Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance in Rent to MSEs

DETAILS 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 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. Exclusions Enterprises engaged in service or trading activities are not eligible for assistance.