A Study on Impact of Stand up India Scheme on Business Environment

This paper tries to investigate how the “Stand up India Scheme” supports the young women in India facing problems and challenges to take up entrepreneurship as acareer. Many women have this quality but they never get a platform to showcasetheir talents and hence they don’t know their real abilities. Though the womenin India are considered as source of power, but they are also considered weaker sex and male dominance is still prevailing in the society. Practically women empowerment is still an illusion of reality. To eradicate this scenario “Stand up India Scheme” was launched by Prime Minister Narendra Modi on 5th April 2016
as part of the government’s efforts to encourage women entrepreneur and SC & ST communities. Under this scheme, entrepreneurs can get bank loans ranging between 10 lakh and 1 crore for scheduled castes and scheduled tribes and women to kick start their businesses. According to the government; these are sectors of the population that are often underprivileged or under-served. Both these sectors are upcoming, and fast. The scheme helps them out by facilitating loans, providing refinancing options, support and knowledge, substantial reach for maximum benefit;  connect centres near home for non-farm sector entrepreneurship. A nation is said to  truly progressive only when it has an equitable society; hence stand up India scheme has renounced a revolutionary among the weaker section of the society