April 4, 2016 8:23 PM

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PM to launch Stand up India scheme in Noida tomorrow

Prime Minister Narendra Modi will launch Stand up India scheme in Noida tomorrow. The scheme aims at promoting entrepreneurship among the Scheduled Castes, Scheduled Tribes and Women by facilitating loans in the range of 10 lakhs to one crore rupees. Each branch of a scheduled commercial bank will facilitate at least two such loans. A web portal will also be launched for the initiative to enable online registration and support services. <br/><br/>On the occasion, the Prime Minister will also flag-off 5100 e-rickshaws by Bhartiya Micro Credit (BMC) under the Pradhan Mantri Mudra Yojna scheme. The BMC aims at spreading awareness of the financial inclusion and social security schemes and proposes to take the benefits to poor and destitute people in the country. Mr. Modi will interact with the beneficiaries, besides inaugurating a Kaushal Vikas Kendra.

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