Government Scheme
Post Office Savings Schemes
The government offers various small savings or post office schemes to meet the different needs of individuals. The interest rates on these savings schemes are announced by the government once in three months (every quarter). These are popular schemes. The returns here are fixed and guaranteed. Like NSC, SCSS, PPF etc. more information
Post Office Savings Schemes
The government offers various small savings or post office schemes to meet the different needs of individuals. The interest rates on these savings schemes are announced by the government once in three months (every quarter). These are popular schemes. The returns here are fixed and guaranteed. Like NSC, SCSS, PPF etc. more information
Post Office Savings Schemes
The government offers various small savings or post office schemes to meet the different needs of individuals. The interest rates on these savings schemes are announced by the government once in three months (every quarter). These are popular schemes. The returns here are fixed and guaranteed. Like NSC, SCSS, PPF etc. more information
Post Office Savings Schemes
The government offers various small savings or post office schemes to meet the different needs of individuals. The interest rates on these savings schemes are announced by the government once in three months (every quarter). These are popular schemes. The returns here are fixed and guaranteed. Like NSC, SCSS, PPF etc. more information
Post Office Savings Schemes
The government offers various small savings or post office schemes to meet the different needs of individuals. The interest rates on these savings schemes are announced by the government once in three months (every quarter). These are popular schemes. The returns here are fixed and guaranteed. Like NSC, SCSS, PPF etc. more information
Yuva Sangam program
Online registration for the second phase of Yuva Sangam has started. One thousand youths from 23 states of the country are expected to participate in this more information
The scheme is giving new heights to budding entrepreneurs
7 years of 'Stand-up India' scheme unmatched, giving new flight to budding entrepreneurs in the country
PM Modi had said- 'New India is full of entrepreneurial energy and the Stand-up India initiative will give direction to this spirit.' This is exactly what has happened. Actually, 7 years of 'Stand-up India' scheme have been unmatched. During this time, the scheme has achieved several milestones and established several new dimensions.
Opened the way of progress for the youth of India
Even in the difficult times of the global tragedy Kovid-19, the scheme continued its operations uninterruptedly across the country and provided loans to its target beneficiary group. During this, while on the one hand, the world's leading developed and developing countries were facing many economic challenges, on the other hand, India emerged as the fastest growing economy in the world by becoming economically empowered on the basis of its solid policies and strong action plan. . In this context, schemes like Stand Up India opened the way for the youth of India to progress.
Scheme got an extension till 2025
Yes, this scheme has proved to be very helpful in giving new flight to the budding entrepreneurs in the country. The 'Stand Up India' scheme was launched on '5 April 2016' to promote entrepreneurship at the grassroots level with a focus on economic empowerment and employment generation. Now this scheme has been extended till the year 2025.
Dreams of women above 18 years are coming true
'Stand-Up India' was launched to promote entrepreneurship among women above 18 years, Scheduled Castes (SC) and Scheduled Tribes (ST). Under the scheme, these women are given bank loans ranging from Rs 10 lakh to Rs 1 crore. Today this scheme is empowering energetic, enthusiastic and ambitious SC, ST and women entrepreneurs to turn their dreams into reality.
More than 1.8 lakh loans sanctioned so far
Speaking on the occasion, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said, “It is a matter of pride and satisfaction for me that more than 1.8 lakh loans have been sanctioned to more than 1.8 lakh women and SC/ST entrepreneurs Under which a total loan amount of up to Rs 40,710 crore has been issued. More than 1.44 lakh women have been benefited through its scheme.
An ecosystem prepared in the country
The scheme has created an eco-system in the country which provides and sustains a supportive environment for setting up green field enterprises through access to loans from bank branches of all scheduled commercial banks. Stand-up India scheme has proved to be an important milestone in promoting entrepreneurship among SC, ST and women.
Aspiring entrepreneurs get wings to showcase their entrepreneurship
Stand-up India scheme has touched the lives of many by ensuring hassle-free access to affordable credit for the unserved / under-served category of entrepreneurs. The scheme has provided wings to aspiring entrepreneurs to showcase their entrepreneurship and potential entrepreneurs are playing a huge role in driving economic growth and creating a strong ecosystem by being job creators.
More than 80% loans given to women
The Stand-up India scheme is based on the third pillar of the National Mission for Financial Inclusion, namely the “Funding the Unfunded” scheme. Ensured the availability of uninterrupted credit flow to SC/ST and women entrepreneurs from the branches of Scheduled Commercial Banks. The scheme has been instrumental in improving the standard of living of the entrepreneurs, their employees and their families. More than 80% of the loans given under this scheme have been provided to women.
