Stand Up India Loan Scheme
Stand Up India is a loan scheme launched by the Government of India in 2016 to promote entrepreneurship and create job opportunities for women and marginalized sections of society. The scheme aims to provide financial assistance to individuals from the Scheduled Caste (SC), Scheduled Tribe (ST), and Women categories to start their own business ventures. Under this scheme, loans ranging from Rs. 10 lakh to Rs. 1 crore are offered to individuals who wish to start new ventures in manufacturing, services, or trading sectors. The loan can be availed for a wide range of business activities, including purchasing machinery and equipment, working capital requirements, and other operational expenses.
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