PROVIDING FINANCIAL SUPPORT TO EMERGING ENTREPRENEURS IN INDIA: A STUDY OF STAND UP INDIA SCHEME

Government of India has taken many steps for inclusive economic growth of the country. The persons generally want to start their own business; failed due to adequate financial support from the banks or any other source. Economic or financial inclusion aims at providing financial support with the help of banks and financial institutions to the people who are seeking. The fair, equitable and transparent services are expected by the common people at very much affordable cost. The ‘Stand Up India Scheme' is one of the key steps taken by Government of India to facilitate the financing SC / ST or at least one women borrower for setting up a greenfield enterprise. The recognition of SC/ST or women for providing such financial support time to time will help them to succeed the business. The scheme is not only providing the financial support to the emerging entrepreneurs but also provides future prospects for their development and growth. Such schemes will definitely help in creating an supportive atmosphere in the country for entrepreneurs.