Cabinet extends Stand-Up India scheme, approves ₹4,111 crore corpus
In short
The Union Cabinet has extended the Stand-Up India scheme for five more years and approved a ₹4,111 crore corpus.
The plan is meant to help 250,000 more entrepreneurs with financial support. This gives the government scheme more money and a longer life.
What the reporting says
The Union Cabinet has approved a five-year extension of the Stand-Up India scheme and cleared a ₹4,111 crore credit guarantee corpus. The scheme is aimed at providing financial assistance to 250,000 additional entrepreneurs, according to the source summary.
Why it matters
The Union Cabinet approved a five-year extension of the Stand-Up India scheme and sanctioned a ₹4,111 crore credit guarantee corpus. The programme is targeted at financial assistance for 250,000 additional entrepreneurs. The decision supports credit access under a government scheme and is relevant to small businesses, lending, and policy implementation.