Aatmanirbhar Gujarat Subsidy Scheme For MSME Units
Aatmanirbhar Gujarat Subsidy Scheme For MSME Units
1. Administered By:
Industries & Mines Department, Government of Gujarat (State Government)
2. Validity Period:
From 05.10.2022 To 04.10.2027
3. Who will be Eligible?
Any MSME manufacturing unit and only New MSME of service sector who availed the Term Loan from Bank.
4. Assistance Available:
Capital subsidy from 10% to 25% of Term loan amount with maximum of Rs. 10 Lacs to Rs. 35 Lacs based on Category of Taluka for Micro Units only.
Interest subsidy @ 5% to 7% with maximum Rs. 25 Lacs to Rs. 35 Lacs p.a. for a period 5 to 7 years based on Category of Taluka for MSME and New Specified Service Units.
EPF Reimbursement to New/existing unit @12% of Salary (Basic + Dearness Allowance + Retaining allowance) with maximum Rs. 1800 per month for a period of 10 years for appointment of new employees working in Gujarat who are not registered under PF before appointment.
Exemption from Electricity Duty @ 10 % to 15% which is equivalent to Rs. 1 per unit for a period of 5 years.
SGST Subsidy by way of reimbursement @80% to 100% of net SGST paid in Cash with maximum 5% to 7.5% of Eligible Fixed Capital Investment p.a. for a period of 10 years.
