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 — April 2026The Investment Promotion Scheme (IPS) for Handicraft Artisans is a government program run by the Department of Industries, Dadra & Nagar Haveli and Daman & Diu. It provides financial assistance to handloom and handicraft artisans in the union territory who need money to buy machinery or raw materials. This scheme helps small artisans grow their business and improve their production capacity.
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
- 25 Apr 2026
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