Stand Up India Scheme Current Affairs, GK & News

Stand Up India scheme

Launched on April 5, 2016, Stand Up India scheme seeks to promote entrepreneurship among women and SC & ST communities. It facilitates credit accessibility from Scheduled Commercial Banks for at least one SC/ST borrower and one women borrower per bank branch for setting up greenfield enterprises in the manufacturing, service and trading sectors. Since initiation, ..

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6 years of Stand-Up India Scheme

On 5th April 2016, The Stand-up India scheme was launched by the Indian government. On 5th April 2022, it completed six years. Why was this scheme launched? This scheme was launched by the central government with the aim of encouraging entrepreneurship from the grass-root level so that job creation and economic empowerment can be fostered ..

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National Startup Day

Every year the National Startup Day is celebrated on January 16. PM Modi has announced that Startups are the backbone of India. This is why it is essential to celebrate the day. Also India is celebrating Startup India Innovation Week between January 10, 2022 and January 16, 2022. The week celebrations are organized by Department ..

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Stand Up India Scheme: Over 81% account holders are women

The Ministry of Finance has launched several schemes in past seven years which comprise of several special provisions that empowers the women. One such scheme is “Stand-up India scheme” under which 81% of the account holders are women. All these schemes have financially empowered the women to lead a better life and fulfil their dreams ..

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Sahakar Pragya Programme: Key Facts

The Ministry of Agriculture and Farmers Welfare recently launched the Sahakar Pragya. The initiative will train the primary cooperative societies in the country. It holds 45 new training modules of National Cooperative Development Corporation (NCDC). It will enhance the training capacity of NCDC through a network of eighteen regional training centres. About Sahakar Pragya Under ..

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Start-ups come under Priority sector as per new lending norms

The Reserve Bank of India has brought the startups in the country under the purview of priority sector guidelines (PSL), a move that will make it easier for startups to raise funding from the banking sector. As of now, the sectors are that are under PSL are agriculture, MSMEs, Education, Housing, Social Infrastructure among others. ..

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PM Narendra Modi launches Stand up India scheme for SC/ST, women

Prime Minister Narendra Modi has launched the Stand-up India scheme aimed at providing credit to Scheduled Caste (SC), Scheduled Tribe (ST), and women borrowers in the non-farm sector. The scheme is intended to promote entrepreneurship among SC/ST and women and further give a push to government’s financial inclusion programme. The broad features of the scheme ..

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