Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs
The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" aims to support SC/ST entrepreneurs and strengthen MSMEs, making them globally competitive.
About the Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs Scheme
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 in Rent to MSEs" provides financial assistance to Micro and Small Enterprises (MSEs) engaged in manufacturing activities that operate from rented or leased sheds. Under this scheme, eligible enterprises can receive reimbursement of up to 70% of their rent, with a maximum limit of ₹1,00,000/- per annum.
Benefits
- Quantum of Assistance: 70 % of rent paid by the enterprise with a maximum limit of ₹1,00,000/- per annum for 5 years.
Eligibility Criteria
- The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.
- The applicant must be a Micro or Small Enterprise (MSE) engaged in manufacturing activities.
- The enterprise must be operating from a legally rented/leased shed.
- The rented/leased shed’s owner must have legal ownership and possession of the property.
- The manufacturing unit must be consuming electricity/power for production activities.
> Note:
- SC/ST Enterprise: SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more.
How to Apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs
Application mode: 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.
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> 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.
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> Helpdesk: Contact
Exclusions
- Enterprises engaged in service or trading activities are not eligible for assistance.
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Frequently Asked Questions
What is the Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs scheme?
The scheme &quot;Dr.Babasaheb Ambedkar Udyog Uday Yojana&quot; is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state&39;s dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effe…
Who is eligible for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs?
The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur. The applicant must be a Micro or Small Enterprise (MSE) engaged in manufacturing activities. The enterprise must be operating from a legally rented/leased shed. The rented/leased shed’s owner must have legal ownership and p…
What benefits does Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs provide?
Quantum of Assistance: 70 % of rent paid by the enterprise with a maximum limit of ₹1,00,000/- per annum for 5 years.
How can I apply for Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs?
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…
Source: official scheme details published on the Government of India's myScheme portal. Always verify eligibility and deadlines on the official portal before applying. Scheme rules can change.
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