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Rs 20,467 Crores of loans sanctioned under Stand Up India Scheme: MoS

 

By TIOL News Service

NEW DELHI, MARCH 18, 2020: RS 20,466.94 crores of loans have been sanctioned under Stand Up India Scheme to over 91,000 accounts upto 10.03.2020 since inception of the Scheme. This was stated by Mr Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha Yesterday.

Giving the details of the Scheme, the Minister said that Stand Up India Scheme was launched by the Government on 5th April, 2016. 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.

State-wise details of loans extended under the Scheme, as on 10th March, 2020, is as follows:

State-wise number of loans extended and sanctioned amount under Stand Up India Scheme as on 10.03.2020, since inception.
Sl. No
States/UTs
(Amount in Rs. Crore)
No. of A/c's
Sanctioned Amt.
1 Andaman and Nicobar Islands
123
24.05
2 Andhra Pradesh
5313
1284.11
3 Arunachal Pradesh
179
42.22
4 Assam
1391
295.66
5 Bihar
3156
593.1
6 Chandigarh
346
68.89
7 Chhattisgarh
2224
531.21
8 Dadra and Nagar Haveli
35
7.95
9 Daman and Diu
33
16.38
10 Delhi
3007
713.93
11 Goa
392
77.35
12 Gujarat
6292
1837.7
13 Haryana
3124
703.32
14 Himachal Pradesh
1156
229.01
15 Jammu and Kashmir
320
68.6
16 Jharkhand
1783
368.64
17 Karnataka
5002
1172.03
18 Kerala
2720
554.81
19 Ladakh
68
10.71
20 Lakshadweep
2
0.53
21 Madhya Pradesh
3725
843.38
22 Maharashtra
6834
1577.05
23 Manipur
165
33.01
24 Meghalaya
175
40.21
25 Mizoram
220
53.38
26 Nagaland
257
50.15
27 Odisha
2681
546.56
28 Puducherry
204
47.64
29 Punjab
2999
619.25
30 Rajasthan
4334
947.55
31 Sikkim
232
32.31
32 Tamil Nadu
8428
1946.24
33 Telangana
5496
1384.15
34 Tripura
163
29.97
35 Uttar Pradesh
11455
2317.89
36 Uttarakhand
1665
363.39
37 West Bengal
5620
1034.64
  Total
91319
20466.94
Source: As per the data reported by SCBs on standupmitra portal (www.standupmitra.in)

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