s First Telecom Manufacturing Zone

Gwalior is set to emerge as a significant telecom manufacturing center with the upcoming development…

17 hours ago

Amit Shah to Inaugurate National ANTF Conference in Delhi

Minister of Home Affairs and Minister of Cooperation Amit Shah is all set to inaugurate…

18 hours ago

Chandni Chowk Town Hall to Become Global Heritage Centre

Chandni Chowk’s historic Town Hall complex is gearing up for a new beginning as the…

19 hours ago

Smriti Mandhana Becomes Highest Women’s T20I Run-Scorer: Full List

Smriti Mandhana scripted another history in the international cricket again as she became the leading…

19 hours ago