2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ministry of Science and Technology
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Ministry of Finance
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Ministry of MSME
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Ministry of Commerce and Industry
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Detailed explanation-1: -The Stand up India scheme aims at promoting entrepreneurship among women and scheduled castes and tribes. The scheme is anchored by Department of Financial Services (DFS), Ministry of Finance, Government of India.
Detailed explanation-2: -Prime Minister Narendra Modi launched the Stand-Up India scheme on 15 April 2016 as part of the government’s efforts to support entrepreneurship among women and SC & ST communities.
Detailed explanation-3: -The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a Greenfield Project.
Detailed explanation-4: -SIDBI: To operate and maintain the Stand-Up India web portal. Arrange for handholding support for Trainee Borrowers.
Detailed explanation-5: -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.