BRUPY

Dr. Bhimrao Ambedkar Dalit Adivasi Udyami Protsahan Yojana 2022 (BRUPY)

Dr. Bhimrao Ambedkar Rajasthan Dalit, Tribal Udyam Protsahan Yojana, 2022 implemented in the annual budget 2022-23 of the state to ensure the contribution of Scheduled Castes and Scheduled Tribes and their effective role in the development of non-agricultural sectors such as manufacturing, service and trade. Through this scheme, various types of assistance and facilities including effective guidance, demonstration, cooperation will be provided to the target groups for establishment, expansion, diversification, modernization etc. of projects related to industry, service and business activities.
The state government is determined to ensure effective participation of the weaker and deprived sections in the overall industrial development of the state.  With the aim of increasing the standard of living of these classes through various development programs and welfare schemes of the state government, provision has been made for Scheduled Castes and Scheduled Tribes sub-plan items in the budget provisions of the state, so that by utilizing the budget earmarked for these classes, they can be benefitted.  To be included in the main stream of development.

OBJECTIVE OF THE BRUPY SCHEME:

The main objective of the scheme is to prevent migration to the city by creating employment opportunities at the local level, reducing dependence on the agricultural sector, providing support to educated and trained youth in the establishment and operation of the enterprise, manufacturing service and commercial development of the state.  To ensure the effective role and contribution of the target group.

OPERATIONAL/ EFFECTIVE PERIOD OF BRUPY SCHEME:
This scheme will be effective in the state from the date of notification till 31.03.2027.

ACTIVITIES INCLUDED IN THE BRUPY:

In addition to the activities banned by the Central / State Government, agriculture and allied activities (animal husbandry, bird husbandry, fisheries, horticulture etc.), establishment of new enterprises in all legal manufacturing, Service and trading sectors and also include expansion, diversification and modernisation of the established enterprise.

ELIGIBILITY CRETERIA UNDER BRUPY:

  • Who- Be a native of Rajasthan. Whose age is more than 18 years at the time of application.
  • Should not be employed in Central or State service or Central/State institutions.
  • In case of partnership and LLP firms, cooperative society and company, 51 percent of ownership held by SC/ST persons.
  • The applicant should not be a defaulter in repayment of loans taken from banks/financial institutions in the past.
  • The applicant should not be declared mentally unsound and insolvent.

PROJECT COST/SIZE UNDER BRUPY:

The project maximum investment size under BRUPY is as below:

(A) For Manufacturing Unit ;    Maximum Project Cost INR 10 Crore

(B) For Service Unit ;                   Maximum Project Cost INR 5 Crore

(C) For Trading Unit ;                  Maximum Project Cost INR 1 Crore

FUNDING STRUCTURE UNDER BRUPY:

The form of loan for these enterprises would be working capital loan or term loan, but the maximum permissible Working Capital shall not be more than to the prescribe limit as below:

(A) For Manufacturing and Service Enterprises: Maximum working capital loan upto 40% of the total project cost. 

(B) For Trading Unit: Maximum working capital loan upto 90% of the project cost. 
 
OWN CONTRIBUTION AND MAXIMUM LOAN LIMIT UNDER BRUPY:

  • Manufacturing Enterprises:  Minimum contribution 10% and maximum loan 90%
  • Service Enterprises: Minimum contribution 10% and maximum loan 90%
  • Business Sector:  Minimum contribution 15% and maximum loan 85%

BENEFITS UNDER BRUPY:

SPECIAL PROVISION AND ARRANGEMENT FOR INDUSTRIAL LAND ALLOTMENT: 
  • Plots will be allotted to SC/ST entrepreneurs in industrial areas of RIICO on the basis of reserve rate for allotment in place of auction system currently being run for allotment of land.
  • The fixed limit of plots to be allotted to entrepreneurs of these classes will be increased from 2000 square meters to 4000 square meters.
  • The limit of reservation payable in the allotment of plots to these categories of entrepreneurs at present will be increased from 5 percent to 6 percent.
  • Full waiver of interest will be given on the installments of the due amount of land allotment.
In the selected industries being set up under this scheme RIICO / Rajasthan Venture Capital Fund (RIICO / Rajasthan Venture Capital Fund) 10 percent participation of maximum Rs. 25 lakh per unit Alternatives will be provided.  This is an innovative initiative to enable this class of people to invest.  This type of partnership will help them in getting technical and various approvals.

