New Delhi. The Finance Ministry on Tuesday mentioned that over Rs 30,160 crore loans have been sanctioned below the Stand-up India marketing campaign within the final six years. Stand-up India scheme was launched on fifth April, 2016 to advertise SC, ST and girls entrepreneurs at grassroot stage. The primary goal of the scheme is financial empowerment and employment era. Within the monetary 12 months 2019-20, the Stand-up India scheme was prolonged until the 12 months 2025.
“Rs 30,160 crore has been sanctioned in 1,33,995 accounts below Stand-up India within the final six years,” the Finance Ministry mentioned in an announcement. The message mentioned, “Underneath the goal of the scheme, an increasing number of beneficiaries of the underprivileged entrepreneurial class are lined. On this method, we’re taking an necessary step in direction of constructing a self-reliant India.
He mentioned that a couple of lakh girls promoters have benefited through the six years of this scheme. Sitharaman mentioned, “The federal government understands the potential of those budding entrepreneurs to drive financial development. Those that by means of their roles create not solely wealth but in addition employment alternatives.