The programme will be launched by PM Modi at a function to be held at Noida.
     
The Cabinet, headed by PM Modi, had in January approved 'Stand up India' scheme for providing credit to SC, ST and women entrepreneurs at lower rates.
    
Under the scheme, which will be implemented through 1.25 lakh bank branches, banks will give loans at the "least applicable rate" of interest.
     
Also every bank branch, including private sector, will give loans between Rs 10 lakh and 1 crore to at least one SC/ST and one woman entrepreneur under the scheme.

 

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