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Narendra Modi to launch Stand Up India initiative today

Narendra Modi to launch Stand Up India initiative today

India Blooms News Service | | 05 Apr 2016, 09:32 am
New Delhi, Apr 5 (IBNS) Prime Minister Narendra Modi will launch the Stand Up India initiative at Noida on Tuesday.

"Today the 'Stand up India' initiative will be launched. This initiative will promote entrepreneurship among women, SC & ST communities," Modi tweeted.

The initiative will promote entrepreneurship among the Scheduled Castes, Scheduled Tribes, and Women, by facilitating loans in the range of Rs. 10 Lakhs to Rs. 100 Lakhs.

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.

The Prime Minister will flag-off 5100 e-rickshaws on the occasion.

He will interact with the beneficiaries, besides inaugurating a Kaushal Vikas Kendra (Skilling Centre).
 

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