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Over 98k entrepreneurs get loans under Stand-Up India
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SME Times News Bureau | 18 Dec, 2020
The Finance Ministry on Friday said that 98,449 loans have been
sanctioned so far under the Stand-up India scheme which is aimed at
empowering enterpreneurs from Scheduled Castes (SC), Scheduled Tribes
(ST) along with women entrepreneurs.
The scheme promotes setting
up of greenfield enterprise by the concerned communities in
manufacturing, services and trading sectors.
Under the scheme, loans between Rs 10 lakh to Rs 100 lakh are provided to the beneficiaries.
A
tweet by the Finance Ministry also said that Pradhan Mantri Jan Dhan
Yojna (PMJDY) launched with an aim of 'banking the unbanked', has
achieved "tremendous success in providing affordable financial services
to Indian citizens".
Commenting on the progress, Hans Raj Chugh,
Partner ASHM & Associates said: "As the number of operational
account increases, the number of transactions across the country also
get increase which is a positive indicator of economic development of
the nation."
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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UK Pound
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87.50
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84.65 |
Euro
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75.65 |
Japanese
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