Why was this scheme launched?

This scheme was launched by the central government with the aim of encouraging entrepreneurship from the grass-root level so that job creation and economic empowerment can be fostered especially among the ST, SC, and women entrepreneurs of the country.

Accomplishments of this scheme

• Under this scheme over 1.33 lakh new job-creators and entrepreneurs have been facilitated.
• Over 1 lakh women entrepreneurs have been benefited under this scheme in the last six years.
• Under this scheme, Rs. 30,160 crores have been sanctioned by the government to a total of 1,33,995 accounts up to 21^st March 2022.
• Out of the total sanctioned accounts, 6,435 accounts belonged to ST borrowers with Rs 1373.71 crore sanctioned and 19,310 accounts belonged to SC borrowers with Rs 3976.84 crore sanctioned.
• To 1,08,250 women entrepreneurs who held accounts, Rs. 24809.89 crore has been sanctioned.