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Stand-Up India Scheme completed 6 years

Stand-Up India scheme has completed its six years on 5th April 2022.

Sumit Arora Published On April 6th, 2022 Leave a comment

Stand-Up India scheme has completed its six years on 5th April 2022. Under the Stand-Up India Scheme, over 30,160 crore rupees have been sanctioned to more than 1 lakh 33 thousand 995 accounts since the launch of the Scheme. The scheme was launched by PM Modi on 5th April 2016. Stand Up India scheme was extended till 2025.

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Out of the total sanctioned accounts, 6,435 accounts belonged to ST borrowers with Rs 1373.71 crore sanctioned and 19,310 accounts belonged to SC borrowers with Rs 3976.84 crore sanctioned. To 1,08,250 women entrepreneurs who held accounts, Rs. 24809.89 crore has been sanctioned. Loan facility between 10 lakh and one crore rupees to Scheduled Caste, Scheduled Tribe, and women.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.