Standup INDIA

STANDUP INDIA GOVT SCHEME SHORT PPT

1. Topic :- STANDUP INDIA Presented by :- Rishabh Borade SIMMC A ( 25 )

2. INTRODUCTION Stand-Up India  was launched by Government of  India  on 5 April 2016 to support entrepreneurship among women and SC & ST communities . With a motive of promoting entrepreneurship at the grassroot level for creating employment opportunities and economic empowerment .

3. OBJECTIVE The objective of the Stand-Up India scheme is to facilitate bank loans between Rs.10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least  one woman borrower per bank branch for setting up a green field enterprise . This enterprise may be in manufacturing, services or the trading sector . In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an  SC/ST or Woman entrepreneur.

4. FEATURES SC/ST and/or woman entrepreneurs, above 18 years of age Loan Amount:  The scheme will cover up to 75% of the project cost Interest Rate:  The scheme assures the lowest applicable interest rate of the bank for that category that is well within (base rate * MCLR + 3% + tenor premium). Security:  Besides the primary security, you can secure the loan with collateral or guarantee of the Credit Guarantee Fund Scheme for Stand-Up India Loans (CGFSIL ) Repayment Period:  The loan can be repaid over seven years Modes of Disbursement:  For a loan amount of up to Rs.10 lakh, the sum will be sanctioned by way of overdraft . A bove Rs.10 lakh, the sum will be sanctioned in the form of the cash credit limit

5. FACTS AND FIGURES Total

6. SUCCESS STORIES Enterprise at Village Level Proprietor of the firm is Mrs. Swati Rahul Dhundale , she belongs to schedule cast, her husband, Rahul Dhundale is working as a teacher in private school. Rahul Dhundale working with private sector they were facing problem of rigidity of the job .  Since they are staying in village they are familiar with agriculture field. Hence they have decided to start grain filter. They approached Stand up india loan amount of Rs . 10.00 lakh to purchase machinery. They are purchasing grain from farmer and after filter and gradation they are selling with higher rate and earning good profit. Mrs. Swati Rahul Dhundale . Loan sanctioned :- 10 lac . Business :- Grain sorting .

7. Thank you .