Dr.Babasaheb Ambedkar Udyog Uday Yojana: Financial Support to MSMEs in ZED Certification
At a Glance
Scheme Category
Business & Entrepreneurship,Setting up / start-up / entrepreneurship
Target Beneficiaries
Business Entity,Industries
Brief Description
The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" aims to support SC/ST entrepreneurs and strengthen MSMEs, making them globally competitive.
Benefit Type
Cash
Eligibility Criteria
- The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.The enterprise must be a manufacturing enterprise. - The enterprise should be involved in manufacturing activities. - The MSME should apply for ZED certification under the official program. - The enterprise must not have availed full financial support from any other government scheme for the same certification. - The MSME should comply with environmental and quality norms as per ZED standards.
Application Mode
Online
Application Process
> Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> 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. > Post-Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> 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. > Helpdesk: <nis:link nis:type=webUrl nis:id=slugId nis:text="**Contact**" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/IFP-pages/contact.jsp?pagedisp=static nis:enabled=true/>
Required Documents
- Copy of Udyam/IEM/LOI Registration Certificate. Copy of the Constitution of the Enterprise. CA Certificate for Fixed Capital Investment. Copy of Self-Certified Shareholding Pattern (if applicable). Copy of ZED Certification. CA-Certified Detailed Expenditure Statement for Obtaining ZED Certification. Undertaking for Any Assistance from GoG and GoI. Copy of the Bill of Expenditure Incurred. Copy of the Highlighted Bank Statement. Copy of GPCB Approved NOC/Consent & Other Department Approvals (if applicable). Copy of PAN Card of the Enterprise, Promoters/Partners/Directors, and Authorized Signatory. Copy of GST Registration (if applicable). Copy of CA-Certified Balance Sheet of the Last Financial Year/Annual Audit Report. Copy of the Last Electricity Bill. Copy of Testing Equipment Purchased Booklet (if applicable). Self-Attested Documents/Details Submitted by the Authorized Person. Power of Attorney/Board Resolution Letter/Consent Letter.
FAQs
What is the "Dr. Babasaheb Ambedkar Udyog Uday Yojana"?
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.
What sectors are prioritized under the Industrial Policy 2020?
The policy prioritizes industries such as Auto and Auto Components, Chemicals and Petrochemicals, Pharmaceuticals, Cement, Textiles, Engineering, Gems and Jewellery, and Ceramics.
How does the scheme promote export competitiveness?
The scheme emphasizes "Vocal for Local to become Global," strengthening integrated value chains and encouraging MSMEs to enhance their export potential.
What is the duration of the scheme?
The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.
What is the objective of the "Financial Support to MSMEs in ZED Certification" component?
The objective of the scheme is to promote Zero Defect and Zero Effect (ZED) manufacturing by encouraging MSMEs to adopt high-quality, energy-efficient, and environmentally friendly production practices.
Who is eligible to apply for financial assistance under this scheme?
Any MSME that is registered under the Udyam Registration system and engaged in manufacturing activities is eligible to apply for financial assistance under this scheme.
What is the maximum financial support that an MSME can receive under this scheme?
An MSME can receive a subsidy of up to ₹50,000/-, covering 50% of ZED certification charges after deducting assistance received from the Government of India.
How can an MSME apply for the ZED Certification scheme?
An MSME can apply online through the official ZED Certification portal by registering, filling out the application form, submitting the required documents, and undergoing the ZED assessment process.
What documents are required for an MSME to apply for the scheme?
The required documents include the MSME registration certificate, GST certificate, Udyam Registration Number, PAN card, bank account details, and proof of payment for ZED certification.
Can service-based MSMEs apply for financial assistance under this scheme?
No, only MSMEs engaged in manufacturing activities are eligible to apply for financial assistance under this scheme.
Is prior ZED certification mandatory before applying for financial support?
No, an MSME does not need prior ZED certification; however, it must complete the ZED assessment process to be eligible for financial support.
Can an MSME apply for financial assistance if it has already received a subsidy from another government scheme?
An MSME is ineligible if it has already received full financial support for ZED certification from another government scheme.
How long does the ZED certification process take?
The duration of the ZED certification process varies but typically takes a few weeks, depending on the assessment and verification procedures.
What benefits does an MSME gain from obtaining ZED certification?
By obtaining ZED certification, an MSME can improve product quality, enhance brand credibility, adopt energy-efficient processes, reduce environmental impact, and increase global competitiveness.
How will the subsidy be provided to an MSME under this scheme?
The subsidy amount will be directly transferred to the MSME’s registered bank account after successful verification of documents and compliance with scheme requirements.
Can a newly established MSME apply for ZED certification and financial support?
Yes, a newly established MSME can apply for ZED certification and financial support if it is involved in manufacturing and meets the eligibility criteria.