Launched by the government in 2016, the Stand-Up India scheme is specifically designed to support aspiring entrepreneurs from scheduled castes, scheduled tribes, and women across the country. The primary objective is to foster economic empowerment, promote entrepreneurship, and generate employment opportunities at the grassroots level. As of November 20, according to the data from the scheme’s portal, the scheme has sanctioned loan applications for 2.08 lakh entrepreneurs involving Rs 46,894 crore out of more than 2.29 lakh applications, totaling Rs 53,822 crore. The scheme enables credit between Rs 10 lakh and Rs 1 crore to at least one SC or ST borrower and at least one woman borrower per bank branch for setting up a greenfield (first-time venture) enterprise. This enterprise could be into manufacturing, services, agri-allied activities, or the trading sector. The documents needed to apply for the scheme depend on the location of the business and lender.