The scheme “Dr.Babasaheb Ambedkar Udyog Uday Yojana” aims to empower MSMEs in Gujarat. The “Assistance for Interest Subsidy (Manufacturing Sector)” component provides relief through interest subsidies on term loans for enterprises run by SC/ST entrepreneurs.

Benefits

• Category I Taluka: 8% subsidy, max ₹35 Lakh/annum for 7 years.
• Category II Taluka: 7% subsidy, max ₹30 Lakh/annum for 6 years.
• Category III & Municipal Areas: 6% subsidy, max ₹25 Lakh/annum for 5 years.

Eligibility

• Micro/Small/Medium enterprise run by SC/ST (51% ownership).
• Must be a manufacturing enterprise.
• Loan from recognized bank sanctioned before commercial production.
• Enterprise must bear minimum 2% interest.

Application Process

Online via Investor Facilitation Portal (IFP): https://ifp.gujarat.gov.in/DIGIGOV/. Register, verify email, login, and complete application.

Documents Required

• Udyam Registration
• Term loan sanction letter and disbursement certificate
• Constitution documents (e.g., Partnership Deed)
• Detailed Project Report (DPR)
• GST registration and PAN card
• Caste certificate
• Land/Property documents (7/12 Utara, etc.)
• Audited balance sheets (for existing units)