Stand-Up India

Stand-Up India is a government scheme designed to promote entrepreneurship among marginalized groups, specifically Scheduled Castes (SC), Scheduled Tribes (ST), and women in India. The scheme facilitates bank loans ranging from 10 lakh to 1 Crore Indian Rupees to at least one SC/ST borrower and at least one woman borrower per bank branch. These loans are intended for the establishment of new businesses, known as greenfield enterprises, in sectors such as manufacturing, services, agriculture-related activities, or trading. Additionally, in the case of non-individual enterprises, it is mandated that at least 51% of the shareholding and controlling stake be held by either an SC/ST or woman entrepreneur, ensuring active participation and ownership from these groups.