Cabinet approves Continuation of Stand-Up India Scheme
PIB National (English) · Published 11 November 2026 · Last updated
The Union Cabinet has approved the continuation of the Stand-Up India Scheme for a period of five years up to March 31, 2031, aiming to support 2.5 lakh additional entrepreneurs.
Key points
- The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved the continuation of the Stand-Up India Scheme on November 11, 2026.
- The scheme has been extended for a period of 5 years up to 31.03.2031.
- The programme aims to provide financial assistance to an additional 2.5 lakh entrepreneurs over the five-year span.
- Eligible borrowers under the scheme include Women, Scheduled Castes (SCs), and Scheduled Tribes (STs) entrepreneurs for setting up new or greenfield enterprises.
- The loan quantum ranges from Rs. 10.00 lakh up to Rs. 1.00 crore, covering up to 85% of the project cost.
- Eligible loan structures include either Composite loans (Working Capital and Term Loan) or Term loans.
- Eligible economic sectors comprise Manufacturing, Services, Trading, and Agri allied activities.
- The scheme provides a Credit Guarantee coverage of 85% of the loan amount alongside a standard guarantee fee of 0.50%.
Background
- The Stand-Up India Scheme was originally launched in April 2016.
- Since its inception in April 2016, the scheme has facilitated loans to more than 2.75 lakh Women, SC, and ST entrepreneurs.
Prelims facts and Mains angle for this issue are in the full SWAदेSH note.
Original report: PIB National (English)