Seed funds to SC/ST and woman entrepreneur under Stand Up India scheme
Govt of India launched Stand up India Scheme provides fund for Seed to SC/ST and woman entrepreneur and the Scheme facilitates bank loans between Rs 10 lakh and Rs 1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks (SCBs). For more details of Seed fund to SC/ST and woman entrepreneur under Stand up India Scheme, read below:
Ministry of Finance
Seed funds to SC/ST and woman entrepreneur under Stand Up India scheme
03 MAR 2020
Stand Up India Scheme was launched by the Government on 5th April 2016 and the Scheme facilitates bank loans between Rs 10 lakh and Rs 1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks (SCBs) for setting up greenfield enterprises in the manufacturing, services or the trading sectors. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today.
Shri Thakur further said that the Scheme is expected to benefit at least 2.5 lakh borrowers. Government does not allocate funds for loans under the Stand Up India Scheme as loans under the Scheme are extended by lending institutions as per commercial parameters. However, state-wise and bank-wise details of loans extended under the Scheme, as on 25th February 2020, are placed at the Annexure-I and Annexure-II respectively.
Annexure-I
State-wise performance under Stand Up India Scheme as on 25.02.2020, since inception.
|
SL No
|
States/UTs
|
(Amount in Rs. Crore)
|
|
|
No. of A/Cs
|
Sanctioned Amt.
|
||
|
1
|
Andaman and Nicobar
|
121
|
22.98
|
|
2
|
Andhra Pradesh
|
5267
|
1272.59
|
|
3
|
Arunachal Pradesh
|
145
|
36.89
|
|
4
|
Assam
|
1387
|
294.82
|
|
5
|
Bihar
|
3094
|
582.43
|
|
6
|
Chandigarh
|
340
|
68.02
|
|
7
|
Chhattisgarh
|
2128
|
511.75
|
|
8
|
Dadra and Nagar Haveli
|
35
|
7.95
|
|
9
|
Daman and Diu
|
33
|
16.38
|
|
10
|
Delhi
|
2913
|
691.71
|
|
11
|
Goa
|
380
|
75.09
|
|
12
|
Gujarat
|
6172
|
1804.49
|
|
13
|
Haryana
|
3060
|
689.83
|
|
14
|
Himachal Pradesh
|
1128
|
222.95
|
|
15
|
Jammu and Kashmir
|
313
|
66.96
|
|
16
|
Jharkhand
|
1719
|
354.96
|
|
17
|
Karnataka
|
4914
|
1147.89
|
|
18
|
Kerala
|
2683
|
548.55
|
|
19
|
Ladakh
|
62
|
9.55
|
|
20
|
Lakshadweep
|
2
|
0.53
|
|
21
|
Madhya Pradesh
|
3552
|
808.66
|
|
22
|
Maharashtra
|
6683
|
1545.66
|
|
23
|
Manipur
|
163
|
32.81
|
|
24
|
Meghalaya
|
171
|
39.73
|
|
25
|
Mizoram
|
218
|
51.98
|
|
26
|
Nagaland
|
256
|
49.92
|
|
27
|
Odisha
|
2618
|
528.22
|
|
28
|
Puducherry
|
199
|
46.72
|
|
29
|
Punjab
|
2950
|
610.24
|
|
30
|
Rajasthan
|
4206
|
917.69
|
|
31
|
Sikkim
|
225
|
30.71
|
|
32
|
Tamil Nadu
|
8323
|
1916.87
|
|
33
|
Telangana
|
5423
|
1363.66
|
|
34
|
Tripura
|
157
|
29.03
|
|
35
|
Uttar Pradesh
|
11246
|
2277.59
|
|
36
|
Uttarakhand
|
1613
|
357.44
|
|
37
|
West Bengal
|
5534
|
1018.12
|
|
Total
|
89433
|
20051.4
|
|
Source: As per the data reported by Scheduled Commercial Banks on standupmitra portal (www.standupmitra.in)
Annexure-II (b)
Bank-wise performance under Stand Up India Scheme as on 25.02.2020, since inception.
|
Sr No
|
Bank Name
|
(Amount in Rs. Crore)
|
|
|
No. of A/Cs
|
Sanctioned Amt.