BENEFITS UNDER RAJASTHAN INVESTMENT PROMOTION SCHEME (RIPS), 2022: 

Along with the assistance/facilities provided by the state government in various schemes, the entrepreneurs of these categories will be given the following additional benefits/facilities along with the facilities already available in the Rajasthan Investment Promotion Scheme (RIPS), 2022;
  • Minimum investment prescribed in various thrust sectors to the border will be reduced to 50 percent.
  • 100 percent SGST reimbursement will be done for 7 years.
  • 100 percent concession will be provided in land conversion charges.
  • 100 percent stamp duty exemption on land purchase, lease and loan documents, in which 75 percent stamp duty exemption will be given initially and 25 percent stamp duty deposited by eligible industrial units will be recharged on commencement of commercial production.
  • Maximum limit of grant subsidy under the scheme will be upto 200 percent of the EFCI (eligible investment).

CAPITAL SUBSIDY OR INTEREST SUBVENTION UNDER BRUPY: 

If the benefit of interest subsidy or capital subsidy has not been availed under any other clause of the scheme, the following benefits will be given:-
5 percent interest subsidy on term loan taken by the enterprise from financial institutions or state financial institutions or banks recognized by RBI for investment in plant and machinery or equipments for 5 years with a maximum limit of Rs.25 lakh. Per year .
                                                                                                                Or
15% capital subsidy on investment in plant and machinery or equipment, subject to a maximum of Rs 2 crore.

STATE AID-GUARANTEE FEE UNDER CGTMSE UNDER BRUPY: 
State Government bears the guarantee fee under CGTMSE (Credit Guarantee Trust Fund for Micro Small Enterprises) operated by SIDBI.
 
MARGIN MONEY GRANT UNDER BRUPY: 
The margin grant amount will be 25 percent of the project cost or Rs.25 lakh, whichever is less. Margin money grant amount will be payable to the financial institution in the proportion of loan disbursement to the applicant. The amount of margin money grant will be kept in the form of short-term deposit in the concerned financial institution.  On which neither the interest amount will be paid to the State Government nor interest will be charged from the concerned borrower on the loan amount equivalent to this amount.
 
After the disbursement of the loan for the establishment of the project, after running the enterprise for three years and issuing the adjustment order after the departmental inquiry, if the borrower is not a defaulter, the amount of the grant, which is marched accordingly, is adjusted in the borrower’s account.

The applicant receiving margin money assistance in any scheme of the Central / State Government will not be eligible for margin money assistance under this scheme, but the applicant will be eligible as per rules in other schemes run by the Central / State Government for the promotion of enterprises.

  • Process to get loan under BRUPY Scheme:


    • STEP 1
      Post Your Query 

    • STEP 2
      Send documents through e-mail

    • STEP 3
      Your project report and other documentation preparation work will be completed by our experts

    • STEP 4
      After properly completion of your application they will apply and follow up to DIC Govt. Office to approve your file.

    • STEP 5
      After getting the approval of your submitted file from DIC Office, your file will be further forwarded to your proposed bank.

    • STEP 6
      The bank will check all formalities, your credit potential and projection viability then your file will be processed finally and disbursed the loan amount.
 
INTEREST SUBVENTION UNDER BRUPY:
The amount of interest subsidy will not exceed the amount of interest paid by the borrower towards the loan in any case.

Loan Amount

Subsidy on Interest

Up to 25 Lakhs

9%

More than INR 25 Lakh to INR 5 Crore

7%

More than INR 5 Crore to INR 10 Crore

6%