Over 80% of Stand-Up India loans sanctioned to women entrepreneurs: Govt data

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Women entrepreneurs have emerged as the biggest beneficiaries of the government’s Stand-Up India scheme with 80.2 per cent of bank loans sanctioned till early December belonging to women-led business units since its launch in April 2016. According to the data shared by the minister of state in the finance ministry Bhagwat Karad in the Rajya Sabha recently, 1,59,961 loans were sanctioned to entrepreneurs as of December 2, 2022, of which 1,28,361 loans were sanctioned to women entrepreneurs while 23,797 loans were sanctioned to scheduled caste entrepreneurs and 7,803 to scheduled tribe entrepreneurs. Read More