Question

The ‘Stand up India Scheme’ focuses on providing financial support for -
(A) Innovators for rural and semi-urban area.
(B) Woman entrepreneurs.
(C) Scheduled Caste (SC) entrepreneurs
(D) Scheduled Tribes (ST) entrepreneurs
Choose the most appropriate answer from the options given below :

• A. (A) and (D) only
• B. (B) and (C) only
• C. (B), (C) and (D) only
• D. (B) and (D) only

Hint:

Stand Up India = SC + ST + Women. Remember these three specific categories to solve any question related to this scheme.

Answer 1

The Correct Option is C

Step 1: Understanding the Concept:
The Stand Up India Scheme was launched by the Government of India in 2016 to promote entrepreneurship at the grassroots level of economic empowerment.
Step 2: Detailed Explanation:
1. The scheme facilitates bank loans between \textdollar 10 lakh and \textdollar 1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch.
2. The primary objective is to leverage the institutional credit structure to reach out to these underserved sectors of the population by facilitating their participation in the manufacturing, services, or trading sectors.
3. While it may apply to rural areas, its definition is specifically demographic (SC, ST, and Women) rather than geographic (rural/semi-urban).
Step 3: Final Answer:
Statements (B), (C), and (D) are the specific target groups of the Stand Up India Scheme.