Stand Up India scheme aims at supporting entrepreneurship to ______ community of India.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Scheduled caste.
- Stand Up India scheme aims to support entrepreneurship among the Scheduled Caste (SC) and Scheduled Tribe (ST) communities of India.
- Launched by the Government of India in April 2016, this scheme facilitates bank loans between ₹10 lakh and ₹1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise in manufacturing, services, or trading sectors.
- The objective is to promote economic empowerment and reduce economic disparities by fostering entrepreneurship among these marginalized communities.