India is the third largest start-up ecosystem in the world after the US and China. The Government of India has introduced multiple loan schemes to help more start-ups and support existing start-ups. These are the top 10 Startup Business Schemes of the Government of India.

1. Pradhan Mantri Mudra Yojana

Launched in 2015, the Pradhan Mantri Mudra Yojana (PMMY) provides loans of up to Rs 10 lakh to small enterprises. These loans are categorized as MUDRA (Micro Units Development & Refinance Agency) loans under PMMY. The loans are provided by commercial banks, RRBs (Regional Rural Banks), small finance banks, MFIs (Micro Finance Institutions) and NBFCs (Non-Banking Financial Companies).

2. Stand Up India Scheme is an initiative of the Government of India launched in 2016. The loans range from Rs 10 lakh to Rs one crore. The scheme is targeted at SC / ST or women entrepreneurs in manufacturing, service and trade sectors. Only greenfield enterprises are eligible to take advantage of this scheme.

3.K Credit Guarantee Fund Scheme

Launched in 2000, the Credit Guarantee Fund Scheme (CGMSE) provides collateral-free loans to the small enterprise sector. The Ministry of MSME and Small Industries Development Bank of India (SIDBI) have set up a trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises.

4. Small Industries Development Bank of India (SIDBI), established in 1990, is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India. SIDBI works towards providing refinance facilities to banks and financial institutions, providing term lending and working capital in the industrial sector and acting as the lead financial institution in the MSME sector.

Udhyogini

Udyogini is a women-centric business loan scheme implemented by the Women's Development Corporation for the welfare and development of Indian women entrepreneurs. Under this scheme, interest-free loans are provided to women belonging to all sections of the society without any discrimination. Karnataka State Women's Development Corporation (KSWDC), Punjab & Sind Bank, Saraswat Bank and many other private and public sector banks and leading NBFCs
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6.Care Udyami Yojana (CUY)

Launched in 2014, the Coir Udyami Yojana (CUY) is a credit-linked subsidy scheme that helps entrepreneurs set up coir manufacturing units in India. The maximum amount available under this scheme is Rs 10,00,000 plus working capital, which should not exceed 25% of the project cost.

7.Bank Credit Facilitation Scheme

Launched in 2014, the Bank Credit Facilitation Scheme provides financial support to micro, small and medium enterprises through loans and assistance for documentation, filing and submission of proposals to financial institutions. It also helps businesses to get loans at competitive interest rates.

8.Sustainable Financial Plan

The Sustainable Finance Scheme launched by SIDBI aims to make funds available for developing projects that will help in energy efficiency and clean manufacturing. The prominent projects that will be granted business loans under this scheme are eco-friendly labelling, green buildings, green microfinance, Bureau of Energy Efficiency (BEE) star rating and renewable energy projects.

9.k credit linked capital subsidy scheme

Launched in 2000, the Credit Linked Capital Subsidy Scheme is a financial scheme aimed at the growth and development of technology in small scale industries in rural and urban areas of the country. It provides 15% capital subsidy on investment up to Rs 1 crore in eligible plants and machinery. Some of the key sectors covered under this scheme include drugs and pharmaceuticals, biotech industry, food processing, cosmetics, and khadi and village industries.

10.National Bank for Agriculture and Rural Development (NABARD)

National Bank for Agriculture and Rural Development (NABARD), established in 1982, is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India. It has been instrumental in laying the foundation of rural social innovations and social enterprises in rural areas of the country.