During the Union Budget for 2025-26, it was announced that the government will introduce a Rs _____ crores term loan scheme.
2
The question asks the size of the term loan under a new scheme announced in the Union Budget 2025-26.
In the 2025-26 Budget, the government proposed a scheme to encourage first-time entrepreneurs, specifically women and persons from the Scheduled Castes and Scheduled Tribes.
Under this scheme, five lakh such first-time entrepreneurs are to be provided term loans of up to Rs 2 crore each over the next five years.
The initiative builds on the earlier Stand-Up India model and adds online capacity-building and managerial and entrepreneurship skill support to raise the chances of success of these ventures.
The figures of 8, 6 and 5 crore do not correspond to the announced ceiling for this particular first-time entrepreneur term loan scheme.
Hence the government announced a Rs 2 crore term loan scheme.
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