India PM launches entrepreneurship initiative for members of historically disadvantaged communities
- PM Narendra Modi announced Stand Up India, a program to spur entrepreneurship and business-technological integration among women and India’s Scheduled Castes and Scheduled Tribes, historically disadvantaged groups subject to affirmative action by the government.
- Banks will be required to sponsor relatively inexpensive loans for entrepreneurs from disadvantaged and underrepresented communities.
- The initiative comes ahead of next year’s elections in the state of Uttar Pradesh, with the Modi-led National Democratic Alliance (NDA) coalition seeking to court Dalit and tribal votes.
“PM promises to ‘change’ lives of tribals, Dalits with ‘Stand up India’” (The Hindustan Times)
“‘Stand Up India’ will transform lives of Dalits, tribals: Modi” (The Hindu)
“‘Stand up India’: PM Modi to book first e-rickshaw through Ola” (The Times of India)
(Image Credit: Sandeep Saxena/The Hindu)