Question

Essay on startup india standup india scheme

Answer 1

startup India Standup India is a scheme launched by the Modi government on 16th of January in 2016. This campaign is planned to bring new opportunities for the youths of the country. PM Narendra Modi was talked about this campaign on 15th of August while addressing the nation from Red Fort, New Delhi. This initiative is to encourage the young entrepreneurs to greatly involve in the entrepreneurship for better future. According to the programme, around 1.25 lakh bank branches will encourage youth (at least one Dalit or Adivasi and one woman entrepreneur) entrepreneurs by giving them loan. This campaign will create new jobs for the people in India.

Answer 2

Hello friend ☺ _/\_

Your Answer ->>>

$\bold{The\:Startup\:India}$

• It is a flagship initiative launched by the Government of India on 16th January, 2016 to build a strong ecosystem for nurturing innovation and start-ups in the country which will drive economic growth and generate large scale employment opportunities.

• The Government through this initiative aims to empower startups to grow through innovation and design.

$\bold{The\:Standup\:India}$

• This scheme was launched on 5th April, 2016 to facilitate bank loans from Scheduled Commercial Banks (SCBs) between Rs.10 lakh to Rs.1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) and one woman per bank branch for setting up a greenfield enterprise in trading, services or manufacturing sector.

• The scheme is expected to benefit at least 2.5 lakh borrowers.

Thank You ❤

@swigy