The Schemes Register Indian government scheme data · and what is missing from it
Last complete collection today ·snapshot 2026-09-02 · 4,771 of 4,772 records · 48/48 pages ·verdict COMPLETE ·2 snapshot(s) held
Route · /scheme/samsmeisss

SAMSMEISSS

Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Interest Subsidy (Service Sector)
GujaratBusiness EntityIndustriesState/ UTOpen since 2020-08-07
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" launched by the Industries and Mines Department aims to position Gujarat as a global business hub, promoting sustainable manufacturing, MSME growth, and export competitiveness.

In detail

The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" 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 August 7th, 2020 to August 6th, 2025, this initiative supports entrepreneurs and strengthens MSMEs, making them globally competitive.

The component "Assistance for Interest Subsidy (Service Sector)" provides interest subsidies on term loans for new MSMEs in the service sector. The subsidy applies to new machinery, equipment, and furniture/fixtures (excluding land and buildings).

Who qualifies

  • The firm must be a new Micro/Small/Medium enterprise.
  • The enterprise must be in the service sector (listed in Annexure A & B) are eligible. 1. The term loan must be sanctioned by a recognized Bank/Financial Institution.
  • The enterprise must apply within one year of loan disbursement or before the commercial production starts.
  • The enterprise must remain operational for at least 7 years post-subsidy approval.
  • The enterprise must comply with pollution control measures.
  • Only one type of investment (Forward Integration, Backward Integration, Diversification, or Expansion) will be eligible for subsidy.

What you get

Financial Assistance:

Category of Taluka Quantum of Incentive Category I8% on Term Loan with a maximum amount of ₹35,00,000/- per annum for a period of 7 yearsCategory II7% on Term Loan with a maximum amount of ₹30,00,000/- per annum for a period of 6 years Category III & Municipal Corporation Areas6% on Term Loan with a maximum amount of ₹25,00,000/- per annum for a period of 5 years

Additional Subsidy: 1% extra interest subsidy for registered startups in the service sector with Udyam/MSME Registration.

Who is excluded

  • Loan sanctioned by Non-Banking Financial Institutes will not be eligible for incentives under this resolution.
Listed by myScheme
Documentation completeness
6 of 9 checks passed
Checks are about the record,
not about the scheme.
✓
Eligibility published here723 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name251 characters
✗
Implementing agency published herefield absent from the record
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How to apply published hereno URL and no offline mode declared
✓
Start date published here2020-08-07
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End date published hereno end date recorded, so indefinite by omission
✓
Stored links well-formedall parse
✓
Not expired while still listedno end date
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Provenance

Every field above, and where it came from
schemeNameScheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Interest Subsidy (Service Sector)myScheme · 2026-09-02
schemeOpenDate2020-08-07myScheme · 2026-09-02
schemeCloseDate...not published at source
nodalMinistryName...myScheme · 2026-09-02
dbtSchemeFalsemyScheme · 2026-09-02
achievement data...no source publishes this for any central scheme