Stand-Up India completes nine years with Rs 61,020 crore sanctioned
The Stand-Up India Scheme completed nine years on 5 April 2025, with total loans sanctioned of Rs 61,020.41 crore by 17 March 2025, the Finance Ministry said.
Summary
The Stand-Up India Scheme, launched on 5 April 2016 to provide bank loans to SC, ST and women entrepreneurs for new businesses, completed nine years on 5 April 2025, the Finance Ministry said. The total amount sanctioned since launch rose from Rs 14,431.14 crore as of 31 October 2018 to Rs 61,020.41 crore by 17 March 2025. Between November 2018 and November 2024, SC accounts grew from 9,399 to 46,248 with loans rising to Rs 9,747.11 crore; ST accounts grew from 2,841 to 15,228 with loans of Rs 3,244.07 crore; and women entrepreneurs' accounts grew from 55,644 to 1,90,844, with sanctioned amounts of Rs 43,984.10 crore.
Key facts
- Launched
- 5 April 2016
- Beneficiaries
- SC, ST and women entrepreneurs, for new businesses
- Total sanctioned
- Rs 61,020.41 crore by 17 March 2025
- Women accounts
- 1,90,844 by November 2024; Rs 43,984.10 crore
- SC accounts
- 46,248; Rs 9,747.11 crore
- ST accounts
- 15,228; Rs 3,244.07 crore
Practice MCQs 3 questions
In which year was the Stand-Up India Scheme launched?
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Correct answer: B — 2016
PIB (Finance Ministry): the Stand-Up India Scheme was launched on 5 April 2016.
According to the Finance Ministry, what was the total amount sanctioned under Stand-Up India since launch, as of 17 March 2025?
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Correct answer: C — Rs 61,020.41 crore
PIB (Finance Ministry): the total amount sanctioned rose from Rs 14,431.14 crore (31 October 2018) to Rs 61,020.41 crore by 17 March 2025.
Consider the following about the Stand-Up India Scheme: 1. It provides bank loans to SC, ST and women entrepreneurs to start new businesses. 2. Women entrepreneurs' accounts under it exceeded 1.9 lakh by November 2024. 3. Total sanctions under it crossed Rs 1 lakh crore by March 2025. Which of the statements given above are correct?
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Correct answer: A — 1 and 2 only
PIB (Finance Ministry): the scheme gives bank loans to SC, ST and women entrepreneurs for new businesses, and women's accounts reached 1,90,844 by November 2024. Total sanctions were Rs 61,020.41 crore by 17 March 2025, so statement 3 is wrong.