Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy
in Gujarat
Last updated:
Key dates and updates (Gujarat)
Nationwide and Gujarat-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy in Gujarat
Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy is a government scheme available to eligible residents of Gujarat.
Apply for Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy in Gujarat
Scheme Overview
The "Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries" aims to strengthen the overall industrial ecosystem in the State and also enable a larger set of manufacturing companies to emulate the adoption of clean energy and make them future-ready to compete in global markets.
Eligibility Criteria
The mega industry must operate as a manufacturing unit.
The unit must have a minimum investment of INR 2,500 crore in plant and machinery.
The unit must provide direct employment to at least 2,500 persons.
The unit must belong to one of the thrust sectors as defined in the [Guidelines](https://cmogujarat.gov.in/sites/default/files/2023-01/AatmaNirbhar-Gujarat_Industrial-Policy_0.pdf) (Refer Page No. 9). 1. New industrial units or expansion projects are eligible.
Units must avail of term loans for fixed capital investment from recognized financial institutions.
The unit must bear at least 2% interest on term loans, even if availing of other subsidies.
Units must ensure regular repayment of loan installments.
Benefits
> **Substantial Interest Reduction:**
**Interest Subsidy:** @7% on the term loan. - **Capped Amount:** A maximum of 1.2% of eligible fixed capital investment per annum for 10 years.
Required Documents
| # | Document |
|---|---|
| 1 | Bank Certificate for the Claim Period. |
| 2 | Bank/Financial Institute certified Term Loan Account statement for Claim Period. |
| 3 | IEM Part – B /IL /LOP of Industrial Undertaking. |
| 4 | To be submitted in first claim only. |
| 5 | Valid CCA obtained from GPCB (if applicable). |
| 6 | First Sale Bill. |
| 7 | To be submitted in first claim only. |
| 8 | Purchase bill, Sale bill, and Electricity Bill for Last month of Claim Period. |
| 9 | Attendance / Salary Register for the Last Month of Claim Period. |
| 10 | Employment Statement for the Last Month of the claim Period in Prescribed Format. |
| 11 | Details of Apprentice (If applicable). |
| 12 | Valid Insurance Policy for Fixed Assets. |
| 13 | No due Certificate from Previous Bank (in case of Take-over of Term Loan). |
| 14 | Bank Sanction Letter from Bank taken over the Term Loan (If Applicable). |
| 15 | Bank/Financial Institute certified Term Loan Account statement for take-over. |
| 16 | Authority Letter duly certified with Board Resolution, Directors / Partners / Owner. (Authorised Person should be any Director/Partner/at-least Employee of the Company). |
| 17 | Copy of Pan Card (To be submitted in first claim only). |
| 18 | Copy of Cancelled Cheque (To be submitted in first claim only). |
How to Apply in Gujarat
Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form. Step-2: Fill in the Registration Form. Click on "Submit". Step-3: Verify the E-mail ID using the link sent on your r…
Online Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form. Step-2: Fill in the Registration Form. Click on "Submit". Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID. Step-4: After verification, you will be registered successfully. Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "Login". Step-2: Enter the email address and password you used during registration. Step-3: Click the "Login" button to access your account. Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
Common questions in Gujarat
Who can apply for Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy in Gujarat?
Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy. Refer to the eligibility section above for the complete checklist.
What documents are required for Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy in Gujarat?
Applicants in Gujarat typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy?
Key dates are summarized in the table on this page, from 5 October 2022 through 5 October 2022, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
The "Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries" is a state initiative designed to support and strengthen the Mega Industry sector in Gujarat. It aims to enhance growth, encourage investments, and contribute to the vision of self-reliant Gujarat and India.