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-Up India was launched by Government of India on 5 April 2016 to support entrepreneurship among women and SC & ST communities. The objective of the Stand Up India Scheme is to facilitate loans from Scheduled Commercial Banks (SCBs) of value between Rs. 10 lakh and Rs.1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one woman borrower per bank branch for setting up a green field enterprise in manufacturing, services or trading sector. Also envisages extending handholding support to potential borrowers. The offices of SIDBI (Small Industries Development Bank of India) and NABARD (National Bank for Agriculture and Rural Development) are designated Stand-Up Connect Centres (SUCC).
