Start up India & Stand up India: Most Important Topic for 2021 RBI Assistant Exam

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Start up India & Stand up India

  • Campaign name: Start Up India … Stand Up India
  • This campaign is based on an action plan.
  • Aim:
    • At promoting bank financing for start-up ventures
    • To boost entrepreneurship
    • Encourage start-ups with jobs creation
    • Focus on innovativeness of the idea for the start up
  • First announced by Prime Minister Narendra Modi.
  • Announced on 15 August 2015.
  • To address from the Red Fort.
Start up India and Stand up India

Stand up India – 5th April 2016

  • Promote Entrepreneurship
  • Composite loan ₹ 10 lakh to ₹ 100 lakh.
  • Debit Card (RuPay) for withdrawal of working capital.
  • Develop Credit history of borrower.
  • Refinance window through Small Industries Development Bank of India (SIDBI) with an initial amount of ₹ 10,000 crore.
  • Creation of a corpus of ₹ 5,000 crore for credit guarantee through NCGTC.
  • Web Portal for online registration and support services.
Start up India Eco System

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