Provision of Margin Money for Scheduled Caste and Neo-Buddhist Entrepreneurs under the Central Government’s Stand Up India Scheme

State Sponsored Scheme

Government Resolution:

• Social Justice and Special Assistance Department, Government Resolution: No. Masaka-2018/Pr.No.259 (2)/AJAK, Date: 08 March, 2019
• Social Justice and Special Assistance Department, Government Resolution: No. StandEI-2020/Pr.No.23 (2)/AJAK, Date: 09 December, 2020
• Social Justice and Special Assistance Department, Government Resolution: No. StandEI-2020/Pr.No.23 (2)/AJAK, Date: 26 March, 2021

Main Objective of the Scheme:

• To provide margin money assistance to Scheduled Caste and Neo-Buddhist entrepreneurs under the Central Government’s Stand Up India scheme, offering up to 15% of the required 25% margin money as a grant.
• This scheme has been implemented since 2019 and is being executed as per the revised Government Resolution dated 26 March, 2021.

Nature of the Scheme:

• Under the Central Government’s Stand Up India scheme, eligible new entrepreneurs from the Scheduled Caste and Neo-Buddhist communities will receive up to 15% of the required 25% margin money as a grant.

Beneficiary Selection Criteria:

• The scheme will benefit eligible new entrepreneurs from the Scheduled Caste and Neo-Buddhist communities whose cases have been approved by nationalized banks under the Central Government’s Stand Up India scheme.

Beneficiary:

Scheduled Caste and Neo-Buddhist

Benefits:

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