Banking service chronicle

Banking service chronicle

Banking service chronicle published this article page no 2 the stand up india scheme was launched on 5th april 2016 to promote entrepreneurship at the grassroots level and create jobs. the scheme has been extended up to the year 2025. the scheme focuses on promoting entrepreneurship among women scheduled castes (sc) and scheduled tribes (st). the scheme provides loans for greenfield enterprises in manufacturing services trading sectors and agriculture-related activities. union finance & corporate affairs minister nirmala sitharaman said that more than 1.8 lakh women and sc/st entrepreneurs have been sanctioned loans for over rs. 40600 crore. the scheme has created an ecosystem that facilitates access to loans from bank branches of all scheduled commercial banks Banking service chronicle magazine subscription.

Banking service chronicle