You can start your own business with the stand-up India scheme run by the government and for this you can get a maximum loan of up to Rs 1 crore.

This scheme, launched in the year 2016, provides loans ranging from Rs 10 lakh to Rs 1 crore to any economically weaker SC, ST or woman to start their own business.

The loan term under this scheme ranges from 7 months to 18 months and the minimum age limit for SC / ST and women entrepreneurs is 18 years. Under this, the loan is available for opening a business for the first time.

Source: Krishi Jagran

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