CURRENT AFFAIRS

Detailed explanation-1: -Prime Minister to launch Stand up India scheme on April 5th, 2016. Prime Minister will be launching the “Stand up India scheme†and a Web portal for the scheme on 05th April, 2016 at Sector 62, NOIDA.

Detailed explanation-2: -The Government of India launched the Stand Up India scheme on April 5, 2016, as part of efforts to support entrepreneurship among women and Scheduled Caste & Scheduled Tribe (SC & ST) communities.

Detailed explanation-3: -Detailed Solution. The Government of India launched the Start-up India Initiative on 16 January 2016, with the objective of supporting entrepreneurs, building a robust start-up ecosystem, and transforming India into a country of job creators instead of job seekers.

Detailed explanation-4: -The PM-DevINE Scheme will have an outlay of Rs. 6, 600 crore for the four year period from 2022-23 to 2025-26 (remaining years of 15th Finance Commission period). Efforts will be made to complete the PM-DevINE projects by 2025-26 so that there are no committed liabilities beyond this year.

Detailed explanation-5: -The Prime Minister of India, Mr Narendra Modi launched the Stand Up India Scheme in April 2016, encouraging people from the scheduled caste and scheduled tribes and women across the country to become entrepreneurs by loaning them a sum of money to start a business.