This Article is From Apr 04, 2016

PM Narendra Modi To Launch Stand Up India Initiative On Tuesday

PM Narendra Modi To Launch Stand Up India Initiative On Tuesday

Prime Minister Narendra Modi will also flag-off 5,100 e-rickshaws and also interact with the beneficiaries, besides inaugurating a Kaushal Vikas Kendra (skilling centre). (File photo)

New Delhi: Prime Minister Narendra Modi will on Tuesday launch the Stand Up India initiative at Noida.

The initiative will promote entrepreneurship among the Scheduled Castes, Scheduled Tribes, and women, by facilitating loans in the range of Rs 10 lakh to Rs 100 lakh, an official statement said.

As per the scheme, each branch of a scheduled commercial bank shall facilitate at least two such loans. A web portal will also be launched for the initiative, to enable online registration and support services.

PM Modi will also flag-off 5,100 e-rickshaws and also interact with the beneficiaries, besides inaugurating a Kaushal Vikas Kendra (skilling centre).
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