The Finance Ministry on Sunday said banks have sanctioned Rs 25,586 crore to about 1,14,322 beneficiaries under the Stand Up India Scheme in the last five years for promoting entrepreneurship among women and SC & STs. The objective of Stand-Up India is to promote entrepreneurship amongst women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a greenfield enterprise in trading, manufacturing and services sector, by both ready and trainee borrowers, the Finance Ministry said in a statement. Under the scheme, bank loans between Rs 10 lakh and Rs 1 crore are provided to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks. Started in April 5, 2016, the scheme has benefited 93,094 women entrepreneurs with outstanding loan of Rs 21,200 crore as of March 23. This scheme, which has been extended up to 2025, covers SC/ST and/or women entrepreneurs, above 18 years of age, ..
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Though business for majority of entrepreneurs is yet to return to pre-Covid levels, has the country's indomitable entrepreneurial spirit gotten over the Covid bump?
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Dr. Krishan Kumar belongs to a family lineage of honest & dedicated persons, many of whom serve the country in different capacities, including as successful bureaucrats.
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Book review of How I Built This: The Unexpected Paths to Success from the World's Most Inspiring Entrepreneurs
Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday announced sanction of over 10,000 loan cases for the union territory's budding entrepreneurs under various programmes. Sinha said his mantra for Jammu and Kashmir revolved around 'four Ps' -- peace, progress, prosperity and people. The sanctioning of over 10,000 cases under B2V3 (back to village-3) self employment programme, economic package and 'My Town-My Pride' highlights the UT government's commitment to empower the youth which is one of the foremost priorities of J&K government, he said. Sinha said 15,309 applications were received, out of which 10,828 have been sanctioned and an amount of Rs 100 cr has been disbursed to 6,734 applicants, identified under B2V3. We had taken up a target of covering at least 2 persons in each Panchayat who were in need of financial assistance for self employment, he added. He said the administration is committed to cover every single aspirant within the UT, who wishes to set up ...
With digital technologies changing the way people live, shop and learn, individuals need to continue focussing on enhancing their skills
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The government has streamlined various services and simplified the forms to make same-day incorporation of the company possible in India
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The release empowers entrepreneurs with business information like business reports and invoices
In the concluding part, the author talks about how mentoring can impact the growing-up process