PM Modi launches 'Stand up India': As it happened

New Delhi: In yet another policy initiative to promote entrepreneurship, PM Narendra Modi on Tuesday launched the 'Stand up India scheme' in UP's Noida.

Here are the LIVE updates:-

- There were few autowalas who did not own their own rickshaws and half of what they earn were spend on rent: PM Modi.

- E-rickshaws will be given to those who do not own rickshaws. Beneficiaries of this will be the poor: PM.

- There were few autowalas who did not own their own rickshaws and half of what they earn were spend on rent: PM Modi.

-  This scheme is going to transform the lives of people from Dalit and Tribal communities: PM

- The job seeker has to become a job creator: PM 

- 'Stand up India' aims to empower every Indian and enable them to stand on their own feet: PM

The job seeker has to become a job creator: PM @narendramodi on the importance of 'Stand up India' scheme https://t.co/Iy8hu3Nre5 — PMO India (@PMOIndia) April 5, 2016

'Stand up India' aims to empower every Indian and enable them to stand on their own feet: PM @narendramodi https://t.co/Iy8hu3vQmx — PMO India (@PMOIndia) April 5, 2016

- Today, we pay tributes to Babu Jagjivan Ram, who served the nation for years: PM 

Babu Jagjivan Ram made India very proud. Today on his birth anniversary 'Stand up India' is being launched: PM @narendramodi — PMO India (@PMOIndia) April 5, 2016

As agriculture minister Babu Jagjivan Ram did a lot to usher the green revolution. In 1971 he was the defence minister: PM @narendramodi — PMO India (@PMOIndia) April 5, 2016

Whatever one's party is, we have to remember those who have lived for the nation: PM @narendramodi pays tributes to Babu Jagjivan Ram — PMO India (@PMOIndia) April 5, 2016

- PM Modi lauds the spirit of enterprise of  Dalit Indian Chamber of Commerce & Industry (DICCI) while commencing his speech at 'Stand up India' launch programme. 

- BJP's 17 Dalit MPs are present at the dais 

- PM Modi addresses the gathering at  'Stand up India' launch programme

- PM Modi launches 'Stand up India' scheme 

- UP Governor Ram Naik is also present at the occasion

- Union Finance Minister Arun Jaitley begins his address

- PM Modi books e-rickshaw through app

- PM Modi holds ' Chai pe charcha' with e-rickshaw beneficiaries; he will distribute 5100 e-rickshaws to them

- PM Modi reaches Noida to launch 'Stand up India' scheme 

The launching of  'Stand up India scheme' will take place at Noida's Sec-62. A web portal for the scheme will also be launched by the PM.

Today the 'Stand up India' initiative will be launched. This initiative will promote entrepreneurship among women, SC & ST communities. — Narendra Modi (@narendramodi) April 5, 2016

Moreover, the PM will flag-off 5100 e-rickshaws on the occasion. 

He will interact with the beneficiaries, besides inaugurating a Kaushal Vikas Kendra (Skilling Centre).

Will also flag-off 5100 e-rickshaws under MUDRA Yojana & interact with beneficiaries, besides inaugurating a Kaushal Vikas Kendra in Noida. — Narendra Modi (@narendramodi) April 5, 2016

The programme will be attended by UP's Governor, Union Finance Minister, Union Minister for Culture and Tourism and Union Minister of State for Finance among others.

What's 'Stand up India' scheme?

- The “Stand up India Scheme” is being launched now to promote entrepreneurship among Scheduled Caste/Schedule Tribe and Women for loans in the range of Rs. 10 Lakhs to Rs. 100 Lakhs. 

- The Scheme is expected to benefit large number of such entrepreneurs, as it is intended to facilitate at least two such projects per bank branch (Scheduled Commercial Bank) on an average one for each category of entrepreneur.