Objective of Stand-up India
Promoting entrepreneurship among women, scheduled castes and scheduled tribes
- Provide loans to greenfield enterprises in manufacturing, services or trade sector and activities allied to agriculture
To facilitate bank loans between Rs 10 lakh and Rs 1 crore to at least one SC/ST borrower and at least one woman borrower per bank branch of scheduled commercial banks
Why is Stand-up India important?
Stand-up India scheme has been designed to address the challenges faced by SC, ST and women entrepreneurs in setting up enterprises, accessing credit and other support required from time to time to be successful in business . The scheme therefore seeks to create an ecosystem which provides and continues to provide a supportive environment to the target sectors in doing business. The objective of the scheme is to encourage all bank branches to extend loans to SC, ST and women borrowers for setting up their own greenfield enterprises.
Where can interested applicants apply?
Directly at branch
Through Stand-up India Portal (www.standupmitra.in)
Through Lead District Manager (LDM)
Who are eligible to take loan under this scheme?
SC/ST and/or women entrepreneurs above 18 years of age
Loans under the scheme are available only for green field projects. Green field, in this context, refers to the first time enterprise of the beneficiary in the manufacturing, services or business sector and activities allied to agriculture
– In case of non-individual enterprises, 51% shareholding and controlling stake should be held by either SC/ST or women entrepreneur
– The borrower should not be a defaulter to any bank/financial institution
Margin money up to 15% has been envisaged in this scheme. Under this, in any case, the borrower has to bring in at least 10% of the project cost as his contribution.
hand holding support
Apart from connecting potential borrowers to banks for loans, the online portal www.standupmitra.in developed by Small Industries Development Bank of India (SIDBI) for the Stand Up India scheme is also providing guidance to potential entrepreneurs in their endeavor to set up business ventures. Used to be. Through a network of over 8,000 hand holding agencies, the portal facilitates step by step guidance to connect potential borrowers with various agencies with specific expertise. These include Skilling Centres, Mentorship Support, Entrepreneurship Development Program Centre, District Industries Centre, along with their addresses and contact numbers.
Achievements of the scheme till March 21, 2023
Since the inception of the scheme, Rs 40,710 crore has been sanctioned in 180,636 accounts under the Stand Up India scheme till March 21, 2023. The details of total loan amount sanctioned for SC/ST and women beneficiaries under Stand Up India scheme till 21st March 2023 are given below:
- Women - Rs 33,152 crore
- Scheduled Castes - Rs 5,625 crore
- Scheduled Tribes - Rs 1,932 crore
It is well known that PM Modi has set an ambitious target for India to become a $5 trillion economy. To achieve this goal, many types of schemes are going on in the country. In this context, schemes like Stand Up India are doing the work of directly connecting different sections of the government with economic activity in a just manner. In such a situation, it would not be an exaggeration to say that Stand Up India has emerged as one of the best schemes of India. It has worked to accelerate the targeted empowerment of the economically weaker sections and helped in generating employment opportunities.
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Maharashtra government's Ladla Bhai scheme now will give 10 thousand rupees every month
Maharashtra government's Ladla Bhai scheme now, will give 10 thousand rupees every month
The Maharashtra government has announced to give 10 thousand rupees every month to the students who have completed graduation. Also, students who are pursuing diploma studies will be given 8 thousand rupees every month
The Maharashtra government is bringing a special scheme named Ladla Bhai for 12th pass youth. Under this scheme, it has been announced to give six thousand rupees every month to the students who have passed 12th. Under this scheme, the government will give eight thousand rupees every month to the students pursuing diploma. Whereas students who have completed graduation will be given 10 thousand rupees every month.
This announcement of CM Eknath Shinde is also being linked to the Maharashtra assembly elections to be held this year. It is being said that the government has tried to appease many sections by making this announcement a few months before the elections. Let us tell you that the opposition in Maharashtra has been raising the issue of increasing unemployment among the youth for a long time. The Shinde government has also responded to the opposition in a way by announcing financial help for the youth.
Announcing this scheme, CM Shinde said that under this scheme, our government is going to give money to the youth of the state to do apprenticeship in the factories where they will work. This is the first time in history that a government has introduced such a scheme, through this scheme we have found a solution to unemployment. Under this scheme, our youth will get apprenticeship in factories and the government will give them stipend.
Let us tell you that a few days ago Uddhav Thackeray also raised the issue of unemployed youth in Maharashtra. Talking to the media after the assembly session, he said that I demand to bring a scheme for boys for the youth of Maharashtra just like the Ladli scheme of Madhya Pradesh. Today there is no difference between girls and boys. In such a situation, boys and girls should get the benefit of such schemes equally.