Investment Promotion Scheme (IPS) For Handicraft Artisans: Assistance For Capital Investment For The Handloom And Handicrafts Artisans Of The U.T. Requiring Financial Assistance For Purchase Of Machinery Or Raw Materials
✓ Information verified — June 2026This is a sub-scheme under the “Investment Promotion Scheme (IPS)”, implemented by the Dept. of Industries, U.T. Administration Of DNH & DD, that aims to provide financial assistance for purchase of machinery or raw materials for development of their business.
What You Get
- Financial assistance for purchasing new machinery and equipment
- Support for buying raw materials needed for production
- Help to develop and expand handicraft and handloom business
- Capital investment support for artisans lacking funds
Who Can Apply
- Gender: Male only
- Age: 18–100 years
- Residence: Dadra & Nagar Haveli and Daman & Diu residents only
- Must be a registered handloom or handicraft artisan
- Must be a resident of Dadra & Nagar Haveli or Daman & Diu
- Must be engaged in handicraft or handloom production
- Should require financial assistance for machinery or raw materials
- Must have a valid business registration or proof of artisan status
Documents Needed
0/7 collected
- 1. Aadhaar Card
- 2. Bank Account Passbook
- 3. Business Registration Certificate
- 4. Artisan Registration Document
- 5. Proof of Residence
- 6. Income Certificate
- 7. Business Plan Document
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Dadra & Nagar Haveli and Daman & Diu
- Category
- Employment
- Target Gender
- Male
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 14 Jun 2026
Tags
Official Source
Last Verified
14 June 2026
Official Portal
www.myscheme.gov.in/schemes/ipshacihh…Related Schemes
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