Stand Up India Scheme launched for promoting entrepreneurship among SC/ ST and women entrepreneurs

Q.  PM Narendra Modi launched which scheme on April 5, 2016?
- Published on 06 Apr 16

a. Kaushal Kendra Yojana
b. Pradhan Mantri Mudra Yojana
c. Stand Up India Scheme
d. Start Up India Scheme

ANSWER: Stand Up India Scheme
 
PM Narendra Modi launched Stand Up India Scheme to promote entrepreneurship among SC, ST and Women entrepreneurs

The Kaushal Kendra (Skilling Center) under the Pradhan Mantri Mudra Yojana in Noida also came up
  • The Scheme is intended to facilitate at least two projects per bank branch, on an average one for each category of entrepreneur.
  • It is expected to benefit at least 2.5 lakh borrowers within 36 months.
  • It provides for refinance window through Small Industries Development Bank of India (SIDBI) with an initial amount of INR 10000 crore and credit guarantee mechanism through the National Credit Guarantee Trustee Company (NCGTC).

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