Cabinet extends Stand-Up India scheme until March 2031
The Union Cabinet approved continuation of the Stand-Up India scheme for five years until March 2031. The scheme supports greenfield enterprises promoted by women and Scheduled Caste or Scheduled Tribe entrepreneurs. A credit guarantee corpus of ₹4,111 crore was approved for the extended period. The government aims to support an additional 2.5 lakh entrepreneurs. The scheme is implemented through scheduled commercial banks. It is designed to improve access to institutional credit and promote inclusive entrepreneurship.
Try the question
Until which year was the Stand-Up India scheme extended?
Answer: (d) 2031
The Cabinet extended Stand-Up India until March 2031.