PM Modi to launch scheme for loans to SCs/STs, women on 5 April
The Stand up India scheme is aimed at promoting entrepreneurship among SC/ST and women by giving loans in the range of Rs10 lakh to Rs1 crore for setting up a new enterprise
New Delhi: Prime Minister Narendra Modi will on Tuesday launch the Stand up India scheme under which banks will give loans of up to ₹ 1 crore to Scheduled Castes/Scheduled Tribes (SCs/STs) and women entrepreneurs. “Prime Minister will be launching the Stand Up India scheme and a web portal for the scheme on 5 April, at Noida," a finance ministry statement said. The event would be attended by, Uttar Pradesh governor, Union finance minister, Union minister for culture and tourism and Union minister of state for finance, among others.