Economics · Government Schemes
With reference to the Stand-Up India Scheme, consider the following statements: 1. The scheme provides loans only to existing enterprises run by SC, ST, and women entrepreneurs to expand their businesses. 2. It mandates each scheduled commercial bank branch to extend loans to at least one SC/ST borrower and one woman borrower. 3. The loan amount under this scheme ranges from ₹10 lakh to ₹1 crore and is available only for greenfield projects. 4. Beneficiaries can avail handholding support through a portal developed by SIDBI, which also integrates over 8,000 mentorship and support agencies. Which of the statements given above are correct?
- 12, 3, and 4 only✓
- 21 and 4 only
- 31, 2, and 3 only
- 42 and 4 only
Correct answer
2, 3, and 4 only
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