‘Stand Up India’ Scheme

‘Stand Up India’ Scheme



  • Recently, the Department of Financial Services of the Ministry of Finance announced that the Stand Up India Scheme has been extended till the year 2025.
  • This scheme was launched in 2016 by the Prime Minister. 


  • To facilitate loans from Scheduled Commercial Banks (SCBs) of value between rupees 10 lakh and rupees 1 Crore.
  • Provide this service to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one woman borrower per branch for setting up either a greenfield enterprise in the manufacturing, or services, or in the trading sector.
  • Margin money requirement for loans under this scheme has been decreased from 25% to 15% and activities associated with agriculture have been included in the Scheme.


  • Under the Stand Up India Scheme, the government does not appropriate funds for loans.
  • Loans are extended by SCBs as per standard business parameters, Board-approved policies of respective banks, and extant RBI guidelines. 
  • An amount of rupees hundred crores in the financial year 2O2O-21 has been allotted to the corpus of the Credit Guarantee Fund for Stand Up India.

Process for applying for a loan:

  • Potential applicants can submit their applications through www.standupmitra.in portal.
  • Handholding support, intensive publicity campaigns, simplified loan application form, Credit Guarantee Scheme, convergence with State and Central Government Schemes wherever possible, decreasing the margin money, and inclusion of activities associated with agriculture were put in place to ease the public transmission.

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