Sarkari Yojana
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance of Capital Investment Subsidy
About Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance of Capital Investment Subsidy
Set up by the Industries and Mines Department, Gujarat, “Dr.Babasaheb Ambedkar Udyog Uday Yojana” acts as an umbrella scheme for empowering the state’s vibrant MSME sector, which is a major contributor to employment, GDP and exports. Applicable from August 7th, 2020 to August 6th, 2025, the scheme helps SC/ST entrepreneurs and makes MSMEs more competitive worldwide. The “Assistance of Capital Investment Subsidy to Micro enterprises” component extends a capital investment subsidy to micro-enterprises engaged in manufacturing.
Scheme Overview
State Government
Business Entity
07 Aug 2020
Scheme Details
Eligibility Requirements
To qualify for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance of Capital Investment Subsidy, applicants must satisfy the following conditions:
The firm needs to be a Micro/Small/Medium enterprise…
The firm needs to be a Micro/Small/Medium enterprise managed by an SC/ST entrepreneur.
It has to be a manufacturing enterprise
It has to be a manufacturing enterprise.
The online application must be filed within one…
The online application must be filed within one (1) year from the later of the first loan disbursement date, the date commercial production began, or the GR issue date, and in any case before the scheme's last operative date.
Sanction of the term loan must precede the…
Sanction of the term loan must precede the start of commercial production.
Commercial production must already have begun to claim…
Commercial production must already have begun to claim the subsidy.
Where a Central Government subsidy is also being…
Where a Central Government subsidy is also being taken, the State and Central subsidies together must not go beyond the total loan amount disbursed. Note:
SC/ST Enterprise
SC/ST Enterprise: An enterprise is called an SC/ST Enterprise when an SC/ST entrepreneur's contribution in it is 51% or more.
Benefits Provided
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance of Capital Investment Subsidy provides the following benefits to eligible applicants:
Financial Assistance: The subsidy is linked to the taluka category in which the enterprise is set up:
Category of Taluka:
Category 1 | Quantum of Incentive: 30% of the term loan amount, up to ₹40,00,000/-; an additional 10,00,000/- is given if the Eligible FCI is over 10,00,00,000/-.
Category of Taluka:
Category 2 | Quantum of Incentive: 25% of the term loan amount, up to ₹35,00,000/-; an additional 7,50,000/- is given if the Eligible FCI is over 10,00,00,000/-.
Category of Taluka:
Category 3 & Municipal Corporation Areas | Quantum of Incentive: 15% of the term loan amount, up to ₹15,00,000/-; an additional 5,00,000/- is given if the Eligible FCI is over 10,00,00,000/-.
Documents Required
Applicants should keep the following documents ready before starting the application:
Hard copy of the filled application, whose declaration…
Hard copy of the filled application, whose declaration and undertaking carry the signature, name and designation of an authorized person and the stamp of the enterprise.
Udyog Aadhaar / Udyam Registration acknowledgment, photocopied
Udyog Aadhaar / Udyam Registration acknowledgment, photocopied.
Term loan sanction letter, photocopied
Term loan sanction letter, photocopied.
Term loan account statement or the bank's certificate…
Term loan account statement or the bank's certificate of first disbursement, photocopied.
Constitution of the enterprise, photocopied (partnership firms should…
Constitution of the enterprise, photocopied (partnership firms should give the registered partnership deed).
DPR of the enterprise, photocopied, for projects worth…
DPR of the enterprise, photocopied, for projects worth up to ₹5 crores; projects above ₹5 crores will be asked by the DIC to produce a bank appraisal report.
Shop & Establishment Certificate in the case of…
Shop & Establishment Certificate in the case of service sector enterprises in municipal corporations.
GST registration, photocopied, where it applies
GST registration, photocopied, where it applies.
PAN card of the enterprise, photocopied
PAN card of the enterprise, photocopied.
ITR filed for the last financial year with…
ITR filed for the last financial year with the value of plant & machinery, photocopied; new enterprises applying the first time should give a self-declaration.
Birth certificate or school leaving certificate, photocopied, if…
Birth certificate or school leaving certificate, photocopied, if the entrepreneur was under 35 years on the date of the bank's loan sanction.
Caste certificate issued by a competent authority, photocopied
Caste certificate issued by a competent authority, photocopied.
Certificate for differently abled persons issued by a…
Certificate for differently abled persons issued by a competent authority, photocopied.
CTE from the GPCB, photocopied, where it applies
CTE from the GPCB, photocopied, where it applies.
One self-certified/certified land document, such as 7/12 Utara,…
One self-certified/certified land document, such as 7/12 Utara, Namuna 6, a copy of index or a property card.
NA permission where it applies
NA permission where it applies.
Notarized rent deed (agreement), photocopied, accompanied by the…
Notarized rent deed (agreement), photocopied, accompanied by the owner's ownership proof/affidavit for the land/property.
Lease deed (agreement), photocopied, accompanied by the owner's…
Lease deed (agreement), photocopied, accompanied by the owner's proof of ownership of the land/property.
Property tax receipt, photocopied, for service activities
Property tax receipt, photocopied, for service activities.
Board resolution on signing authority for partnerships, LLPs,…
Board resolution on signing authority for partnerships, LLPs, Pvt. Ltd. or Limited Companies.
Declaration and undertaking on other investments in Gujarat
Declaration and undertaking on other investments in Gujarat.
Annexure to the balance sheet giving the previous…
Annexure to the balance sheet giving the previous financial year's gross fixed capital investment.
CA certificate of gross fixed capital investment as…
CA certificate of gross fixed capital investment as it stood before expansion/diversification/forward or backward integration started.
2020-08-07
How to Apply
Online Application
Applicants can apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance of Capital Investment Subsidy through the online application process outlined below.
Application Process
Registration Process:
Step-1: First, visit the Investor Facilitation Portal (IFP) portal and click "New Investor Registration" so the registration form appears.
Step-2: Fill the Registration Form carefully and submit it by clicking "Submit".
Step-3: Activate your account by verifying the E-mail ID through the link sent to it.
Step-4: Registration is successful once the verification step is cleared.
Post-Registration Process:
Step-1: Open the Investor Facilitation Portal (IFP) portal and go to "Login".
Step-2: Supply your registered email address and the password set at registration.
Step-3: Enter your account with a click on the "Login" button.
Step-4: Proceed to provide your business details and the mandatory documents, finishing the application process.
Helpdesk:
Contact Here.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.