Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance to GIDC for Developing Multi-Storied Shed in Estates

Description
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& 39;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 GIDC for Developing Multi-Storied Shed in Estates" provides assistance for constructing multi-storied industrial sheds to support SC/ST entrepreneurs.

Exclusions
• Trading activity will not be eligible under the scheme. The service activities as decided by SLEC will only be eligible under this scheme.

Definitions
Micro, Small and Medium Enterprise
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf)

New Enterprise
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf)

Existing Enterprise
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf)

Expansion
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf)

Gross Fixed Capital Investment (GFCI)
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf)

Forward integration, Backward Integration and Diversification
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf)

Term Loan
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf)

Pipeline Enterprises
(Source: https://ic.gujarat.gov.in/documents/commondoc/2020/2-GR_02092020.pdf)

Benefits
• SC/ST entrepreneurs can receive up to 70% of the allotment price as a subsidy.
• Entrepreneurs need to pay only 30% of the allotment price to take possession of the shed.

Eligibility Criteria
1. The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.
2. The applicant must apply for a shed in a Gujarat Industrial Development Corporation (GIDC) multi-storied complex.
3. The enterprise should be engaged in manufacturing or service activities (trading activities are not eligible).
4. The business must commence production within the time limit fixed by GIDC.
5. > **Note****:**
6. - **SC/ST Enterprise:** SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more.

Application Process
Step 1: 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 r…
Online

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.
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.

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.

Frequently Asked Questions
Q: What is the "Dr. Babasaheb Ambedkar Udyog Uday Yojana"?
A: It is a special scheme introduced under the Industrial Policy 2020 to provide financial assistance and support to Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs in the MSME sector.

Q: What sectors are prioritized under the Industrial Policy 2020?
A: The policy prioritizes industries such as Auto and Auto Components, Chemicals and Petrochemicals, Pharmaceuticals, Cement, Textiles, Engineering, Gems and Jewellery, and Ceramics.

Q: How does the scheme promote export competitiveness?
A: The scheme emphasizes "Vocal for Local to become Global," strengthening integrated value chains and encouraging MSMEs to enhance their export potential.

Q: What is the duration of the scheme?
A: The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.

Q: What is the objective of this component "Assistance to GIDC for Developing Multi-Storied Shed in Estates"?
A: The component "Assistance to GIDC for Developing Multi-Storied Shed in Estates" provides assistance for constructing multi-storied industrial sheds to support SC/ST entrepreneurs.

Q: Who is eligible to apply for this scheme?
A: SC/ST entrepreneurs who own Micro or Small Enterprises (MSEs) and wish to set up their business in a GIDC multi-storied shed complex are eligible to apply.

Q: What percentage of financial assistance is provided under this scheme?
A: Eligible enterprises can receive up to 70% of the allotment price as a subsidy.

Q: What is the procedure for acquiring a shed under this scheme?
A: The entrepreneur must pay 30% of the allotment price to take possession of the shed. After that, GIDC will submit a claim for the remaining 70% subsidy to the MSME Commissionerate.

Q: What type of businesses can apply for this scheme?
A: Only manufacturing and service sector enterprises are eligible under this scheme. Trading businesses are not permitted.

Q: Can an entrepreneur apply for more than one shed?
A: No, GIDC will allot only one shed per entrepreneur under this scheme.

Q: What infrastructure is provided in the allotted sheds?
A: The sheds will include electricity, water, drainage, sanitation, and lift facilities for material and manpower transport.

Q: Is there a deadline for starting production in the allotted shed?
A: Yes, the entrepreneur must commence production within the time period specified by GIDC.

Q: Who decides the allotment price of the shed?
A: GIDC determines the price and submits it for approval to the State-Level Empowered Committee (SLEC).

Q: When will the subsidy amount be disbursed?
A: The 70% subsidy will be released based on the availability of government grants.