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Union Cabinet has approved the Stand Up India Scheme to promote entrepreneurship amongst SC/ST and women
Shri Arun Jaitley said, “SC ST entrepreneurs are beginning to show great great promise in starting and running of successful businesses. The Prime Minister has given a call for promoting entrepreneurship amongst the SC/ ST to become the job providers rather than become job seekers. I am happy to inform you that the Union Cabinet has approved the Stand Up India Scheme to promote entrepreneurship amongst SC/ST and women. 500 crores for this purpose. The scheme will facilitate at least 2 such projects per bank branch , one in each category of entrepreneur. This will benefit atleast 2.5 Laks entrepreneurs. We are celebrating 125th Birth Anniversary of Dr. B.R. Ambedkar. This must become year of empowerment for SC/ST. ”
Entrepreureship ecosystem will also built to promote SC/ST entrepreunreship.