Sarkari Yojana

Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Rehabilitation of Sick Enterprise

Gujarat
Quick Summary: The Rehabilitation of Sick Enterprise component of the Aatmanirbhar Gujarat Scheme for MSMEs reimburses 50% of the cost of preparing a Draft Rehabilitation Scheme for MSMEs classed as sick under RBI norms. Assistance is up to ₹1,00,000/-.

About Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Rehabilitation of Sick Enterprise

An umbrella scheme of the Industries and Mines Department, Gujarat, the “Aatmanirbhar Gujarat Scheme for MSMEs” aims to strengthen the state’s dynamic MSME sector, a sizeable contributor to employment, GDP and exports. Effective October 5, 2022, to October 4, 2027, it advances growth and investment in the spirit of “Aatmanirbhar Gujarat” and “Aatmanirbhar Bharat.” The “Rehabilitation of Sick Enterprise” component helps sick MSME industrial units that satisfy RBI’s sickness criteria by reimbursing part of the expense of preparing a diagnostic report and rehabilitation plan.

Scheme Overview

Government Level

State Government

Eligible Entity

Business Entity

Launch / Open Date

05 Oct 2022

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Rehabilitation of Sick Enterprise, applicants must satisfy the following conditions:

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The applicant should be a Micro/Small/Medium enterprise

The applicant should be a Micro/Small/Medium enterprise.

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It must hold acknowledgment or registration from the…

It must hold acknowledgment or registration from the Ministry of MSME or the Department for Promotion of Industry and Internal Trade (DPIIT), as applicable.

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It should be a new manufacturing enterprise or…

It should be a new manufacturing enterprise or an existing one taking up expansion or diversification.

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Commercial production must have started within the operative…

Commercial production must have started within the operative period (October 5, 2022, to October 4, 2027).

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The MSME must be categorised as a sick…

The MSME must be categorised as a sick industrial enterprise under RBI guidelines.

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The diagnostic report must be drawn up by…

The diagnostic report must be drawn up by an expert or an expert agency.

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The application must be made within the scheme's…

The application must be made within the scheme's operative period.

Applicants must meet all of the above conditions to be considered eligible for this scheme.
Benefits

Benefits Provided

Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Rehabilitation of Sick Enterprise provides the following benefits to eligible applicants:

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Cost Reimbursement

Cost Reimbursement:

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Reimbursement

Reimbursement: Half, i.e. 50%, of the expense of drawing up the Draft Rehabilitation Scheme is refunded.
Financial Assistance: Up to ₹1,00,000/- over the scheme's operative period.

Benefit amounts and conditions may vary by category — refer to the official scheme guidelines for exact figures applicable to your case.
Documents Required

Documents Required

Applicants should keep the following documents ready before starting the application:

For General Purpose Registration:

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Application in the prescribed format

Application in the prescribed format

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Copy of the enterprise's constitution, i.e partnership deed/…

Copy of the enterprise's constitution, i.e partnership deed/ Article of Association/

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Memorandum of Association, ROC certificate and similar papers

Memorandum of Association, ROC certificate and similar papers.

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Copy of the EM Part II registration or…

Copy of the EM Part II registration or Udhyog Aadhar.

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Audited Balance Sheets and Profit Loss accounts for…

Audited Balance Sheets and Profit Loss accounts for the previous three years.

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CA certificate confirming that the Enterprise meets RBI's…

CA certificate confirming that the Enterprise meets RBI's guidelines for a sick unit For Assistance for Diagnostic Study Report:

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Letter from the Government Department / Bank/ Financial…

Letter from the Government Department / Bank/ Financial Institution recommending a diagnostic study report for rehabilitating the enterprise.

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Copy of the confirmation letter in which the…

Copy of the confirmation letter in which the Expert/ Expert Agency agrees to prepare the diagnostic study report, stating its cost.

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Copy of the payment receipt issued by the…

Copy of the payment receipt issued by the Expert/ Expert Agency.

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Copy of the diagnostic study report furnished by…

Copy of the diagnostic study report furnished by the Expert/ Expert Agency.

Ensure all documents are valid and, where required, duly attested before submitting your application.
Important Dates

2022-10-05

How to Apply

Online Application

Applicants can apply for Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Rehabilitation of Sick Enterprise through the online application process outlined below.

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Application Process

Registration Process:

Step-1: Browse the Investor Facilitation Portal (IFP) portal and click "New Investor Registration" to pull up the registration form.

Step-2: Input the required particulars in the Registration Form and click "Submit".

Step-3: Complete E-mail ID verification using the link sent to the registered E-mail ID.

Step-4: After successful verification, you are registered.

Post-Registration Process:

Step-1: Browse the Investor Facilitation Portal (IFP) portal and click "Login".

Step-2: Provide the email address and password registered by you.

Step-3: Click the "Login" button to enter.

Step-4: Complete your application by adding the required business details and uploading the mandatory documents.

Helpdesk: Contact Here.

Ensure all required documents are ready before starting the application process.

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References