For what purpose, the Stand Up India Scheme has been launched?

to promote entrepreneurship among SC/ST and Women
Recently, the Union Government has launched the Stand Up India Scheme to promote entrepreneurship among SC/ST and women entrepreneurs through banks. In it, every bank branch, including private sector, has to provide credit facilities to at least one SC/ST and one women entrepreneur at lower rates. Under the scheme, the loans are for greenfield enterprises in the non-farm sector and will range between Rs 1 lakh and Rs 1 crore. These bank loans would be repayable up to 7 years. The scheme will be a refinance window through Small Industries Development Bank of India (SIDBI) with an initial amount of Rs.10,000 crore.