Dr.Babasaheb Ambedkar Udyog Uday Yojana: Assistance for Interest Subsidy (Service Sector)

The Industries and Mines Department of Gujarat runs the Dr. Babasaheb Ambedkar Udyog Uday Yojana, an umbrella scheme that covers multiple forms of support. It seeks to strengthen the state's Micro, Small and Medium Enterprise (MSME) sector, which contributes significantly to employment, GDP and exports. The scheme came into force on 7 August 2020 and remains valid until 6 August 2025. Entrepreneurs from the Scheduled Castes (SC) and Scheduled Tribes (ST) are its intended beneficiaries, with the aim of helping their businesses grow and compete globally.

One component of the scheme, "Assistance for Interest Subsidy (Service Sector)", targets micro-enterprises in the service sector. Under it, an interest subsidy is provided on term loans, which lowers the cost burden for new businesses that invest in machinery, equipment, or furniture and fixtures. The subsidy is meant to spur capital expenditure and expansion among SC/ST entrepreneurs running service-oriented businesses across Gujarat.

By covering part of the interest cost, the government encourages formalisation and growth in this segment of the economy, supporting development and job creation in the state.

1. **Step 1: Register as a new investor.** Go to the [Investor Facilitation Portal (IFP)](https://ifp.gujarat.gov.in/DIGIGOV/) and select "New Investor Registration" to open the registration form. Enter your personal and business details correctly, then submit the form. This sets up your applicant profile on the portal.

2. **Step 2: Verify your email.** Once the registration form is submitted, a verification link will be sent to your registered email ID. Click the link to confirm your email. Your account can only be activated after this verification is completed successfully.

3. **Step 3: Log in to the portal.** After verifying your email, return to the [Investor Facilitation Portal (IFP)](https://ifp.gujarat.gov.in/DIGIGOV/) and select "Login". Provide the email address and password you registered with to reach your personalised applicant dashboard.

4. **Step 4: Fill in the application.** From the dashboard, go to the application for the scheme you need. Provide all the required information about your business, covering financial particulars, project details and entrepreneur profiles. Upload every mandatory supporting document — Udyam/MSME registration, loan sanction letters and caste certificates — to finish applying for the interest subsidy.

**Support:** If you need help while applying, or if you run into technical problems, consult the [Helpdesk](https://ifp.gujarat.gov.in/DIGIGOV/IFP-pages/contact.jsp?pagedisp=static) section on the portal for guidance and troubleshooting.

Every application received via the Investor Facilitation Portal (IFP) is scrutinised and verified by the Industries and Mines Department, Gujarat. This assessment confirms that each eligibility condition has been met in full — the enterprise must qualify as a new Micro, Small or Medium enterprise in the service sector, the required equity contribution from SC/ST entrepreneurs must be present, and the term loan for eligible assets must have been sanctioned correctly. Documents uploaded with the application are examined in detail, and the scheme's full guidelines are checked for compliance. Applications that clear this stage move on to disbursement of the subsidy.