STNAD-UP INDIA PRESENTED BY Mr.A.David Brainard M.A.(Ph.D.) PRESIDENT – DALIT INDIAN CHAMBER OF COMMERCE AND INDUSTRY (DICCI) & MANAGING DIRECTOR & CEO of Microsmartware Pvt. Ltd. .  .

STND-UP INDIA

Brief about –STAND-UP INDIA The Hon’ble Prime Minister, Shri. Narendra Modi in his Independence Day address on August 15, 2015 unveiled his game changer campaign "Start-Up India" Stand-Up India to promote entrepreneurship at grass root level for economic empowerment and job creation. The Stand-Up India Scheme launched to coincide with the celebration of the 125th birth anniversary of Dr. Babasaheb Bhimrao Ambedkar, seeks to leverage the institutional credit structure to reach out to the underserved sector of people such as Scheduled Caste, Scheduled Tribe and Women entrepreneurs so as to enable them to participate in the economic growth of the nation. The scheme will benefit atleast 2.5 lakh borrowers through 1.25 lakh bank branch network located across the country. The objective of the Stand-Up India Scheme is to facilitate bank loans between  10 lakh to  100 lakh to atleast one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and atleast one Woman borrower per bank branch of all scheduled commercial banks for setting up a greenfield enterprise. MAFACTURING/SERVICE/TRADING/AGRICULTUREAL/ALLIED AGRI   . 

STANDUP-INDIA Link up websites  1 Ministry of Social Justice and Empowerment http://socialjustice.nic.in/ 2 Ministry of Women and Child Development http://wcd.nic.in/ 3 Dept. of Financial Services Ministry of Finance, Government of India http://financialservices.gov.in/ 4 NABARD District Development Office Locator www.nabard.org/english/ddolocator.aspx 5.DCMSME- District Industries Centre Locater www.dcmsme.gov.in/howtosetup/dis%20address.html 6.Ministry of MSME www.msme.gov.in/mob/home.aspx 7Ministry of MSME-MSME schemes and programs http://msme.gov.in/web/portal/Scheme.aspx 8 SIDBI http://www.sidbi.in/    

9. SIDBI-smallB Portal http://smallb.sidbi.in 10.MUDRAhttp://www.mudra.org.in/ 11.CGTMSE https://www.cgtmse.in/ 12. Ministry of MSME - CLCSS Subsidy http://www.dcmsme.gov.in/schemes/credit_link_scheme.htm 13Ministry of Textiles - TUFS Subsidy http://www.txcindia.gov.in/tufs_home/tufs_home.htm 14. National Scheduled Castes Finance and Development Corporation http://www.nsfdc.nic.in 15.National Scheduled Tribes Finance & Development Corporation   http://nstfdc.nic.in 16.National Backward Classes Finance & Development Corporation http://www.nbcfdc.gov.in 17.North Eastern Development Finance Corporation Ltd http://www.nedfi.com/ 18.National Small Industries Corporation http://www.nsic.co.in/ 19.Bank Branch Locator http://www.pmjdy.gov.in/gis/ 20.Web based marketing platform to the women entrepreneurs http://www.mahilaehaat-rmk.gov.in/

STNAD-UP INDIA WWW.STANDUPINDIAMITRA.IN STAND-UP INDIA IS THREE PILLARS SUPPORT – HAND HOLDING PROVIDING INFORMATION ON FINANCE CREDIT GUARANTEE.

IS IT A COLLATERAL FREE? IN CASE THE BARROWER IS UNABLE TO OFFER ADEQUATE COLLATERAL, CREDIT GUARANTEE CAN BE UTILIZED BY THE BANK CONCERN. IF A BARROWER OPTED IN HIS ONLINE APPLICATION WITHOUT COLLATERAL. THE BANKER SHOULD OPT FOR NATIONAL CREDIT GUARANTEE TRUST. CONCLUSION: NO, COLLATERAL FOR BARROWER AND YES, COLLATERAL FOR BANKER WITH NATIONAL CREDIT GUARANTEE TRUST.

National Credit Guarantee Trust Company www.ncgtc.in Credit Guarantee Fund Scheme for Education  Credit Guarantee Fund Scheme for Factoring Credit Guarantee Fund Scheme for Skill Credit Guarantee Scheme for Stand Up India CGSSI   Credit Guarantee Fund for Micro Units   

National Credit Guarantee Scheme for Stand Up India CGSSI S.O. 1499(E) MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 25th April, 2016    

Board of Directors DR. KSHATRAPATI SHIVAJI IAS, Chairman & Managing Director, SIDBI - Ex-officio Chairman SHRI PANKAJ JAIN IAS, Joint Secretary, Department of Financial Services, Ministry of Finance, Govt. of India – Director E-mail: p.jain@nic.in SHRI ASHWANI KUMAR  Chairman, Indian Bank’s Association – Director SHRI PRADEEP MALGAONKAR  Chief Executive Officer, NCGTC – Director   .    

CHAPTER-1 INTRODCUTION “Stand Up India Scheme” is the lending scheme as formulated and approved by Government of India "Amount in Default" means the principal and interest amount outstanding in the account(s) of the borrower in respect of term loan and amount of outstanding working capital facilities (including interest), as on the date of the account becoming NPA, “Base Rate”   "Primary security” "Collateral security" means the security provided in addition to primary security / personal obligation of borrower/co-borrower.   "Eligible borrower" m "Fund" means the ‘Credit Guarantee Fund for Stand Up India’ (CGFSI) set up by Government of India

CHAPTER-2 Scope and Extent of the Scheme 4. Guarantees by the Fund 5. Stand Up assistance eligible under the Scheme: The Trust shall cover assistance of over Rs.10 lakh & Rs.100 lakh inclusive of working capital extended by eligible lending institutions to a single eligible borrower on or after entering into an agreement with the Trust without any collateral security and/or third party guarantees or such amount as may be decided by the Trust from time to time. The dues to the lending institution have not become bad or doubtful of recovery; and / or (ii) The business or activity of the borrower for which the credit facility was granted has not ceased; and / or (iii) The credit facility has not wholly or partly been utilised for adjustment of any debts deemed bad or doubtful of recovery, without obtaining a prior consent in this regard from the Trust.    

CHAPTER-2 Scope and Extent of the Scheme (iv) Any Credit facilities granted to any borrower, who has availed of any other composite loan covered under this Scheme or under the schemes mentioned in clause (i), (ii) and (iii) above, and where the lending institution has invoked the guarantee provided by the Trust or under the schemes mentioned in clause (i), (ii) and (iii) above, but has not repaid any portion of the amount due to the Trust or under the schemes mentioned in clause (i), (ii) and (iii) above, as the case may be, by reason of any default on the part of the borrower in respect of that composite loan. (v) Any credit facility which has been sanctioned by the lending institution against collateral security and / or third party guarantee.     (vi) Any credit facility which has been sanctioned by the lending institution which is not conforming to the Stand Up India Scheme.

CHAPTER-III GUARANTEE FEE STRUCTURE For availing the guarantee coverage, the Member Lending Institution shall apply for guarantee cover in respect of credit proposals sanctioned in the quarter April-June, July-September, October-December and January-March prior to expiry of the following quarter viz. July-September, October-December, January-March and April-June respectively. All such sanctioned cases which have been disbursed (fully or partially) would only be eligible for applying for guarantee cover in quarterly batches.    

CHAPTER-IV GUARANTEES The Fund shall provide guarantee cover to the extent of 80% of the amount in default for credit facility above Rs.10 lakh and upto Rs.50 lakh, subject to a maximum of Rs.40 lakh. For credit facility above Rs.50 lakh and upto Rs.100 lakh - Rs.40 lakh plus 50% of amount in default above Rs.50 lakh subject to overall ceiling of Rs.65 lakh of the amount in default. .   The Fund reserves the right to modify the same. The guarantee cover will commence from the date of payment of guarantee fee and shall run through the agreed tenure of the Stand Up India credit facilities.   .

CHAPTER-IV GUARANTEES The Fund shall provide guarantee cover to the extent of 80% of the amount in default for credit facility above Rs.10 lakh and upto Rs.50 lakh, subject to a maximum of Rs.40 lakh. For credit facility above Rs.50 lakh and upto Rs.100 lakh - Rs.40 lakh plus 50% of amount in default above Rs.50 lakh subject to overall ceiling of Rs.65 lakh of the amount in default. .   The Fund reserves the right to modify the same. The guarantee cover will commence from the date of payment of guarantee fee and shall run through the agreed tenure of the Stand Up India credit facilities.   .

*Invocation of guarantee CHAPTER-V CLAIMS *Invocation of guarantee *Subrogation of rights and recoveries on account of claims paid  

CHAPTER-VI MANAGMENT-CONSTITUTION The Fund shall have a Management Committee to be appointed by the Settlor of the Fund consisting of Secretary, DFS as the ex-officio Chairperson; Chairman and Managing Director of SIDBI, Chairman of Indian Banks’ Association; and Chief Executive Officer, NCGTC as Member Secretary . A member appointed as above in his/her ex-officio capacity shall remain as a member only as long as he/she holds that office and upon his/her vacating that office, his/her successor shall become a member without any further act or deed. DR. KSHATRAPATI SHIVAJI IAS, Chairman & Managing Director, SIDBI - Ex-officio Chairman SHRI PANKAJ JAIN IAS, Joint Secretary, Department of Financial Services, Ministry of Finance, Govt. of India – Director E-mail: p.jain@nic.in SHRI ASHWANI KUMAR  Chairman, Indian Bank’s Association – Director SHRI PRADEEP MALGAONKAR  Chief Executive Officer, NCGTC – Director  

EVERY INDIAN IS A UNIQUE BRAND Bankers role in creation of wealth for India and Creating of jobs for Indians Make India First and the Best Together ALUTE TO ALL DIANS Salute to all Bankers SALUTE TO INDIA.