New Delhi, July 22 -- Under Centre's Stand-Up India Scheme, loans ammounting to nearly Rs 29,000 crore have been sanctioned to SC/ST and Women Entrepreneurs between April 2022 and March 2025, the Parliament was told on Tuesday.

Union Finance Minister Nirmala Sitharaman said in a reply in Rajya Sabha that apart from financial support, the scheme provides guidance, training and specific expertise viz; Skilling Centres, Mentorship support, Entrepreneurship Development Program Centres, District Industries Centre, among others to marginalized sections.

The Stand-up India Scheme was launched on April 5, 2016. The objective of the Stand-Up India Scheme was to provide loans from Scheduled Commercial Banks (SCBs) of value between Rs 10 lakh and ...