What you get
Financial Assistance: 50% of charges paid to distribution licenses for LT (Low Tension)/HT (High Tension) service line, maximum limit up to ₹5,00,000/-.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common 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 purpose of the "Assistance for Power Connection Charges" component?
The purpose of the "Assistance for Power Connection Charges" component is to provide financial assistance to MSMEs for the charges paid to the distribution licensee when obtaining a new power connection, additional load, or shifting a service line.
Who is eligible to apply for assistance under this scheme?
An enterprise is eligible if it is registered as an MSME, is located outside GIDC or an approved industrial park, and has paid charges to the distribution licensee for a power connection.
What is the maximum financial assistance that can be availed under this scheme?
An eligible MSME can receive the assistance of 50% of the charges paid, with a maximum limit of [?]5,00,000/-.
What type of power connection charges are covered under this scheme?
The scheme covers charges paid for obtaining a new power connection, additional load for business expansion, and shifting of service lines.
Can an enterprise located within a GIDC area or an approved industrial park apply for this scheme?
No, only MSMEs located outside GIDC or an approved industrial park are eligible to apply.
What is the deadline for applying for reimbursement under this scheme?
The application for reimbursement must be submitted within one year from the date of payment to the distribution licensee.