PROVIDING FINANCIAL SUPPORT TO EMERGING ENTREPRENEURS IN INDIA: A STUDY OF STAND UP INDIA SCHEME

Dr. Ganesh Lande

Abstract


Government of India has taken many steps for the inclusive economic growth of the country. The persons generally want to start their own business; failed due to adequate financial support from the banks or any other source. Economic or financial inclusion aims at providing financial support with the help of banks and financial institutions to the people who are seeking. The fair, equitable and transparent services are expected by the common people at very much affordable cost. The ‘Stand Up India Scheme’ is one of the key steps taken by the Government of India to facilitate the financing of SC / ST or at least one women borrower for setting up a greenfield enterprise. The recognition of SC/ST or women for providing such financial support time to time will help them to succeed in the business. The scheme is not only providing financial support to emerging entrepreneurs but also provides future prospects for their development and growth. Such schemes will definitely help in creating a supportive atmosphere in the country for entrepreneurs.

 

This paper mainly focuses on and studies on the financial support provided under the scheme of government of India ‘Stand up India Scheme’ to the emerging entrepreneurs.

Keywords


Financial Support, Entrepreneurs, Government Schemes, Economic Growth, Development.

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