Annal Ambedkar Business Champion Scheme:- In an effort to encourage economic growth and empower entrepreneurs from the Scheduled Caste (SC) and Scheduled Tribe (ST) categories, the Tamil Nadu government took an initiative called the ‘Annal Ambedkar Business Champions Scheme.’ This scheme aims to uplift SC/ST entrepreneurs by providing them with full support, resources, and opportunities to succeed in the business world. By addressing the specific challenges faced by these communities, the scheme will try to reduce economic disparities and create a more equitable society.
Annal Ambedkar Business Champion Scheme
It will promote the economic development of SC/ST entrepreneurs. According to the new scheme, the beneficiary will be offered a 35% capital subsidy and a 6% interest subvention for loans to obtain machinery and equipment. The government has given approval to use ₹100 crore for the successful implementation of the scheme. With the help of the Entrepreneurship Development and Innovation Institute, the selected beneficiaries will be given training.
Tamil Nadu Naan Mudhalvan Scheme
Annal Ambedkar Business Champion Scheme Overview
| Name of the article | Annal Ambedkar Business Champion Scheme |
| Initiated by | Tamil Nadu government |
| State | Tamil Nadu |
| Aim | To support the economic growth of the scheduled caste and scheduled tribe categories members. |
| Capital subsidy | 35% |
| Interest subvention | 6 % |
| Budget | ₹100 crore |
| Website | https://www.msmetamilnadu.tn.gov.in/aabcs.php |
Annal Ambedkar Business Champion Scheme Objective
The main aim of the ‘Annal Ambedkar Business Champions Scheme’ is to promote and facilitate the economic development of entrepreneurs belonging to the Scheduled Caste (SC) and Scheduled Tribe (ST) categories.
Annal Ambedkar Business Champion Scheme Benefits
- The scheme wants to empower SC/ST entrepreneurs by providing them with the necessary resources, opportunities, and support to establish and grow successful businesses.
- By empowering entrepreneurs from these communities, the yojana wants to enhance their socio-economic status, self-reliance, and overall well-being.
- It will create an equal business environment and reduce economic disparities. By offering support to SC/ST entrepreneurs, it makes sure that they have equal access to opportunities.
- The scheme may offer training programs and skill development initiatives to improve the business and entrepreneurial skills of SC and ST entrepreneurs. It will help them to acquire the necessary knowledge and expertise to operate their businesses successfully.
- It may allow access to markets and networks, connecting SC and ST entrepreneurs with potential customers, suppliers, and business partners. This can help expand their customer base, improve market reach, and encourage collaborations.
Procedure to Register on the Annal Ambedkar Business Champion Scheme
- Firstly, you have to visit the official website of the Micro, Small and Medium Enterprises Department (MSME),https://www.msmeonline.tn.gov.in/
- You will land on the homepage of the website.
- Click on the Login/Registration option on the home page.
- You will see a new page on the screen
- Click on the Register link on the screen.
- The registration form will appear on the screen.
- After that fill out the form by entering all required details such as name, Date of Birth, Aadhaar Number, Mobile Number, Email Id
- Then you have to create a password and then enter the captcha code in the space given.
- At last, click on the Register button to complete the registration process
Steps to Login on the Portal
- Firstly, visit the official website of the Micro, Small, and Medium Enterprises Department (MSME)
- You will reach the homepage of the website.
- Click on the Login/Registration option on the home page.
- You will see a new page on the screen.
- After that enter the email id or the mobile number and the password in the space given.
- Then you have to enter the captcha code in the space given.
- At last, click on the login option on the screen.
Procedure for Department Login on the Portal
- Visit the official website of the Micro, Small, and Medium Enterprises Department (MSME).
- The homepage of the website will appear on the screen.
- Click on the Dept Login option on the screen.
- You will see a new page on the screen
- After that enter the user’s name and the password.
- Then you have to enter the captcha code in the space given.
- At last, click on the login option on the screen.