Stand-Up India Extended to March 2031: Cabinet Sets New Entrepreneurship Target
The Union Cabinet has approved a five-year continuation of Stand-Up India up to March 31, 2031, targeting at least 2.5 lakh additional entrepreneurs. Follow HilluBhai news for more updates.
Key details
| Item | Details |
|---|---|
| Approval announced | November 11, 2026 |
| Extension ends | March 31, 2031 |
| Target | At least 2.5 lakh additional beneficiaries |
| Credit guarantee corpus | ₹4,111 crore |
Who the scheme supports
The official release identifies women and Scheduled Caste and Scheduled Tribe entrepreneurs establishing new, or greenfield, enterprises. Eligible sectors include manufacturing, services, trading and agriculture-allied activities.
What support is described
The announcement lists term or composite loans above ₹10 lakh and up to ₹1 crore, covering up to 85% of project cost. Credit guarantee coverage is stated at 85% of the loan amount, with a standard guarantee fee of 0.50%. These are scheme features, not a promise that every application will receive the maximum amount.
What applicants should prepare
A proposed enterprise needs a clear project plan, cost estimate and repayment model. Bank appraisal and current operational rules still matter. Applicants should ask the lender which documents, contribution and eligibility conditions apply to their case. The extension expands the scheme’s time horizon; it does not turn a loan into an automatic grant or eliminate repayment responsibilities.
Reporting basis: Union Cabinet continuation announcement through PIB, November 11, 2026.
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