Startup India, Standup India Guidelines for Entrepreneurship

Startup India, Standup India Guidelines for Entrepreneurship

Description:

On January 16, Prime MinisterNarendra Modi unveiled a 19-point action plan for start-up enterprises inIndia. Highlighting the importance of the Stand Up India Scheme, Hon’ble Primeminister said that the job seeker has to become a job creator. Prime MinsiterNarendra Modi announced that the initiative envisages loans to at least twoaspiring entrepreneurs from the Scheduled Castes, Scheduled Tribes, and Womencategories. It was also announced that the loan shall be in the ten lakh to onecrore rupee range. 

 

A startup India hub will be createdas a single point of contact for the entire startup ecosystem to enableknowledge exchange and access to funding. Startup India campaign is basedon an action plan aimed at promoting bank financing for start-up ventures toboost entrepreneurship and encourage start ups with jobs creation. 


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