Government of India is launched the various schemes for social and economic welfare to our citizens time to time, the stand-up India Scheme for financing SC/ST and/or Women Enterprises is recent scheme which provide the direct financial benefits to the all educated and skilled workforce. This scheme will play a crucial role in solving many socio-economic problems that beset Indian society, and thus their awareness is a must for any concerned citizen. Let’s discuss the main points about the scheme. First of all the main objective of this scheme:- #OBJECTIVE The objectives of the stand-up India Scheme is to facilitate bank loans between 10 lakhs and 1 crores to at least Scheduled Caste or Schedule Tribe (ST) borrower and at least one women borrower per branch for setting up a Greenfield enterprise. This enterprise may be in manufacturing. Service, Agri-allied activities or the trading sector in case non-individual enterprises at least 51% of the Shareholding and controlling sta...
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