Categories: Schemes

Stand-Up India Scheme completed 6 years

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

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.