CURRENT AFFAIRS

Detailed explanation-1: -It will be attended by Governor, UP, Union Finance Minister, Union Minister for Culture and Tourism and Union Minister of State for Finance among others. The “Stand up India Scheme†is being launched now to promote entrepreneurship among Scheduled Caste/Schedule Tribe and Women for loans in the range of Rs.

Detailed explanation-2: -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.

Detailed explanation-3: -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-4: -Stand Up India Scheme’s launch date was on April 05, 2016. The government inaugurated the scheme to provide financial support to women and individuals from the SC and ST communities for setting up businesses. The Stand-Up India Scheme loan amount ranges from Rs. 10 Lakh to Rs.

Detailed explanation-5: -Stand Up India Scheme facilitate bank loans between 10 lakh and 1 crore to atleast one scheduled caste (SC) or Scehduled Tribe, borrower and atleast one women per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services or the trading sector.