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Stand-Up India Completes Seven Years: ₹61,020 Crore Sanctioned

7 April 20251 min read
GOVERNMENT SCHEMESStand-Up IndiaCompletes SevenYears: ₹61,020Crore Sanctioned7 April 2025safalsetu.com

Why in the news

The scheme completed seven years, with loan sanctions above ₹61,000 crore.

Key facts

  • Linked campaign: Azadi Ka Amrit Mahotsav.
  • Sectors: manufacturing, services or trading.
  • Sanctions: ₹16,085 crore as of March 31, 2019 versus ₹61,020.41 crore as of March 17, 2025.

Significance

  • Builds self-reliance and jobs among disadvantaged groups.
  • Backs financial inclusion, especially in Tier 2 and Tier 3 towns.

Exam angle

  • Nodal ministry: Finance.
  • Beneficiary groups: SC, ST, women.

Test yourself

1. Under which ministry was the Stand-Up India Scheme launched in 2016?

The notes state it was launched by the Ministry of Finance on April 5, 2016.

2. Stand-Up India facilitates bank loans for which type of enterprises?

The scheme finances greenfield enterprises in manufacturing, services or trading.

3. Stand-Up India's loan sanctions stood at about how much as of March 17, 2025?

Sanctions were ₹61,020.41 crore as of that date.

This topic is part of Daily Current Affairs 6 & 7 April 2025 (30 topics).

All topics of the dayDay quizApril 2025

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