The government launched the Stand - Up India scheme to promote entrepreneurship among ______.

Question

Question

This question was previously asked in

SSC MTS (2022) Official Paper (Held On: 10 May, 2023 Shift 2)

Answer 1

The correct answer is Women and SC/ST communities.

Key Points

The Stand-Up India scheme was launched by the Indian government to promote entrepreneurship among women and SC/ST communities.
The main objective of the scheme is to provide financial assistance to women and SC/ST entrepreneurs to start their own businesses and become job creators rather than job seekers.
The scheme provides loans ranging from Rs.10 lakh to Rs.1 crore to eligible beneficiaries for setting up new enterprises or expanding existing ones.
The scheme also provides handholding support to beneficiaries in the form of skill training, mentorship, and market linkages to ensure the success of their businesses.
The scheme has been successful in promoting entrepreneurship and creating employment opportunities for women and SC/ST communities across the country.

Additional Information

The Stand-Up India scheme is not specifically targeted towards disabled individuals. However, they can also benefit from the scheme if they belong to the eligible categories of women or SC/ST communities.
The Stand-Up India scheme is not specifically targeted towards the transgender community. However, they can also benefit from the scheme if they belong to the eligible categories of women or SC/ST communities.
The Stand-Up India scheme is not specifically targeted towards elderly individuals. However, they can also benefit from the scheme if they belong to the eligible categories of women or SC/ST communities.