The 'Stand-Up India Scheme' is one of the flagship initiatives of the Government of India, launched on April 5, 2016, with the aim of fostering an entrepreneurial culture among Scheduled Castes (SC), Scheduled Tribes (ST), and women. Under this scheme, banks provide loans ranging from Rs.10 lakh to Rs.1 crore to eligible individuals for establishing new (greenfield) enterprises in any of the three sectors: manufacturing, services, or trading. Its primary objective is to assist relatively underrepresented sections of society in starting their own businesses, create employment opportunities, and ensure financial inclusion.
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