The government will introduce a new and stronger version of Stand-Up India Scheme in the Union Budget 2026 to be presented on 1 February. Stand-Up India II Can launch. The loan limit in this scheme is expected to be increased from the current ₹1 crore to ₹2 crore. Its objective is to provide more support to small and first-generation businesses and increase employment at the grassroots level. At present SC, ST and Women Entrepreneurs get loans ranging from ₹ 10 lakh to ₹ 1 crore, but at the time of expansion there is a funding gap. Stand-Up India II is an attempt to fill this gap. With the increased loan limit, businesses will be able to increase their capacity and their dependence on informal lenders will reduce. From 2016 to 2025, loans worth more than ₹ 61,000 crore have been sanctioned under this scheme. This step in the budget can give a big boost to inclusive growth.
Big bang in Budget 2026. Loan up to ₹2 crore will be available from Stand-Up India II. Money Live | Big announcement in Budget 2026! | Loans up to ₹2 crore available through Stand-Up India II
