Government of India had launched the Stand Up India scheme in 2016. The Scheme facilitates bank loans between Rs.10 lakh and Rs.1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one Woman borrower per bank branch for setting up greenfield enterprises.
Major Features: The scheme which is being implemented through all Scheduled Commercial Banks is to benefit at least 2.5 lakh borrowers.