Stand up India Yojana- The Stand Up India Yojana is a government scheme launched by Prime Minister Narendra Modi in April 2016, designed to support entrepreneurs from marginalized communities, including women, Scheduled Castes (SC), and Scheduled Tribes (ST).
The primary objective of the scheme is to provide financial assistance to these groups, encouraging them to start their own businesses, especially greenfield projects (new businesses). Under this scheme, eligible applicants can receive loans ranging from ₹10 lakh to ₹1 crore with a repayment tenure of up to 7 years. The initiative aims to promote entrepreneurship, reduce unemployment, and foster economic growth through small enterprises.
Stand up India Yojana 2025
To be eligible, the applicant must be at least 18 years old, an Indian citizen, and must be from one of the targeted communities. Additionally, the business must be a new venture, and if the applicant is a business entity, at least 51% of the business should be owned by women, SC, or ST entrepreneurs. The scheme offers tax benefits for the first three years of the loan tenure, further incentivizing new entrepreneurs.
Documents required for the application include identity proof, residence proof, business plans, and partnership deeds. The application process is simple, involving registration on the official portal, submission of the application form, and uploading necessary documents. Once approved, the loan is disbursed, helping individuals start or expand their businesses.
Stand up India Yojana 2025 Overviews
| Aspect | Details |
| Launched By | Prime Minister Narendra Modi |
| Target Groups | Women, SC, ST individuals |
| Loan Amount | ₹10 lakh to ₹1 crore |
| Category | Govt. Scheme |
| Loan Tenure | 18 months to 7 years |
| Eligibility | 18+, Indian citizen, from target groups, new business (greenfield project) |
| Benefits | Financial aid, tax benefits, entrepreneurship promotion |
| Required Documents | ID proof, residence proof, business plan, photos, tax returns (if applicable) |
| Application Process | Register, fill form, upload docs, submit |
Introduction to Stand Up India Yojana
In India, unemployment has become a significant challenge, particularly for the younger generation. To combat this issue and provide opportunities for employment, the Government of India has launched several schemes. One such initiative is the Stand Up India Yojana, which aims to help individuals, especially from marginalized communities, establish their own businesses by providing financial assistance. This scheme offers loans ranging from ₹10 lakh to ₹1 crore to individuals who wish to start a business.
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What is Stand Up India Yojana?
The Stand Up India Yojana was introduced by the Government of India in April 2016, with the aim of promoting entrepreneurship among Scheduled Castes (SC), Scheduled Tribes (ST), and women. The scheme primarily focuses on providing financial support to individuals from these communities to start greenfield projects (new businesses). The loan under this scheme can be availed for a period of 7 years, and it is designed to encourage job creation, reduce unemployment, and foster economic growth through small-scale enterprises.
Eligibility Criteria
To apply for the Stand Up India Yojana, the following criteria must be met:
- Target Group: The scheme is specifically targeted towards women, Scheduled Castes (SC), and Scheduled Tribes (ST).
- Age Limit: Applicants must be 18 years of age or older.
- Nationality: Only Indian citizens are eligible to apply for the scheme.
- Type of Business: Only greenfield projects (new businesses) are eligible for the loan. Existing businesses or expansions do not qualify.
- Eligibility for Non-Individual Applicants: Non-individual applicants (i.e., enterprises) can apply if at least 51% of the business is owned by a woman, SC, or ST entrepreneur.
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Benefits of Stand Up India Yojana
The Stand Up India Yojana offers several benefits to eligible applicants:
- Financial Assistance: A loan of ₹10 lakh to ₹1 crore is provided to eligible applicants to start their businesses.
- Loan Repayment Period: The loan can be repaid over a period of 18 months to 7 years, depending on the terms.
- Interest Subsidy: Tax benefits are available for the first 3 years of the loan tenure.
- Support for New Entrepreneurs: This initiative encourages individuals from underserved communities to venture into entrepreneurship and create sustainable business opportunities.
Required Documents
Applicants must submit the following documents to apply for the scheme:
- Proof of Residence: Such as a utility bill or rental agreement.
- Proof of Identity: Aadhaar card, voter ID, passport, or any other government-issued ID.
- Photographs: Recent passport-sized photos.
- Business Plan: Detailed plan for the proposed business, including the type of business and its potential market.
- Tax Returns: Income tax returns of the applicant (if applicable).
- Loan Application Form: Duly filled loan application form.
- Partnership Deed/Company Memorandum: If applicable, submit a copy of the partnership deed or company’s memorandum of association.
- Other Relevant Documents: Depending on the nature of the business, documents related to property or business certifications may be required.
How to Apply for Stand Up India Yojana?
The process to apply for the Stand Up India Yojana is simple and can be done online:
- Visit the Official Website: Go to the official Stand Up India Yojana portal.
- Register Online: Create an account by providing basic details like name, contact information, etc.
- Fill the Application Form: After registration, fill in the application form with accurate details. Make sure to check the eligibility criteria before applying.
- Upload Documents: Scan and upload all necessary documents, such as identity proof, business plan, and tax returns.
- Submit the Application: After completing the application form and uploading the documents, submit the application.
- Loan Approval: If eligible, the government will process the application, and you will receive the loan amount after approval.
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Conclusion
In conclusion, the Stand Up India Yojana is a transformative initiative by the Indian government to promote entrepreneurship among women, Scheduled Castes (SC), and Scheduled Tribes (ST). By providing financial assistance in the form of loans ranging from ₹10 lakh to ₹1 crore, the scheme aims to empower individuals from marginalized communities to start their own businesses and contribute to the nation’s economic development. With a clear focus on greenfield projects and offering a flexible repayment tenure, this scheme supports the creation of sustainable enterprises and helps in tackling unemployment.
Stand up India Yojana FAQ’S
What is Stand Up India Yojana?
It is a government scheme offering loans to women, SC, and ST individuals to start their own businesses.
Who is eligible for this scheme?
Women, SC, and ST individuals, aged 18 or above, can apply if they wish to start a new business.
How much loan can I get under this scheme?
You can receive a loan ranging from ₹10 lakh to ₹1 crore.
What documents are required to apply?
Required documents include identity proof, residence proof, business plan, and partnership deeds (if applicable).
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