Stand Up India Scheme was launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs. What is the minimum amount of bank loan a beneficiary can avail under the Scheme?
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
M Venkaiah Naidu, the Chief Minister launched a bronze statue of former Chief Minister M Karunanidhi in which state?
Jagdish Sheth, one of the recipients of Padma Bhushan 2020, has received the award in the domain of:
Who was the Chinese pilgrim who visited India during the Gupta period?
The request/reply protocol for exchanges on the internet network is called:
Which other two countries were at the top in the world to possess an anti-satellite weapon system in 2010 when China became the third country?
What was the target set by the government for the Asset Monetisation for the year 2022?
Recently Amravati Station has become Central Railway’s 3rd Pink Station, In which state Amravati Railway Station is located?
Which Article of the Constitution of India authorises the President to seek the opinion of the Supreme Court in specific categories of matters?
The 3rd edition of Khelo India Youth games was organized by which state?
...According to the report of the National Family Health Survey, what is the number of children per woman in India's total fertility rate (TFR) in 2022, co...