The Economic Times

Cabinet extends Stand-Up India Scheme till 2031, approves Rs 4,111 crore corpus to support 2.5 lakh more entrepreneurs

The Union Cabinet has extended the Stand-Up India Scheme to support women and marginalized entrepreneurs. This extension will last for five years, ultimately reaching till March 31, 2031. The scheme aims to provide financial assistance to an additional 2.5 lakh entrepreneurs during this period. Eligible entrepreneurs can avail loans between Rs 10 lakh and Rs 1 crore with significant loan coverage.