AGMSMECISMS
What this is
The "Aatmanirbhar Gujarat Scheme for assistance to MSMEs" aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports.
In detail
The "Aatmanirbhar Gujarat Scheme for MSMEs" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from October 5, 2022, to October 4, 2027, this initiative supports growth, investments, and the vision of "Aatmanirbhar Gujarat" and "Aatmanirbhar Bharat."
The component "Assistance for Interest Subsidy to Micro, Small and Medium Enterprise (Manufacturing Sector)" provides an interest subsidy on the term loan to support micro-enterprises in manufacturing.
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Who qualifies
- The firm must be a Micro/Small/Medium enterprise.
- The enterprise must have obtained acknowledgment or registration from the Ministry of MSME or the Department for Promotion of Industry and Internal Trade (DPIIT), as applicable.
- New enterprises or existing enterprises undertaking expansion or diversification are eligible.
- The enterprise must commence commercial production or rendering services during the scheme's operative period.
- The enterprise must submit an application online within one year of the first loan disbursement, commencement of commercial production/services, or GR issue date, whichever is later.
- Applications must be submitted before the scheme's last operative date.
- The enterprise must pay regular installments and interest to the bank/financial institution.
What you get
Financial Assistance
Category of Taluka Quantum of Incentive Category 17% on Term Loan with a maximum amount of ₹35,00,000/- per annum for a period of 7 yearsCategory 2 6% on Term Loan with a maximum amount of ₹30,00,000/- per annum for a period of 6 years Category 3 & Municipal Corporation Areas5% on Term Loan with a maximum amount of ₹25,00,000/- per annum for a period of 5 years
Who is excluded
- Enterprises that have availed incentives for the same GFCI under any other state government scheme or agency are ineligible unless specifically allowed.
- Enterprises with term loans sanctioned more than one year after starting commercial production/services are ineligible.
- Enterprises defaulting on loan repayments will not receive interest subsidies for the default period.
- Enterprises seeking reimbursement for penal interest or other charges are ineligible for such claims.
not about the scheme.
Provenance
| schemeName | Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance for Interest Subsidy to Micro, Small and Medium Enterprise (Manufacturing Sector) | myScheme · 2026-09-02 |
| schemeOpenDate | 2022-05-10 | myScheme · 2026-09-02 |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |