Current Affairs · Government Schemes
An SC woman entrepreneur is setting up a greenfield manufacturing unit under the Stand-Up India scheme. The total project cost is ₹60,00,000. She has secured a central government subsidy of 10 percent of the project cost under a state-specific scheme. According to the updated Stand-Up India guidelines (where the margin money requirement is up to 15 percent), what is the minimum amount of 'Own Contribution' she must bring in, and what will be the Bank Loan amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Own Contribution: ₹6,00,000; Bank Loan: ₹48,00,000
- 2Own Contribution: ₹3,00,000; Bank Loan: ₹54,00,000
- 3Own Contribution: ₹9,00,000; Bank Loan: ₹45,00,000
- 4Own Contribution: ₹3,00,000; Bank Loan: ₹51,00,000✓
Correct answer
Own Contribution: ₹3,00,000; Bank Loan: ₹51,00,000
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