Central GovernmentVerified
Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance to MSEs for Shed Developed by Private Developer
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
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 to MSEs for Shed Developed by Private Developer" provides SC/ST entrepreneurs for acquiring industrial sheds in mini estates developed by private developers. It encourages industrial growth by offering support for land, building, and infrastructure costs.
Benefits
- Financial Assistance: Private developers receive an additional 15% assistance on the total cost of the shed.
- Government Support: SC/ST entrepreneurs need to pay only 30% of the shed price, after which possession is handed over, and developers can claim assistance.
- Subsidized Costs: The government disburses 35% of the shed cost after the sale and the remaining amount after production begins.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Business registration documents (MSME/Udyam Registration)
- ✦Bank account details
- ✦Proof of payment (30% of allotment price)
- ✦Business plan and proposed activities in the shed
- ✦Any other documents if required.
✦ Required ◦ Optional
How to Apply
OOnline
Quick Info
- Level
- Central Government
- Launched
- 7 Aug 2020