By:

Vikas shetty
 Introduction
 Features
 Eligibility
 Conclusion
Prime Minister Narendra Modi launched the
‘Stand up India’ scheme on 5 April 2016 as
part of the government's efforts to support
entrepreneurship among women and SC &
ST communities. The scheme offers bank
loans of between ₹10 lakh (US$15,000) and
₹1 crore (US$150,000) for scheduled castes
and scheduled tribes and women setting up
new enterprises outside of the farm sector.
1.A composite loan of INR 10 lakh to up to 1 crore,
including working capital for women, SC/ST to
set up a new business. The loan amount will be
repayable up to 7 years.
2. RuPay for withdrawal of working capital
through debit card.
3. Measures to develop borrower’s credit history.
4. SIDBI (Small Industries Development Bank of
India) to have a refinance window for
entrepreneurs, starting with the amount of INR
10,000 crore.
 Loans under the stand up scheme for financially
backward entrepreneurs.
 How the loan will be provided to the beneficiaries
under the stand up scheme?
 Some important data regarding the stand up India
scheme
Name of the scheme :stand up India scheme
Total beneficiaries :2.5 lakh
Loan amount to be sanctioned : Rs. 10 lakh –Rs.1
crore
5. Credit guarantee fund of INR 5,000 crore to be
created by NCGTC (National Credit Guarantee
Trustee Company).
6. Comprehensive support for Borrowers for the needs
pertaining to pre-loan, facilitation, marketing, and
operational phases.
7. A web portal and mobile application for
entrepreneurs to download application forms, E-
registration, self certification, and other support
services.
8.No inspection of start-ups, and income tax
relaxation during the first 3 years of
commencement of business.
9.Application fee of start-up patent to be reduced by
80%.
10.Exit policies to be made easier.
1.SC/ST and/or Women entrepreneurs, above 18
years of age.
2.Loans under the scheme is available for only green
field project. Green field signifies , in this context,
the first time venture of the beneficiary in the
manufacturing or services or trading sector.
3. In-case of non-individual enterprises, 51% of the
shareholding and controlling stake should be held
by either SC/ST and/or Women Entrepreneur.
4. Borrower should not be in default to any
bank/financial institution.
 The rate interest would be lowest
applicable rate of the bank for
that category (rating category)
exceed (base rate MCLR)+3% of
tenor premium
 Besides primary security , the loan
may be secured by collateral security
of guarantee of credit guarantee
fund scheme for stand up India
loan(CGFSIL) as decided by the
banks
 The loan is repayable in 7 years with
a maximum moratorium period of
18 years
 The scheme envisages 25% margin money
which can be provided in convergence with
eligible central /state scheme while such
scheme can be drawn upon for availing
admissible subsidies or for meeting money
requirement in all cases the borrower shall
be required to bring in minimum of 10% of
the project cost as own contribution
 Gogle Ceo SUNDAR PICHAI said that
India is “fastest growing stand up nation
in the world around the globe”-speaking at
the digital India event in silicon valley
(US)where in PM Narendra Modi meet
ceo’s of global tech companies ,pichai said
“I was in India last year. I met hungry
entrepreneur similar to the ones I meet in
silicon valley”