The Stand Up India Scheme
Week [5th-11th January]
Aims: promote entrepreneurship among SC/ST and Women entrepreneurs
Provisions are :
Refinance window through Small Industries Development Bank of India (SIDBI).
Creation of a credit guarantee mechanism through the National Credit Guarantee Trustee Company (NCGTC).
Handholding support for borrowers both at the pre loan stage and during operations. This would include increasing their familiarity with factoring services, registration with online platforms and e-market places as well as sessions on best practices and problem solving.