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Stand Up India: Launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs The scheme covers all branches of Scheduled Commercial Banks. Bank loans between Rs.10 lakh and Rs. 1 crore to SC/ ST borrower and woman borrower for setting up a greenfield enterprise. The scheme provides financial assistance (funded /non-funded) for working capital, acquisition of fixed assets in manufacturing, services or retail sector. Loan may be secure by collateral security or at the guarantee of Credit Guarantee Fund for Stand-Up India Loans (BGFSIL) as decided by the banks. The scheme, which covers all branches of Scheduled Commercial Banks, can be accessed in three potential ways: • Directly at the branch • Through Stand-Up India Portal (www.standupmitra.in) • Through the Lead District Manager (LDM) Eligibility • SC/ST and/or woman entrepreneurs, above 18 years of age • In case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur • Borrower should not be in default to any bank/financial institution • Minimum 10% of the project cost to be borne by the borrower
Which political figure unveiled the new multi-colored logo for the Maha Kumbh Mela 2025 in Prayagraj?
What is the purpose of constituting a Unit Holder Protection Committee (UHPC) as per the circular issued by SEBI to protect unitholders’ interests ?
Direct tax collections in India increased by what percentage over the past 10 years?
_______ will host the under-20 soccer World Cup, world governing body FIFA following the decision to strip Indonesia of the right to stage the tournament.
The Self Defence training has been renamed as ‘Rani Laxmi Bai Aatma Raksha Prashikshan, which is under which centrally sponsored scheme?
Which state’s tableau won the “People’s Choice Award” at the 74th Republic Day parade?
An MoU was signed between the Indian Institute of Corporate Affairs (IICA) and the FSR Global.What is the purpose of the collaboration between these two...
Which team did the Indian men’s Kho Kho team defeat to win the inaugural World Cup 2025?
Pine Labs announced the acceptance of the digital Rupee on its PoS (point-of-sale) terminals in partnership with _______ to support Digital Rupee accept...
What is the primary goal of the collaboration between ONDC and Google Cloud for the India-wide hackathon?