JGVY
What this is
The scheme provides margin money subsidies (25–30%) for new rural industrial projects (₹1,00,000/- to 25,00,000/-) to artisans, entrepreneurs, and SHGs, leveraging a 24-hour electricity supply in villages. Beneficiaries must be aged 25–50 years with a Class 10th education.
In detail
Launched on 7th September 2015, the scheme "Jyoti Gramodyog Vikas Yojana" by the Commissioner of Cottage and Rural Industries, Industries & Mines Department, Government of Gujarat, aims to promote rural entrepreneurship by providing financial assistance (margin money subsidy) for setting up new village industries in areas with 24x3-phase electricity supply. The scheme targets individual artisans, entrepreneurs, and Self-Help Groups (SHGs) with project costs ranging from ₹1,00,000/- to ₹25,00,000/-. It offers 25–30% margin money subsidy (higher for SC/ST/women/PH candidates) to incentivize production-oriented ventures. Applications are submitted offline through District Industries Centres (DICs), and subsidies are disbursed after a 2-year successful project run.
Who qualifies
- The applicant must be aged between 25 to 50 years.
- The applicant must have passed at least Class 10 from a recognized educational board.
- The applicant must possess at least one year of experience in the proposed business activity or relevant training from a recognized institution.
- The applicant must be either an individual artisan/entrepreneur or part of a Grade-II active Self Help Group engaged in small-scale production. The applicant's proposed project must be located in a rural area with a population not exceeding 20,000.
- The applicant must not represent a partnership firm, private limited company, joint venture, HUF, or similar commercial entity.
- For SC/ST, women, and physically handicapped applicants, additional benefits are provided as specified in the benefits section.
What you get
> Margin Money Subsidy
For General Category
- 25% for projects up to ₹10,00,000/-.
- 25% on first ₹10,00,000/- + 10% on remaining cost (up to ₹25,00,000/-).
For SC/ST/Women/Physically Handicapped
- 30% for projects up to ₹10,00,000/-.
- 30% on first ₹10,00,000/- + 10% on remaining cost (up to ₹25,00,000/-).
> Project Cost Coverage
- Includes machinery, raw materials, and working capital (max 10% of total cost).
- Excludes land/building expenses.
> Disbursement
The subsidy is credited to the beneficiary’s account after 2 years of successful operation (upon verification by DIC).
not about the scheme.
Provenance
| schemeName | Jyoti Gramodyog Vikas Yojana | myScheme · 2026-09-02 |
| schemeOpenDate | ... | not published at source |
| 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 |