More than 25,586 crore Rupees were sanctioned to over 1,14,322 accounts by the Banks under Stand-Up India Scheme in 5 years.

Stand up India Scheme was launched on 5th April 2016 to promote entrepreneurship at grassroot level focusing on economic empowerment and job creation. This scheme has been extended up to the year 2025. The objective of Stand-Up India is to promote entrepreneurship amongst women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a greenfield enterprise in trading, manufacturing and services sector.

The scheme facilitates bank loans between Rs.10 lakh to Rs.1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks.Loans under the scheme are available for only greenfield projects. Green field signifies, in this context, the first time venture of the beneficiary in the manufacturing,  services or the trading sector & activities allied to agriculture.

Rs. 25,586 crore has been sanctioned under Stand Up India Scheme to over 1,14,322 accounts upto 23.03.2021 since inception of the Scheme. 16258 accounts of SC were Sanctioned an Amount of 3335.87 crores. 4970 accounts of ST were Sanctioned an Amount of  1049.72. crore rupees. 93094 accounts of Women were sanctioned an amount of 21200.77 crores. A total of  114322 Accounts were Sanctioned a total of Amount: 25586.37 crores.