Stand Up India is a scheme launched by the Indian government in 2016 that aims to promote entrepreneurship among women, Scheduled Castes, and Scheduled Tribes. It provides loans between 10 lakh and 1 crore rupees to entrepreneurs from these categories to help them start businesses. Some key benefits of the scheme include composite loans for working capital, debit cards to access working capital, assistance to build credit histories, refinancing from SIDBI, credit guarantees, various forms of support for borrowers, online and mobile applications, tax relaxations for new businesses, reduced patent fees, easier exit policies, and upgrading opportunities for rickshaw pullers.

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Start Up India
Stand Up India

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What is Stand Up India?

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Introduction
• Stand Up India Scheme is approved by Union
Cabinet and launched by Honorable Prime
Minister of India on 5th April, 2016 at Sector
62, Noida (U.P, India).
• The scheme promoted 2.5 lakh women,
scheduled caste and scheduled tribes
entrepreneurs through banks.
• The Scheme will act as a refinance window
through SIDBI (Small Industries Development
Bank of India) with INR 10,000 crore.
• It will provide loans to entrepreneurs
belonging to the said three categories in the
range of INR 10 lakh to INR 1 crore.

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Key Benefits

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A Composite Loan of INR 10 lakh to upto 1 crore
•The amount is inclusive of working capital for
entrepreneurs belonging to any of the 3 categories, i.e.
women, SC or ST.
•It will help them to set up their business without
worrying about arranging seed capital. The amount can
be repaid within 7 years, which is quite a comfortable
tenure.
Benefit #1

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Withdrawal of Working capital through debit card
•Now, withdraw working capital using debit card and
start your business as early as you can.
•This would help to give a boost to the small
businesses & MSME community.
Benefit #2

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Development of borrower's credit history
•Obtaining these loans can also help in developing or improving your credit history
if you are/have been in good repayment terms.
Benefit #3

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SIDBI to have a refinance window for entrepreneurs
•Small Industries Development Bank of India will be opening a refinance
window for SMEs starting with the amount of INR 10,000 crore.
Benefit #4

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Credit guarantee fund of INR 5,000 crore to be created by NCGTC
•There will be more chances to get approval for the loan and obtain the same to
start your business.
Benefit #5

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Comprehensive support for borrowers
•The borrowers will not just receive funds, but will also get the support in pre
and operational phases of loan procurement, as well as for marketing of the
business.
Benefit #6

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Web portal & mobile app
•Entrepreneurs can easily download application forms for business loans;
do online registration; and self certification through web portal and mobile
app.
Benefit #7

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Relaxation fort SMEs that are under 3 years
•No inspection of start-ups and income tax relaxation during the first 3 years
of starting the business.
Benefit #8

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Application fee to be reduced
•80% reduction in application fee for SME patent
applications.
Benefit #9

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Easier exit policies
•For businesses that are not performing well, there will be easier exit policies.
Benefit #10

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Upgradation for rickshaw pullers
•Upgradation of rickshaw-pullers into
E-rickshaw owners.
•About 5100 E-Rickshaws was
distributed by the Bhartiya Micro
Credit during the launch event.
•Three times increment in their
income.
•Training for them and certification
will be provided by NSDC on
completion of training.
Benefit #11

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