The Stand-Up India Scheme, launched on April 5, 2016, facilitates bank loans between ₹10 lakh and ₹1 crore to at least one SC/ST and one woman borrower per bank branch for setting up greenfield enterprises. It focuses on manufacturing, services, or trading sectors, providing composite loans and handholding support to entrepreneurs.
Know MoreThe Prime Minister’s Employment Generation Programme (PMEGP) is a flagship credit-linked subsidy scheme launched by the Ministry of Micro, Small and Medium Enterprises (MSME) in 2008. Aimed at generating sustainable self-employment opportunities, the scheme supports traditional artisans and unemployed youth in setting up new micro-enterprises in both rural and urban areas.
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