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Explain the following term*/concept;- Stand-ups - Organisation of Commerce and Management

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Question

Explain the following term/concept;-

Stand-ups

Definition

Solution

The objective of the Stand-Up India scheme is to facilitate bank loans between Rs.10 lakh and Rs.1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise.

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Initiatives in Entrepreneurship Development
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Chapter 3: Entrepreneurship Development - Exercise [Page 51]

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