Sarkari Yojana
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs
About Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs
Gujarat’s Industries and Mines Department designed “Dr.Babasaheb Ambedkar Udyog Uday Yojana” as an umbrella scheme to empower the state’s dynamic MSME sector, which drives a sizeable share of employment, GDP and exports. Running from August 7th, 2020 to August 6th, 2025, it extends support to SC/ST entrepreneurs and helps MSMEs gain global competitiveness. The “Assistance in Rent to MSEs” component offers financial help to Micro and Small Enterprises (MSEs) carrying out manufacturing from rented or leased sheds. Qualifying units can be reimbursed as much as 70% of the rent they pay, with a ceiling of ₹1,00,000/- per annum.
Scheme Overview
State Government
Business Entity
07 Aug 2020
Scheme Details
Eligibility Requirements
To qualify for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs, applicants must satisfy the following conditions:
The business has to be a Micro/Small/Medium enterprise…
The business has to be a Micro/Small/Medium enterprise operated by an SC/ST entrepreneur.
The applicant should be a Micro or Small…
The applicant should be a Micro or Small Enterprise (MSE) carrying out manufacturing activities.
Operations must be run from a shed that…
Operations must be run from a shed that is legally rented/leased.
The owner of that rented/leased shed must legally…
The owner of that rented/leased shed must legally own and possess the property.
The manufacturing unit should be drawing electricity/power for…
The manufacturing unit should be drawing electricity/power for its production activities.
Note:
SC/ST Enterprise: Enterprises with an SC/ST entrepreneur contribution of 51% or more are regarded as SC/ST Enterprises.
Benefits Provided
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs provides the following benefits to eligible applicants:
Quantum of Assistance
Quantum of Assistance: For 5 years, the enterprise is reimbursed 70 % of the rent it pays, subject to a cap of ₹1,00,000/- per annum.
Documents Required
Applicants should keep the following documents ready before starting the application:
Udyam/IEM/LOI Registration certificate (photocopy)
Udyam/IEM/LOI Registration certificate (photocopy).
Enterprise constitution document (photocopy)
Enterprise constitution document (photocopy).
Documents establishing SC/ST Enterprise status
Documents establishing SC/ST Enterprise status.
Certificate from a CA on fixed capital investment
Certificate from a CA on fixed capital investment.
Self-certified Share Holding Pattern (photocopy), if applicable
Self-certified Share Holding Pattern (photocopy), if applicable.
Rent/Lease agreement (photocopy)
Rent/Lease agreement (photocopy).
Receipt for rent paid (photocopy)
Receipt for rent paid (photocopy).
PAN Card of the Lessor (photocopy)
PAN Card of the Lessor (photocopy).
Property Document, Index or sale deed, along with…
Property Document, Index or sale deed, along with the project plan approved by the Competent Authority and other approvals (photocopies).
Electricity Bill (photocopy)
Electricity Bill (photocopy).
Undertaking regarding any assistance received from GOG and…
Undertaking regarding any assistance received from GOG and GOI.
PAN Cards of the Enterprise, its Promoters/Directors/Partners and…
PAN Cards of the Enterprise, its Promoters/Directors/Partners and the authorized person (photocopies).
GST registration (photocopy), if applicable
GST registration (photocopy), if applicable.
CA-certified Balance Sheet for the last financial Year…
CA-certified Balance Sheet for the last financial Year or Annual report (photocopy).
Bank Statement showing the rent payments (photocopy)
Bank Statement showing the rent payments (photocopy).
Cancelled cheque giving bank details for RTGS payment
Cancelled cheque giving bank details for RTGS payment.
Documents/details self-attested by the Authorized Person
Documents/details self-attested by the Authorized Person.
Board Resolution, Consent Letter or Power of Attorney…
Board Resolution, Consent Letter or Power of Attorney (photocopy).
A declaration that the rent Agreement is not…
A declaration that the rent Agreement is not between blood relations/family members.
Any other documents, if needed
Any other documents, if needed.
2020-08-07
How to Apply
Online Application
Applicants can apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs through the online application process outlined below.
Application Process
Registration Process:
Step-1: Reach the Investor Facilitation Portal (IFP) portal and click on the "New Investor Registration" option, which leads to the registration form.
Step-2: Put in the required information on the Registration Form and choose "Submit".
Step-3: Complete E-mail ID verification using the link that lands in your registered mailbox.
Step-4: Following verification, the registration will be successful.
Post-Registration Process:
Step-1: Come back to the Investor Facilitation Portal (IFP) portal and tap "Login".
Step-2: Sign in with the email address and password created when you registered.
Step-3: Press "Login" to get inside your account.
Step-4: Add the business details sought and upload all mandatory documents so the application is complete.
Helpdesk:
Contact
Exclusions / Who Is Not Eligible
- Enterprises engaged in service or trading activities are not eligible for assistance.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.