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LATEST NEWS UPDATES | Stand-up India loans for women, SC/STs: Minister

Stand-up India loans for women, SC/STs: Minister

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published Published on Mar 27, 2016   modified Modified on Mar 27, 2016
-PTI

Asking party workers to reach out to SCs, STs and women, Finance Minister Arun Jaitley on Saturday said the government would soon launch a ‘Stand-up India’ scheme to provide loans of up to Rs. 1 crore to help members of these communities become big entrepreneurs.

“In the next few days under ‘Stand Up India’ scheme, every bank branch will provide loans of up to Rs 1 crore to one SC/ST and one woman, to enable them to set up big industries and turn into big entrepreneurs,” Mr. Jaitley said addressing partymen at the executive committee meeting of the BJP’s Delhi unit.

The Minister said though the BJP lost the Assembly polls in Delhi, the party should try and strengthen its base by reaching out more to different sections like SCs/STs and women due to the disillusionment caused by both Congress and AAP.

Reach out: Jaitley

“There is need to reach out more to SCs/STs and women and take the schemes of the government forward. Mudra Bank is benefiting lakhs and crores of minorities, SCs/STs and women and there is need for you to reach out to them and strengthen your base among them,” Mr. Jaitley said.

The Minister asked the party’s Delhi unit to gain more political space by strengthening its base among weaker sections.

The Hindu, 27 March, 2016, http://www.thehindu.com/news/national/standup-india-loans-for-women-scsts-minister/article8399976.ece?w=alauto


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