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.
Read more:
“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)