Ministry of Finance

Seed funds to SC/ST and woman entrepreneur under Stand Up India scheme

Posted On: 03 MAR 2020 6:39PM by PIB Delhi

Stand Up India Scheme was launched by the Government on 5th April 2016 and the Scheme facilitates bank loans between Rs 10 lakh and Rs 1 crore to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks (SCBs) for setting up greenfield enterprises in the manufacturing, services or the trading sectors. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today.

            Shri Thakur further said that the Scheme is expected to benefit at least 2.5 lakh borrowers. Government does not allocate funds for loans under the Stand Up India Scheme as loans under the Scheme are extended by lending institutions as per commercial parameters. However, state-wise and bank-wise details of loans extended under the Scheme, as on 25th February 2020, are placed at the Annexure-I and Annexure-II respectively.

 

Annexure-I 

State-wise performance under Stand Up India Scheme as on 25.02.2020, since inception.

SL No

States/UTs

(Amount in Rs. Crore)

No. of A/Cs

Sanctioned Amt.

1

Andaman and Nicobar

121

22.98

2

Andhra Pradesh

5267

1272.59

3

Arunachal Pradesh

145

36.89

4

Assam

1387

294.82

5

Bihar

3094

582.43

6

Chandigarh

340

68.02

7

Chhattisgarh

2128

511.75

8

Dadra and Nagar Haveli

35

7.95

9

Daman and Diu

33

16.38

10

Delhi

2913

691.71

11

Goa

380

75.09

12

Gujarat

6172

1804.49

13

Haryana

3060

689.83

14

Himachal Pradesh

1128

222.95

15

Jammu and Kashmir

313

66.96

16

Jharkhand

1719

354.96

17

Karnataka

4914

1147.89

18

Kerala

2683

548.55

19

Ladakh

62

9.55

20

Lakshadweep

2

0.53

21

Madhya Pradesh

3552

808.66

22

Maharashtra

6683

1545.66

23

Manipur

163

32.81

24

Meghalaya

171

39.73

25

Mizoram

218

51.98

26

Nagaland

256

49.92

27

Odisha

2618

528.22

28

Puducherry

199

46.72

29

Punjab

2950

610.24

30

Rajasthan

4206

917.69

31

Sikkim

225

30.71

32

Tamil Nadu

8323

1916.87

33

Telangana

5423

1363.66

34

Tripura

157

29.03

35

Uttar Pradesh

11246

2277.59

36

Uttarakhand

1613

357.44

37

West Bengal

5534

1018.12

Total

89433

20051.4

Source: As per the data reported by Scheduled Commercial Banks on standupmitra portal (www.standupmitra.in)

Annexure-II (b)

Bank-wise performance under Stand Up India Scheme as on 25.02.2020, since inception.

Sr No

Bank Name

 ( Amount in Rs. Crore)

No. of A/Cs

Sanctioned Amt.

Public Sector Banks

1

Allahabad Bank

1757

438.28

2

Andhra Bank

6848

1286.62

3

Bank of Baroda

7808

1734.72

4

Bank of India

7671

1429.7

5

Bank of Maharashtra

1503

351.73

6

Canara Bank

8401

2109

7

Central Bank of India

2917

730.25

8

Corporation Bank

1915

501.23

10

Indian Bank

4029

885.48

11

Indian Overseas Bank

3179

679.65

12

Oriental Bank of Commerce

777

255.48

13

Punjab and Sind Bank

2005

399.03

14

Punjab National Bank

12461

2749.63

15

State Bank of India

11070

2560.33

16

Syndicate Bank

3178

907.65

17

UCO Bank

2935

794.72

18

Union Bank of India

1625

368.62

19

United Bank of India

2848

483.63

20

Total

82927

18665.75

Private Sector Banks

1

Axis Bank

8

2.77

2

Federal Bank

127

33.71

3

HDFC Bank

739

156.46

4

IDBI Bank Ltd.

811

176.9

5

ICICI Bank

1235

297.04

6

IndusInd Bank

1281

288.23

7

Jammu & Kashmir Bank Ltd

64

9.6

8

Karnataka Bank Ltd

2

0.29

9

RBL Bank Limited

4

0.06

10

SOUTH INDIAN BANK

27

12.47

11

The Nainital Bank Ltd

7

2.52

12

Yes Bank Ltd.

4

0.75

 

Total

4309

980.8

Source: As per the data reported by Scheduled Commercial Banks on standupmitra portal (www.standupmitra.in)

             

 

 

Annexure-II (b)

Bank-wise performance under Stand Up India Scheme as on 25.02.2020, since inception.

Sr No

Bank Name

 ( Amount in Rs. Crore)

No. of A/Cs

Sanctioned Amt.

Regional Rural Banks

1

RRB Andhra Pradesh GVB

4

0.47

2

RRB Andhra Pragathi GB

79

14.26

3

RRB Arunachal Pradesh RB

1

0.4

4

RRB Aryavart Bank

84

18.49

5

RRB Assam GVB

60

13.43

6

RRB Bangiya GVB

43

10.05

7

RRB Baroda Gujarat GB

109

25.94

8

RRB Baroda Rajasthan KGB

14

2.78

9

RRB Baroda Uttar Pradesh GB

329

50.52

10

RRB Chaitanya Godavari GB

1

0.24

11

RRB Chhattisgarh GB

15

2.28

12

RRB Dakshin Bihar GB

154

29.57

13

RRB Himachal Pradesh GB

59

8.62

14

RRB J&K GB

28

6.45

15

RRB Jharkhand Rajya GB

9

2.15

16

RRB Karnataka GB

41

7.03

17

RRB Karnataka Vikas GB

162

35.9

18

RRB Kashi Gomti Samyut GB

62

11.68

19

RRB Kerala GB

175

28.7

20

RRB Madhya Pradesh GB

33

7.72

21

RRB Madhyanchal GB

5

1.82

22

RRB Maharashtra GB

23

4.47

23

RRB Manipur Rural Bank

11

1.48

24

RRB Odisha GB

10

2.18

25

RRB Paschim Banga GB

9

2

26

RRB Prathama UP GB

170

25.05

27

RRB Puduvai Bharathiar GB

5

0.5

28

RRB Punjab GB

84

11.62

29

RRB Saptagiri GB

203

35.57

30

RRB Sarva Haryana GB

85

17.1

31

RRB Saurashtra GB

1

0.24

32

RRB Tamil Nadu GB

17

3.05

33

RRB Tripura Gramin Bank

10

2.43

34

RRB Uttar Banga KGB

1

0.25

35

RRB Uttar Bihar GB

31

3.49

36

RRB Uttarakhand GB

33

9.9

37

RRB Vidharbha Konkan GB

37

7.01

Total

2197

404.84

Grand Total (PSBs + Private Banks + RRBs)

89433

20051.4

Source: As per the data reported by Scheduled Commercial Banks on standupmitra portal (www.standupmitra.in)

 

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RM/KMN



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