RAS question
Which sectors are covered under Stand Up India for greenfield enterprises?
Correct answer: (B) Manufacturing, services, trading, and agri-allied.
Stand-Up India covers greenfield enterprises in manufacturing, services, trading, and agri-allied activities.
Explanation
Stand-Up India is not limited to one narrow business category. Its official scheme features say the loan is meant for setting up a greenfield enterprise, and that the enterprise may be in manufacturing, services, agri-allied activities, or the trading sector. The same page explains that, in this context, a greenfield project means the beneficiary's first-time venture in one of these sectors. That is why the inclusive option is the right answer: it captures all four permitted areas instead of reducing the scheme to manufacturing, services, IT, or agriculture alone.
Why the other options are wrong
- (A) Manufacturing is covered, but the scheme also covers services, trading, and agri-allied activities, so this option is too narrow.
- (C) Services are covered, but the official scheme text does not restrict greenfield enterprises to IT and services.
- (D) Agriculture-allied activities are covered, but agriculture alone does not capture the full sectoral scope of the scheme.
Concept
This tests government credit schemes and the sectoral scope of entrepreneurship support. RAS often asks such details because a single restrictive word like 'only' can change the answer in economy schemes.