About this business scheme
The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" aims to support SC/ST entrepreneurs and strengthen MSMEs, making them globally competitive.
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 for Technology Acquisition" supports enterprises in acquiring appropriate technology for their product or process, covering up to 70% of the cost including royalty payments for the first 2 years.
Benefits at a glance
| Scheme name | Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Technology Acquisition (BAUUYATA) |
|---|---|
| Launched by | Industries and Mines Department |
| Launch year | 2020 |
| Benefit type | Cash (money paid to your bank account) |
| Category | Business |
| Level / State | State · Gujarat |
| Official portal | ifp.gujarat.gov.in (link at the end of this page) |
Key facts
| Scheme for | Infra |
|---|---|
| Application mode | Online |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | No |
Who can apply (quick check)
- 👤All genders
- 🏷️SC / ST
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Financial Assistance: Covers 70% of the cost of technology acquisition, up to Rs. 50,00,000/-.
Who qualifies
- The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.
- New and existing enterprises engaged in manufacturing or process improvement.
- The enterprise must acquire technology from a recognized institution.
- The technology must be relevant to the product or process of the enterprise.
- The MoU/Agreement/Contract must be signed within one year.
- The enterprise must obtain prior approval from the MSME Commissionerate.
Note:
- SC/ST Enterprise: SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more.
Who is not eligible
- Assistance will not be eligible for purchase of any plant and machinery or equipment.
Papers to keep ready
- Copy of Udyam/IEM/LOI Registration certificate.
- Constitution of Enterprise (Memorandum of association, partnership deed, etc).
- Power of attorney / Board Resolution of Authorized Signatory/consent letter.
- Copy of signed & stamped MOU/Agreement/Contract regarding technology acquisition.
- Patent certificate of technology (if applicable).
- CA certificate regarding fixed capital investment.
- Copy of bills of expenditure incurred.
- Copy of the highlighted bank statement.
- Copy of self-certified shareholding pattern (if applicable).
- Brief description of technology with notes on benefits, outcome/result after adoption of technology on letterhead.
- Audited report with balance sheet/Annual Audit Report (latest, if applicable).
- Project report/Technical Presentation regarding technology.
- Term loan detail as per bank sanction letter (if applicable).
- PAN card of enterprise, promoters/directors/partners, and authorized signatory.
- GST registration certificate (if applicable).
- Technology provider report.
- GPCB consent (if applicable).
- Proposed cost of project and means of finance for technology to be acquired.
- Supporting documents for SC/ST enterprise.
Registration walkthrough
Online
Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP) 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 Investor Facilitation Portal (IFP) 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: Contact
Important dates
| Launch / start | 07 Aug 2020 |
|---|
Terms used in this scheme
- Micro, Small and Medium Enterprise
An Enterprise which satisfies the conditions of Micro, Small and Medium Enterprises as per the definition under the MSME Development Act, 2006 and subsequently amended from time to time by Government of India and has obtained acknowledgement of “Udyog Aadhaar Memorandum / Udyam Registration.
- New Enterprise
New Enterprise means MSME, which has filled Udyog Aadhar / Udyam Registration as prescribed by the Government of India and commences commercial production during the operative period of the scheme.
- Existing Enterprise
An Existing Enterprise means MSME which has commenced commercial production before the date of announcement of the scheme.
- Expansion
Expansion means where an existing/New Enterprise increases its investment in gross fixed capital by at least 50% (out of which at least 60% of investment is made in plant and machinery for which expansion is carried out) of its existing gross fixed capital investment on the date of initiating expansion and compared with the date of commencing production during the operative period of the scheme.
- Gross Fixed Capital Investment (GFCI)
Gross Fixed Capital Investment means the investment made in building, plant and machinery, utilities, tools and equipment, and other assets (excluding Land) to manufacture the end product.
- Forward integration, Backward Integration and Diversification
- Forward Integration: An Investment made in GFCI for the product which is raw material of the enterprise will be termed as backward integration.
- Backward Integration: An Investment made in GECI for the further value addition in the end product of the enterprise will be termed as forward integration.
- Diversification: An investment made in GFCI for the product other than the end product of the enterprise will be termed as diversification.
- Term Loan
Term loan means loan sanctioned by the financial institution / Bank (Except NBFC) for the acquisition of GFCI of the enterprise. However, only the amount actually disbursed against the sanctioned will be considered for the incentives under the scheme.
- Pipeline Enterprises
The Enterprises which have obtained first disbursement of term loan as effective step and could not start commercial production on or before 07/08/2020, shall be considered eligible as pipeline enterprise for incentive under previous scheme. Such enterprise should commence commercial production on or before 31/03/2021.However the enterprise which has obtained first disbursement on or before 07/08/2020 may opt for new scheme. Term Loan disbursement made during the policy period will be eligible for the enterprise which has opted for this scheme.
Frequently asked questions
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 primary objective of the "Assistance for Technology Acquisition" scheme-component?
The scheme-component aims to support enterprises by providing financial assistance for acquiring appropriate technology to enhance their products or processes.
Who is eligible to apply for the Assistance for Technology Acquisition scheme?
Any new or existing enterprise engaged in manufacturing or process improvement is eligible to apply for the scheme.
What percentage of the technology acquisition cost does the scheme cover?
The scheme covers 70% of the total cost of technology acquisition, subject to a maximum of Rs. 50 lakh.
Does the scheme provide financial assistance for royalty payments?
Yes, the scheme includes assistance for royalty payments for the first two years.
Can an enterprise use the scheme to purchase machinery or equipment?
No, the scheme does not provide assistance for the purchase of plant, machinery, or equipment.
What is the time limit for signing an MoU, agreement, or contract with a technology provider?
The enterprise must sign an MoU, agreement, or contract within one year of receiving approval.
Is prior approval from the MSME Commissionerate required before applying?
Yes, enterprises must obtain prior approval from the MSME Commissionerate before applying for the scheme.
Are service-based businesses eligible to apply for this scheme?
No, the scheme is only applicable to manufacturing and process improvement enterprises.
Can an enterprise acquire technology from a foreign company under this scheme?
Yes, the scheme allows enterprises to acquire patented technology from both Indian and foreign companies.
What happens if an enterprise fails to sign an agreement within one year?
If an enterprise fails to sign the agreement within one year, it will not be eligible for assistance under the scheme.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines ic.gujarat.gov.in (PDF)
- Online Application Portal ifp.gujarat.gov.in
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
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