|
||
|
Public Sector Banks
|
|||
|
1
|
Allahabad Bank
|
1757
|
438.28
|
|
2
|
Andhra Bank
|
6848
|
1286.62
|
|
3
|
Bank of Baroda
|
7808
|
1734.72
|
|
4
|
Bank of India
|
7671
|
1429.7
|
|
5
|
Bank of Maharashtra
|
1503
|
351.73
|
|
6
|
Canara Bank
|
8401
|
2109
|
|
7
|
Central Bank of India
|
2917
|
730.25
|
|
8
|
Corporation Bank
|
1915
|
501.23
|
|
10
|
Indian Bank
|
4029
|
885.48
|
|
11
|
Indian Overseas Bank
|
3179
|
679.65
|
|
12
|
Oriental Bank of Commerce
|
777
|
255.48
|
|
13
|
Punjab and Sind Bank
|
2005
|
399.03
|
|
14
|
Punjab National Bank
|
12461
|
2749.63
|
|
15
|
State Bank of India
|
11070
|
2560.33
|
|
16
|
Syndicate Bank
|
3178
|
907.65
|
|
17
|
UCO Bank
|
2935
|
794.72
|
|
18
|
Union Bank of India
|
1625
|
368.62
|
|
19
|
United Bank of India
|
2848
|
483.63
|
|
20
|
Total
|
82927
|
18665.75
|
Private Sector Banks
|
1
|
Axis Bank
|
8
|
2.77
|
|
2
|
Federal Bank
|
127
|
33.71
|
|
3
|
HDFC Bank
|
739
|
156.46
|
|
4
|
IDBI Bank Ltd.
|
811
|
176.9
|
|
5
|
ICICI Bank
|
1235
|
297.04
|
|
6
|
IndusInd Bank
|
1281
|
288.23
|
|
7
|
Jammu & Kashmir Bank Ltd
|
64
|
9.6
|
|
8
|
Karnataka Bank Ltd
|
2
|
0.29
|
|
9
|
RBL Bank Limited
|
4
|
0.06
|
|
10
|
SOUTH INDIAN BANK
|
27
|
12.47
|
|
11
|
The Nainital Bank Ltd
|
7
|
2.52
|
|
12
|
Yes Bank Ltd.
|
4
|
0.75
|
|
|
Total
|
4309
|
980.8
|
Annexure-II (b)
Bank-wise performance under Stand Up India Scheme as on 25.02.2020, since inception.
|
Sr No
|
Bank Name
|
(Amount in Rs. Crore)
|
|
|
No. of A/Cs
|
Sanctioned Amt.
|
||
|
Regional Rural Banks
|
|||
|
1
|
RRB Andhra Pradesh GVB
|
4
|
0.47
|
|
2
|
RRB Andhra Pragathi GB
|
79
|
14.26
|
|
3
|
RRB Arunachal Pradesh RB
|
1
|
0.4
|
|
4
|
RRB Aryavart Bank
|
84
|
18.49
|
|
5
|
RRB Assam GVB
|
60
|
13.43
|
|
6
|
RRB Bangiya GVB
|
43
|
10.05
|
|
7
|
RRB Baroda Gujarat GB
|
109
|
25.94
|
|
8
|
RRB Baroda Rajasthan KGB
|
14
|
2.78
|
|
9
|
RRB Baroda Uttar Pradesh GB
|
329
|
50.52
|
|
10
|
RRB Chaitanya Godavari GB
|
1
|
0.24
|
|
11
|
RRB Chhattisgarh GB
|
15
|
2.28
|
|
12
|
RRB Dakshin Bihar GB
|
154
|
29.57
|
|
13
|
RRB Himachal Pradesh GB
|
59
|
8.62
|
|
14
|
RRB J&K GB
|
28
|
6.45
|
|
15
|
RRB Jharkhand Rajya GB
|
9
|
2.15
|
|
16
|
RRB Karnataka GB
|
41
|
7.03
|
|
17
|
RRB Karnataka Vikas GB
|
162
|
35.9
|
|
18
|
RRB Kashi Gomti Samyut GB
|
62
|
11.68
|
|
19
|
RRB Kerala GB
|
175
|
28.7
|
|
20
|
RRB Madhya Pradesh GB
|
33
|
7.72
|
|
21
|
RRB Madhyanchal GB
|
5
|
1.82
|
|
22
|
RRB Maharashtra GB
|
23
|
4.47
|
|
23
|
RRB Manipur Rural Bank
|
11
|
1.48
|
|
24
|
RRB Odisha GB
|
10
|
2.18
|
|
25
|
RRB Paschim Banga GB
|
9
|
2
|
|
26
|
RRB Prathama UP GB
|
170
|
25.05
|
|
27
|
RRB Puduvai Bharathiar GB
|
5
|
0.5
|
|
28
|
RRB Punjab GB
|
84
|
11.62
|
|
29
|
RRB Saptagiri GB
|
203
|
35.57
|
|
30
|
RRB Sarva Haryana GB
|
85
|
17.1
|
|
31
|
RRB Saurashtra GB
|
1
|
0.24
|
|
32
|
RRB Tamil Nadu GB
|
17
|
3.05
|
|
33
|
RRB Tripura Gramin Bank
|
10
|
2.43
|
|
34
|
RRB Uttar Banga KGB
|
1
|
0.25
|
|
35
|
RRB Uttar Bihar GB
|
31
|
3.49
|
|
36
|
RRB Uttarakhand GB
|
33
|
9.9
|
|
37
|
RRB Vidharbha Konkan GB
|
37
|
7.01
|
|
Total
|
2197
|
404.84
|
|
|
Grand Total (PSBs + Private Banks + RRBs)
|
89433
|
20051.4
|
|
****