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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.

Start date7 Aug 2020

Last verifiedToday

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About This 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

₹1.0 L · annual

Quantum of Assistance: 70 % of rent paid by the enterprise with a maximum limit of ₹1,00,000/- per annum for 5 years.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Copy of Udyam/IEM/LOI Registration certificate.
✦
Copy of the Constitution of the enterprise.
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Supporting documents for SC/ST Enterprise.
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CA certificate for fixed capital investment.
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Copy of Self Certified Share Holding Pattern (If applicable).
✦
Copy of rent / Leased agreement.
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Copy of Rent Receipt.
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Copy of Lessor’s PAN Card.
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Copy of Property Document/ Copy of Index/Copy of sale deed and Copy of the approved plan for the project from Competent Authority/other approvals.
✦
Copy of Electricity Bill.
✦
Undertaking for any assistances from GOG and GOI.
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Copy of PAN Card of Enterprise, Promoters/Directors/Partners, authorized person.
✦
Copy of GST registration. (if applicable).
✦
Copy of CA Certified Balance Sheet of the last financial Year/Annual report.
✦
Copy of Bank Statement reflecting payment of Rent.
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Bank details for RTGS payment (Cancelled cheque).
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Self-Attested documents/ details to be submitted by the Authorized Person.
✦
Copy of Board Resolution/Consent Letter/Power of Attorney.
✦
Declaration for rent Agreement is not between Blood relation/ family member.
✦
Other Documents (if any).

✦ Required ◦ Optional

How to Apply

OOnline

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

Quick Info

Level: Central Government
Max benefit: ₹1.0 L
Launched: 7 Aug 2020