List of Government Schemes for Startup

 To promote more and more startups in the country, the central and state governments are starting different schemes. So that the number of startups in the country can increase. The startup is the only option by which the unemployment rate in the country can be reduced.

Finance Minister Nirmala Sitharaman has also made several announcements for startups in her budget. Whose full benefit will be given not only to the new startup but also to the old startup.

Different types of government schemes are being run by the Finance Minister to promote startups in the country.

In this article, we are going to tell you about a list of government schemes for startups With the help of this, you can take a loan to grow your startup. 

government scheme for startup
government scheme for startup

If you want to know about such schemes, then read this article completely. Only then you will be able to take advantage of these schemes by knowing about them.

Government schemes for startup

The schemes which have been started by the central government to promote startups are explained below in detail.

1. Startup India Scheme

The 'Startup India Scheme' was started in the year 2016 by the Central Government.

With the help of the Startup India scheme, the central government wants to create such an environment so that more and more youth of the country can be friendly towards startups.

Apart from this, the aim of the government is to start new startups in the country and strengthen them. 

With the help of the Startup India scheme, the government will provide startup funding and startup guidance opportunities.

Important Points for Startup India Scheme

With the help of the Startup India scheme, startup training is provided according to the need of the entrepreneur, such as business development training, skill development training, leadership training, etc.

  • New entrepreneurs get an exemption from income tax for the first three years after starting the startup.

  • After starting a startup, if an entrepreneur becomes a debtor in business, that is, he can close his startup in three months.

  • To take advantage of the Startup India scheme, the entrepreneur has to get his startup registered with the MCA. Not only this, the registration should also not be older than 7 years.

  • For more information about this scheme, you can visit the official website of Startup India Scheme at And you can also apply from here.

2. Stand Up India Scheme

Under the Stand-Up India Scheme, the country SC / ST, OBC, and women of all categories can take a business loan ranging from Rs 10 lakh to Rs 1 crore to start their startup.

If two people are starting the startup together. If they want to take a loan under the Stand Up India Scheme, then one of those two people should be SC / ST, OBC, or a woman as a partner and their stake in the business should be 51 percent. This information should be in writing on stamp paper.

Any entrepreneur can take advantage of this scheme to start a new business or to grow an old business.

After taking this loan, the entrepreneur has to pay an interest rate of 3 percent per annum along with the base rate. The loan repayment period is up to 7 years.

Do read this too. Some of the major reasons for startup business failure, which you should avoid.

Benefits of the scheme

  • If a person has already taken any kind of loan from any bank and is not able to repay it. That means he has come under the category of defaulter. So such a person will not get any kind of business loan under this scheme.

  • If any entrepreneur wants to take advantage of Stand Up India Scheme for different businesses of the Greenfield area (such as manufacturing, service or trade sector, and agriculture), then such entrepreneurs will not get the benefit of the scheme. The entrepreneur's first business should also be in the green field area.

  • For more information about this scheme, you can also apply by visiting

3. Startup India Seed Fund Scheme

This scheme was started in 2021. Through the Startup India Seed Fund Scheme, such entrepreneurs get loans for startups. Those who need funds for market entry, product trials, prototype development, commercialization etc.

Seed funding or seed money is the initial capital investment to start any startup.

important Points about Startup India Seed Fund Scheme

Startups that meet the conditions of this scheme can get funds up to Rs 20 lakh for proof of concept or prototype development or validation of product trials.

  • Business loans up to Rs 50 lakh are available for market entry, commercialization, etc.

  • Startup India Seed Fund Scheme can be availed only by startups that are recognized by DPIIT.

  • Your startup should not be more than two years old at the time of applying to avail the benefits of the scheme.

  • Should not have taken funds of more than Rs 10 lakh for your startup from other startup schemes of the central or state government.

  • Indian promoters should not have less than 51 percent shareholding stake in the Startup at the time of applying to avail of the Startup India Seed Fund Scheme.

  • For more information about the scheme, you can visit the official website of the scheme And you can also apply from here.

4. MUDRA Scheme

If you want to start a small or big business of your own or want to expand your small business, then you can take a business loan from banks and non-banking finance companies (NBFCs) under the Mudra loan scheme.

Type Of MUDRA Scheme

There are three types of loans provided in this scheme.

  • Shishu Loan: Under the Shishu loan, any person can take a loan of up to Rs 50,000 to start his business.

  • Kishore Loan: Under the Kishore Loan, any person can take a loan of up to Rs 5 lakh to start his own business. This loan is given only to those people who want to expand the scope of their old business.

  • Tarun Loan: Under Tarun Loan, loans are given to those entrepreneurs whose business is wholly established but who want to expand their business further. Under the scheme, entrepreneurs can take loans up to Rs 10 lakh. On the loan taken under the Tarun loan, the entrepreneur will have to repay the loan amount with an interest rate of 8 percent per annum. The loan repayment period is up to 7 years.

To take a loan under this scheme, the entrepreneur should have all types of documents related to the business. After that, the entrepreneur can go to any bank branch and get the information related to this loan. (If you want to know how to become a successful businessman, then definitely read this article.)

Many banks also provide Mudra loan facilities at ATMs. But for this, you have to request. After that, the bank employee will call you himself.

To get more information about this scheme, you can visit the official website of the scheme at Not only this, you can also apply online through this website.


Here in this post, we add all related information about the government scheme for startups so if you are thinking to start a business then you should know about these schemes because these schemes can help you to get a loan for your business.

No comments:

Post a Comment

Popular Posts