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StandUp India - Coggle Diagram
StandUp India
Key features
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Govt doesn’t allocate any budget for loans, operated by SCBs
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Security- besides primary security, loan can be secured by collateral security or credit guarantee fund scheme
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Eligibility
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Loans can be availed only for Greenfield projects (manufacturing, services, trading sector, or activities allied to agriculture )
In case of non- individual enterprise, min 51% shareholding should be with woman or SC/ST entrepreneur
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Achievements
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More than 1.8 Lakh beneficiaries, loans worth 40,710 Cr in 7 years