BAUUYISMS
What this is
The scheme "Dr.Babasaheb Ambedkar Udyog Uday Yojana" aims to support SC/ST entrepreneurs and strengthen MSMEs, making them globally competitive.
In detail
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 Interest Subsidy (Manufacturing Sector)" provides financial relief to enterprises in the manufacturing sector by offering an interest subsidy on term loans. Additional benefits are available for women entrepreneurs, differently-abled entrepreneurs, startups, and young entrepreneurs below 35 years of age.
Who qualifies
- The firm must be a Micro/Small/Medium enterprise run by SC/ST entrepreneur.
- The enterprise must be a manufacturing enterprise.
- The enterprise must be engaged in the manufacturing sector.
- The term loan should be availed from a recognized bank or financial institution.
- The loan must be sanctioned before the enterprise starts commercial production.
- If the enterprise installs a solar/renewable energy plant, it must be for captive consumption.
- The enterprise must bear a minimum of 2% interest on the term loan.
- The application must be submitted within the prescribed timeline.
> Note:
- SC/ST Enterprise: SC/ST Enterprise means the enterprise in which contribution of SC/ST entrepreneur is 51% or more.
What you get
> Financial Assistance:
Category of Taluka Quantum of Incentive Category I8% on Term Loan with a maximum amount of ₹35,00,000/- per annum for a period of 7 yearsCategory II7% on Term Loan with a maximum amount of ₹30,00,000/- per annum for a period of 6 years Category III & Municipal Corporation Areas6% on Term Loan with a maximum amount of ₹25,00,000/- per annum for a period of 5 years
Who is excluded
- Enterprises whose term loan is sanctioned after one year from the commencement of commercial production.
- Enterprises defaulting on loan repayments as per RBI and bank guidelines.
- Enterprises seeking reimbursement for penal interest or other bank charges.
- Enterprises availing interest subsidy under any Central Government scheme where the total subsidy exceeds the total interest paid.
not about the scheme.
Provenance
| schemeName | Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Interest Subsidy (Manufacturing Sector) | myScheme · 2026-09-02 |
| schemeOpenDate | 2020-08-07 | myScheme · 2026-09-02 |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |