Home » Stand Up India Scheme extended up to 2025: Centre

Stand Up India Scheme extended up to 2025: Centre

by ANI

The scheme was launched in 2016 to facilitate loans to Scheduled Caste, Scheduled Tribe and women borrower.

The scheme was launched by Prime Minister Narendra Modi. Credit: Reuters PhotoThe scheme was launched by Prime Minister Narendra Modi. Credit: Reuters Photo

The Stand Up India Scheme that promotes entrepreneurship among women and SC and STs has been extended up to the year 2025, the Social Justice and Empowerment Ministry said on Tuesday.

The scheme was launched by Prime Minister Narendra Modi in 2016 to facilitate loans to Scheduled Caste, Scheduled Tribe and women borrowers.

“A total of 1,16,266 loans amounting to Rs 26,204.49 crore extended under the Scheme since inception. Margin Money requirements for Scheme loans reduced in the Budget Speech for FY 2021-22 Activities allied to agriculture included in the Scheme in the Budget Speech for FY 2021-22,” Minister of State for Social Justice and Empowerment Pratima Bhoumik said in a written reply in Lok Sabha.

As informed by the Department of Financial Services, Ministry of Finance, the Stand Up India Scheme was launched by the prime minister in April, 2016 and has been extended up to the year 2025, she said.

Related Articles

Leave a Reply

Speak Upright

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
error:
%d bloggers like this: