New Delhi, 10th October: Stand Up India a programme initiated by Prime minister Narendra Modi to empower women and SC, ST community doesn’t seem to be on right track as it has not proved much helpful to underprivilleged people of the society.
While announcing the programme in 2016 Prime minister Modi said,”Every bank has been told that it will be your responsibility to ensure that wherever you have a branch, you have to give loans to two persons in the area — a youth who is a Dalit or an Adivasi, and a woman — to help them start a new enterprise, new business.”
But an RTI filed by an English daily Indian express suggests that 21 public sector commercial banks, 42 regional rural banks and nine private sector banks have provided Stand Up India loans to 5,852 SC applicants, 1,761 ST individuals, and 33,321 general category women.
The total loan amount sanctioned across banks is Rs 8,803 crore — so far, only Rs 4,852 crore has been disbursed.
The RTI reveals that the governmnet sanctioned 8,803 crore — so far, only Rs 4,852 crore has been disbursed.
The total no. of beneficiaries from this scheme are 38,111 people in which 5,559 of them are SC, 1,653 ST and 30,899 general category women. The average amount disbursed to SC/St applicants is Rs 10 lakh while the average for women is Rs 12.27 lakh.
The IndusInd bank alone has sanctioned 184 laons to Dalits under Stand Up India programme whereas the other banks have sanctioned 12 loans to schedule castes.
Whereas other 9 banks have provided loan to 196 SC, 76 ST individuals and 2,015 general category women. According to the newspaper Axis Bank, HDFC Bank, South Indian Bank and The Nainital Bank have not provided a single Stand Up India loan to an SC individual and and Axis Bank, Federal Bank, ICICI Bank, The Nainital Bank and Yes Bank have not provided any loans to ST individuals.