More than Rs 30,160 crore loans sanctioned to over 1,33,995 accounts under Stand-Up India Scheme in 6 years
- Press Information Bureau
- April 5, 2022
On the the sixth anniversary of Stand Up India Scheme, Ms. Nirmala Sitharaman Minister for Finance & Corporate Affairs said, “As we commemorate the sixth anniversary of the Stand-Up India Scheme, it is heartening to see that more than 1.33 lakh new job-creators and entrepreneurs have so far been facilitated under this Scheme.” She further said, “More than 1 lakh women promoters have benefitted from this Scheme during its six years of operation. The Government understands the potential these rising entrepreneurs have in driving economic growth through their roles as not just wealth-creators but also job-creators.”
Stand-Up India's goal is to encourage women, Scheduled Castes (SC), and Scheduled Tribes (ST) to start new businesses in manufacturing, services, or trading, as well as activities related to agriculture.
This Scheme's accomplishments as of March 21, 2022
Since its commencement, the Stand Up India Scheme has sanctioned Rs. 30,160 crore (US$ 4.00 billion) to 133,995 accounts through March 21, 2022.
As of March 3, 2022, the total number of SC/ST and woman borrowers who have benefited from the Stand Up India scheme is as follows:
|
SC |
ST |
Women |
Total |
||||
|
No Of A/Cs |
Sanctioned Amt. (Rs. crore) |
No Of A/Cs |
Sanctioned Amt. (Rs. crore) |
No Of A/Cs |
Sanctioned Amt. (Rs. crore) |
No Of A/Cs |
Sanctioned Amt. (Rs. crore) |
|
19310 |
3976.84 |
6435 |
1373.71 |
108250 |
24809.89 |
133995 |
30160.45 |
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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