This scheme was launched in 2016 and after 5 years Finance Ministry launched the data via tweet, nearly Rs 25,586 crores have been sanctioned to over 1,14,332 accounts. So today let us know What does this scheme is all about and who gets benefits from it. So let us get started, before that do follow my blog Vivpost and share it with your friends.
Objectives:-
Bank Loan between 10 Lakhs and 1 Crore to at least one Schedule Caste (SC) or Schedule Tribe (ST) borrower and at least one woman borrower per bank branch. To set up a greenfield enterprise.
Greenfield Enterprises:- It may be in manufacturing, services, agriculture or its allied activities or the trading sector. In the case of non-individual enterprises, at least 51% of the shareholding and controlling stake should be held by either SC/ST or Woman Entrepreneur.
Now talk about
Eligibility:-
1) SC/ST and/or woman entrepreneurs above 18 years of age.
2) Loans under the scheme is available for only a greenfield project.
3) In the case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either SC/ST or Woman Entrepreneur.
4) Should not be a defaulter in any bank/ financial institution.
That's all about this scheme, to know more about other schemes comment down the scheme's name.
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