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

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 to GIDC for Developing Multi-Storied Shed in Estates" provides assistance for constructing multi-storied industrial sheds to support SC/ST entrepreneurs. BENEFITS Financial Assistance: 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 The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur. The applicant must apply for a shed in a Gujarat Industrial Development Corporation (GIDC) multi-storied complex. The enterprise should be engaged in manufacturing or service activities (trading activities are not eligible). The business must commence production within the time limit fixed by GIDC. Note: SC/ST Enterprise: SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more. Exclusions Trading activity will not be eligible under the scheme. The service activities as decided by SLEC will only be eligible under this scheme.