The “Aatmanirbhar Gujarat Scheme for Assistance to MSMEs” is a state initiative designed to support and strengthen the MSME sector in Gujarat. It aims to enhance growth, encourage investments, and contribute to the vision of self-reliant Gujarat and India.

The scheme is operative from October 5, 2022, to October 4, 2027, covering a period of five years.

The scheme aims to boost MSME growth, enhance the industrial ecosystem, encourage investments, and contribute to Gujarat’s and India’s self-reliance vision.

The scheme includes the establishment of new industrial estates, sector-specific parks, and infrastructure projects, along with amendments to the Gujarat Industrial Policy 2020 to further support MSME growth.

MSMEs established and operating within Gujarat are eligible to benefit from the scheme, as per the criteria defined in the policy framework.

Enterprises in Category 1 areas can receive 7% of the term loan amount, with a maximum of ₹35,00,000/- per annum, for a period of 7 years.

Enterprises in Category 2 areas can receive 6% of the term loan amount, with a maximum of ₹30,00,000 per annum, for a period of 6 years.

Enterprises in Category 3 and municipal corporation areas can receive 5% of the term loan amount, with a maximum of ₹25,00,000/- per annum, for a period of 5 years.

Differently-abled entrepreneurs, women entrepreneurs, and registered startups in the service sector are eligible for an additional 1% interest subsidy on their term loan.

Yes, young entrepreneurs below the age of 35 years on the date of term loan sanction are eligible for an additional 1% interest subsidy.

Eligible enterprises must bear a minimum of 2% interest on the term loan levied by the bank or financial institution.

Yes, but the combined subsidies must ensure that the enterprise bears at least 2% of the interest after offsetting the interest subsidy from the Government of India.

Only service enterprises registered under the applicable Act are eligible for the interest subsidy.

Yes, registered startups in the service sector are eligible for an additional 1% interest subsidy on their term loan.

No, the interest subsidy is specifically for service enterprises registered under the applicable Act.