Ag. Extn. 6.

4 Assignment
ENTREPRENEURSHIP
DEVELOPMENT SCHEMES
BY GOVERNMENT OF INDIA

PRESENTED TO: DR. R. M. BHUVA PRESENTED BY: KOTHIYA DIVYARAJSINH. G.

ASSISTANT EXTENSION EDUCATIONIST, REG. NO.: 3010121056

NAVSARI AGRICULTURAL UNIVERSITY ROLL NO.: 47

 START-UP INDIA

• Launched on: 16th January, 2016.

• The main objectives of the Start-up India initiative are to create a conducive ecosystem
for startups, providing funding, simplify regulations, encourage innovations and job
creation.
• 14,036 Startup applications have been recognized as Startups by DIPP (as of 2018.)
• Under the scheme Startups can avail tax exemption for 3 Years in a block of 7 years.
• A ‘Fund of Funds’ of Rs. 10000 Crore is being managed by SIDBI. 170 Startups have
been funded using the Funds.
 START-UP INDIA

• Startup policies from various states have been implemented.

• State Startup rankings have been initiated from the year 2018.

Logo of Start-up India Initiative

 OBJECTIVES OF START-UP INDIA

• Compliance regime based on self certification.

• Simplifying the start-up process.
• Patent protection & IPR.
• Credit Guarantee Fund.
• Exception on Capital Gains Tax.
• Setting up of 7 new research parks.
• Innovation focused programmes for students.
 STAND-UP INDIA

• Launched on: 5th April, 2016.

• This scheme was initiated by Ministry of Finance for financing SC/ST Women
Entrepreneurs by felicitating bank loans for setting up a greenfield project enterprise in
manufacturing , services, trading sector and activities allied to agriculture.
• Scheduled Commercial Bank (SCB) branches in the district are sanctioning and
disbursing an increasing number of loans to women and SC/ST enterprises
• The scheme aims to develop an ecosystem that supports and continues to provide a
favourable business environment for SC/ST Women.
 OBJECTIVES OF STAND-UP INDIA

It provide bank loans between Rs. 10 lakh and Rs. 1 Crore to at least one SC/ST borrower
and at least one woman borrower per bank branch for setting up a greenfield enterprise.
• Incase of non-individual enterprise, at least 51% share should be held by SC/ST Woman
Entrepreneur.
• This company could be in the manufacturing, service, or trading industries.
• Increasing and responding to potential borrowers’ queries via the Stand up Mitra portal.
STAND-UP INDIA

Logo of Stand-up India Initiative

 PMMY SCHEME

• Launched on: 8th April, 2015.

• Pradhan Mantri Mudra Yojana (PMMY) objective is to promote entrepreneurship,
particularly small and micro enterprise.
• Three Categories of Loans – Shishu Loans, Kishor Loans and Tarun Loans.
• Shishu Loans – Loans upto Rs. 50,000
• Kishor Loans – Loans from Rs. 50000 to Rs. 5,00,000
• Tarun Loans – Loans from Rs. 5,00,000 to Rs. 10,00,000.
 PMMY SCHEME

• Under PMMY Scheme loans are collateral-free, which means borrowers do not need to
provide any security or collateral to avail of the loan.
• Interest rate for loans under PMMY are determined by the lending institutions, and they
vary based on factors such as the borrower’s creditworthiness, loan amount and
repayment tenure.
• Total 44.46 Crore loans are sanctioned under PMMY Yojana which amount upto Rs.
27.75 Lakh Crore.
 OBJECTIVES OF PMMY SCHEME

• For laying down policy guidelines for financing small/ micro enterprises.
• Getting all the Microfinance Institutions and related entities registered and then regulating the same.
• For helping the small businesses develop and grow further.
• Assisting lower income groups in building and expanding their business.
• To assist in creating easy access to finance for unbanked and help in lowering their cost of finance.
• For regulating all Microfinance Institutions that are dealing with trading, manufacturing, and service.
PMMY SCHEME

Logo of Pradhan Mantri Mudra Yojana

 ATAL INNOVATION MISSION (AIM)

• Launched on: 15th January, 2016.

• It is the policy of Government to foster a culture of innovation and entrepreneurship
among students, researchers and entrepreneurs by providing financial, technical and
infrastructure support.
• Key Components: ATLs, AICs, ANIC, ACICs, ARISE and ARIIA.
• Atal Tinkering Labs (ATLs) are established in schools across India to nurture creativity,
innovation and problem solving skills. More than 10,000 ATLs are established.
 ATAL INNOVATION MISSION (AIM)

• Atal Incubation Centers (AICs) are established to support startups with incubation facilities,
mentorship, networking opportunities and access to funding.
• Atal New India Challenges (ANIC) is a platform that invites innovators, startups and MSMEs to
solve specific challenges faced by various sectors to solve socio-economic problems.
• Atal Community Innovation Centers (ACICs) increases innovation at grassroot level, Atal
Research and Innovation for Small Enterprise (ARISE) focus on innovation capabilities of
MSMEs and Atal Rankings of Institutions on Innovation Achievements (ARIIA) is a ranking
framework that assess higher educational institutes and universities.
ATAL INNOVATION MISSION (AIM)

Logo of Atal Innovation Mission

 CREDIT GUARANTEE SCHEME FOR START-UPS
(CGSS)
• This Scheme was launched by Department for Promotion of Industry and Internal Trade
(DPIIT) for providing credit guarantees to loans extended by Scheduled Commercial
Banks (SCB), Non-Banking Financial Companies (NBFC) and SEBI.
• This scheme guarantees loans up to 5 crore from participating banks, alleviating financial
constraints.
• Over 7,300 startups have benefitted, with sanctioned loans exceeding a staggering
29,500 crore, demonstrating its reach and impact.
 OBJECTIVES OF CGSS

• CGSS is aimed at providing credit guarantee up to a specified limit against loans

extended by Member Institutions (MIs) to finance eligible borrowers i.e., Startups.
• The credit guarantee cover under the Scheme would be Transaction based and Umbrella
based.
• In respect of transaction-based guarantee cover, the guarantee cover is obtained by the
MIs on single eligible borrower basis.
• The umbrella-based guarantee cover will provide guarantee to Venture Debt Funds (VDF)
registered under SEBI.
 OBJECTIVES OF CGSS

• Transaction-based Cover:
• 80% cover for amount upto Rs. 3 Crore.
• 75% cover for amount between Rs. 3 Crore to Rs. 5 Crore.
• 65% cover for amount above Rs. 5 Crore.

• Umbrella-based Cover:
• The extent of umbrella-based cover will be the actual losses or up to a maximum of
5% of Investment upto maximum of Rs. 10 Crore per borrower.
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THANK YOU