Cabinet Extends Stand-Up India Scheme Till 2031
Scheme aims to promote entrepreneurship among women, SCs and STs and provide financial assistance to additional 2.5 lakh entrepreneurs in a span of five years
UdaipurTimes, Nov 11, 2026 - The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of Stand-Up India Scheme for a period of five years, i.e. upto March 31, 2031. The scheme aims to promote entrepreneurship among women, Scheduled Castes (SCs) and Scheduled Tribes (STs) and to provide financial assistance to additional 2.5 lakh entrepreneurs in a span of five years backed by a credit guarantee corpus of Rs 4,111 crore.
Since its launch in April 2016, the scheme, a flagship initiative of the Government of India, has facilitated loans to more than 2.75 lakh women/SC/ST entrepreneurs. It has provided credit access for women, SC and ST entrepreneurs, enabling enterprise creation and strengthening entrepreneurship across underserved communities, thereby supporting inclusive economic growth.
Scheme Salient Features
- Eligible Borrowers: Women, SC and ST entrepreneurs for setting up new/green field enterprises
- Quantum of Support: The loan can be in the form of either Composite (Working Capital and Term Loan) or Term loan for amounts above Rs10 lakh and upto Rs 1 crore (upto 85% of the project cost).
- Eligible Sectors: Manufacturing, services, trading and agri-allied activities.
- Credit Guarantee Coverage: 85% of the loan amount
- Guarantee Fee: Standard guarantee fee of 0.50 %
