Investment Promotion Scheme (IPS) For Handicraft Artisans: Assistance For Capital Investment To Uplift The Economic Condition Of Artisans/ Persons

Description
The scheme “Assistance For Capital Investment To Uplift The Economic Condition Of Artisans/ Persons” is a sub scheme under the “Investment Promotion Scheme IPS ” for Handicraft Artisans. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027. Objective of the "Investment Promotion Scheme IPS ”: The scheme envisages to provide incentives and assistance to the MSME Sector in order to nurture them and protect them from market vagaries thereby making them vibrant and successful. therefore making the U.T. a Special Hub for the MSME sector; maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc. Objective of the "Assistance For Capital Investment To Uplift The Economic Condition Of Artisans/ Persons" Sub-scheme: Under this scheme, additional tools/equipment shall be provided to SC/ST/OBC/EWS communities to generate adequate income and self-employment. The persons engaged in 27 different activities, such as hawkers, vegetable vendors, carpenters etc. shall be provided financial assistance in the form of tools and equipment over and above the existing schemes.

Exclusions
• <br>

Benefits
• <br>
• Name of TradeApproximate Cost(₹)Senting work, Cobbler, Mobile repairing10,000/-Different types of Push Carts, Plumber, Beauty Parlour, Repairing of electrical appliances, Welding Work, Carpentry, Laundry services, Broom maker, Milk-Curd seller, Fish seller, Papad maker, Pickle maker, Hot cold beverages seller, Puncture kit, Flour mill, Masala mill, Hair cutting15,000/-Mason work, Vehicle service and repair, Cotton wick maker (Female SHGs member), 20,000/-Tailoring, Embroidery25,000/-Pottery work30,000/-Paper cup and dish maker (Female SHGs)50,000/-<br>

Eligibility Criteria
1. The applicant should be a Handloom and Handicrafts artisan.
2. The applicant should be a resident of the U.T. of Dadra and Nagar Haveli &amp;amp; Daman and Diu.
3. The applicant should be above 18 years of age.
4. The applicant should belong to the SC/ST/OBC/EWS communities.
5. The applicant should be engaged in 27 different activities, as mentioned in the [Official Guidelines](https://swp.dddgov.in/assets/pdf/Notification_IPS_2022_DNH_DD.pdf) (Refer page no. 47 &amp;amp; 48 of the document). 1. Applicant’s annual income should be upto ₹2,00,000/- for rural areas and upto ₹2,50,000/- in urban areas.

Required Documents
• Corporate Identification Number (CIN) Document.
• Taxpayer Identification Number (TIN) Document.
• Permanent Account Number (PAN) Document.*
• Goods and Services Tax Number (GST) Document.
• Other Registrations Document.
• Copy of Udyam Registration /Industrial Entrepreneur Memorandum, as applicable.
• Copy of Partnership Deed and Firm Registration Certificate in case of partnership concern or Memorandum & Articles of Association and Date of Incorporation Certificate in case of Public/Private Limited companies.
• Copy of land purchase deed duly signed by the applicant (If the Enterprise is functioning in its own land).
• Copy of registered lease agreement for a minimum period of 5 years from the date of commencement of commercial production (If the Enterprise is functioning in a leased land/ building).
• Copy of sanction order from Electricity Department for power supply with copy of the latest bill.
• Authorization letter.
• Copy of Consent to Operate / Renewal from PCC, DNH & DD (as applicable for Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021).
• Copy of Factory licensee.
• Undertaking.
• Any other documents as required.

Frequently Asked Questions
Q: What kind of financial assistance is provided under this scheme?
A: Financial assistance is provided in the form of tools and equipment necessary for the respective activities.

Q: How does this scheme differ from existing schemes?
A: This scheme offers tools and equipment over and above what is provided by existing schemes.

Q: What are the 27 activities covered under this scheme?
A: The scheme covers a variety of activities including hawking, vegetable vending, carpentry, and more. For a detailed list, please refer to the official documentation.

Q: Is there any age limit for applying?
A: Yes, the applicant must be above 18 years of age.

Q: What documents are required for application?
A: The specific documents required may vary, but generally include proof of identity, proof of income, and proof of engagement in one of the 27 activities.

Q: Who is responsible for scrutinizing the applications under the scheme?
A: A committee consisting of the GM (DIC), Director (Tourism), CEO (District Panchayat), CO (Municipal Councils), and Director (Social Welfare) is responsible for scrutinizing the applications.

Q: To whom does the committee submit their recommendations?
A: The committee submits their recommendations to the Secretary (Industries).

Q: What criteria does the committee use to assess applications?
A: The committee assesses applications based on their eligibility under the scheme's guidelines.

Q: Who makes the final decision on the applications?
A: The final decision on the applications is made by the Secretary (Industries) based on the recommendations submitted by the committee.