BAUUYCIS

Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance of Capital Investment Subsidy

The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" aims to support SC/ST entrepreneurs and strengthen MSMEs, making them globally competitive.

State Cash

States / UT: Gujarat

Nodal department: Industries and Mines Department

Scheme for: Infra

Scheme profile

DBT (direct benefit transfer): No

Scheme open date: 2020-08-07

Categories: Business & Entrepreneurship

Sub-categories: Setting up / start-up / entrepreneurship

Target beneficiaries: Business Entity, Industries

Tags: Business, Entrepreneurship, MSMEs, Start Up, Scheduled Caste, Scheduled Tribe

Details

The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from August 7th, 2020 to August 6th, 2025, this initiative supports SC/ST entrepreneurs and strengthens MSMEs, making them globally competitive.
The component "Assistance of Capital Investment Subsidy to Micro enterprises" provides a capital investment subsidy to support micro-enterprises in manufacturing.

Benefits

  • Financial Assistance: Category of Taluka Quantum of Incentive Category 130% of term loan amount upto ₹40 00 000/-; If the Eligible FCI is over 10 00 00 000/-
  • additional 10 00 000/- will be given.Category 225% of term loan amount upto ₹35 00 000/-; If the Eligible FCI is over 10 00 00 000/-
  • additional 7 50 000/- will be given.Category 3 & Municipal Corporation Areas15% of term loan amount upto ₹15 00 000/-; If the Eligible FCI is over 10 00 00 000/-
  • additional 5 00 000/- will be given

Financial Assistance:

Category of Taluka****Quantum of Incentive Category 130% of term loan amount upto ₹40,00,000/-; If the Eligible FCI is over 10,00,00,000/-, additional 10,00,000/- will be given.Category 225% of term loan amount upto ₹35,00,000/-; If the Eligible FCI is over 10,00,00,000/-, additional 7,50,000/- will be given.Category 3 & Municipal Corporation Areas15% of term loan amount upto ₹15,00,000/-; If the Eligible FCI is over 10,00,00,000/-, additional 5,00,000/- will be given.

Eligibility

  • The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.
  • The enterprise must be a manufacturing enterprise.
  • Applications must be submitted online within one (1) year of the first loan disbursement date, the date of commercial production commencement, or the GR issue date, whichever is later, and before the scheme's last operative date.
  • The term loan should be sanctioned before the commencement of commercial production.
  • The enterprise must have started commercial production to avail of the subsidy.
  • If availing of a Central Government subsidy, the combined subsidy from the State and Central Governments should not exceed the total loan amount disbursed.

Note:

  • SC/ST Enterprise: SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more.

Exclusions


Application Process

Online

Registration Process:

Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form.
Step-2: Fill in the Registration Form. Click on "Submit".
Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step-4: After verification, you will be registered successfully.

Post-Registration Process:

Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "Login".
Step-2: Enter the email address and password you used during registration.
Step-3: Click the "Login" button to access your account.
Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.

Helpdesk: Contact Here.

Documents Required

No document list is available for this scheme yet.

Definitions

  • Micro, Small and Medium Enterprise
  • New Enterprise
  • Existing Enterprise
  • Expansion
  • Gross Fixed Capital Investment (GFCI)
  • Forward integration, Backward Integration and Diversification
  • Term Loan
  • Pipeline Enterprises

References

Apply

Apply now

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status