Question

The scheme launched by Prime Minister Narendra Modi to support entrepreneurship among women and SC & ST communities, is?

A Skill India Correct Answer Incorrect Answer
B Standup India Correct Answer Incorrect Answer
C Startup India Correct Answer Incorrect Answer
D Swavalamban Yojana Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Prime Minister Narendra Modi launched the ‘Stand up India’ scheme on 5 April 2016 as part of the government's efforts to support entrepreneurship among women and SC & ST communities. The scheme offers bank loans of between ₹10 lakh (US$16,000) and ₹1 crore (US$160,000) for scheduled castes and scheduled tribes and women setting up new enterprises outside of the farm sector. Skill India is a campaign launched by Prime Minister Narendra Damodardas Modi on 15 July 2015 which aim to train over 40 crore (400 million) people in India in different skills by 2022. It includes various initiatives of the government like "National Skill Development Mission", "National Policy for Skill Development and Entrepreneurship, 2015", "Pradhan Mantri Kaushal Vikas Yojana (PMKVY)" and the "Skill Loan scheme". Startup India campaign is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage start ups with jobs creation. The campaign was first announced by Prime Minister Narendra Modi in his 15 August 2015 address from the Red Fort Swavalamban Yojana was a government-backed pension scheme targeted at the unorganised sector in India. It was applicable to all citizens in the unorganised sector who joined the National Pension Scheme (NPS) administered by the Pension Fund Regulatory and Development Authority (PFRDA) Act 2013

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