The Union Cabinet has approved the continuation of the Stand-Up India scheme for five more years, until 31 March 2031. The scheme gives loans to women and Scheduled Caste and Scheduled Tribe entrepreneurs, and aims to support another 2.5 lakh entrepreneurs over the period.
Since its launch in April 2016, the scheme has facilitated loans to more than 2.75 lakh women, SC and ST entrepreneurs, the government said.
How it works
- Who can borrow: women, SC and ST entrepreneurs setting up new, greenfield enterprises.
- Loan size: composite (working capital plus term loan) or term loans above ₹10 lakh and up to ₹1 crore, covering up to 85% of the project cost.
- Sectors: manufacturing, services, trading and agriculture-allied activities.
- Credit guarantee: 85% of the loan amount, with a standard guarantee fee of 0.50%.
The government says the continuation will widen credit access for underserved communities and support inclusive growth.
Source: official release by the Cabinet, issued through the Press Information Bureau, Government of India (11 NOV 2026 3:17PM by PIB Delhi). Read the full official text: Cabinet approves Continuation of Stand-Up India Scheme.
How we verified this
VerifiedEvery fact, figure and quotation is taken from the official PIB release (Release ID 2334978) issued by the Cabinet on 11 NOV 2026 3:17PM by PIB Delhi; checked against the source on publication. Story written by BDT from that release; no outside facts added.
Sources
- 1.Cabinet approves Continuation of Stand-Up India Scheme — Press Information Bureau, Government of India
