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What are the benefits of Stand Up India Scheme?

By IndianMoney , 5 months ago

A. The basic aim of the initiative is to provide encourage and motivate new entrepreneurs so as to minimize unemployment. B. If you are an investor then Stand Up India gives you the right platform where you get professional advice, time, and knowledge about laws. Another benefit is that they would assist you in the start-up for the initial two years of your work. C. They also provide post set up aid to the consultants. D. Moreover, another benefit for entrepreneurs is that they do not have to worry much about how to pay back the amount that they have taken for the loan as they need to pay back the loan in a span of seven years, which reduces the stress of repayment for the borrowers. However, a certain amount needs to be paid back each year as per the borrower?s choice. E. This scheme will help to eradicate legal, operational and other institutional obstacles for entrepreneurs as well. F. It can be a very positive boost in terms of job creation, leading to socio-economic empowerment of Dalits, tribals and women. G. It may also act as the driving force for other Government schemes like ?Skill India? and ?Make in India?. H. It will help protect the demographic dividend in India I. With access to bank accounts and technological education, it will lead to financial and social inclusion of these strata of society.

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