Sarkari Yojana
Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance of Capital Investment Subsidy to Micro enterprises
About Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance of Capital Investment Subsidy to Micro enterprises
The “Aatmanirbhar Gujarat Scheme for MSMEs” is an umbrella scheme brought in by the Industries and Mines Department, Gujarat, to empower the state’s vibrant MSME sector, which significantly drives employment, GDP and exports. Effective October 5, 2022, to October 4, 2027, the initiative promotes investment and growth in support of “Aatmanirbhar Gujarat” and “Aatmanirbhar Bharat.” Its “Assistance of Capital Investment Subsidy to Micro enterprises” component gives a capital investment subsidy to help manufacturing micro-enterprises.
Scheme Overview
State Government
Business Entity
05 Oct 2022
Scheme Details
Eligibility Requirements
To qualify for Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance of Capital Investment Subsidy to Micro enterprises, applicants must satisfy the following conditions:
The business must qualify as a Micro/Small/Medium enterprise
The business must qualify as a Micro/Small/Medium enterprise.
Registration or acknowledgment from the Ministry of MSME…
Registration or acknowledgment from the Ministry of MSME or the Department for Promotion of Industry and Internal Trade (DPIIT), whichever applies, is required.
The enterprise has to be either a new…
The enterprise has to be either a new manufacturing unit or an existing one taking up expansion or diversification.
Commercial production must have started within the operative…
Commercial production must have started within the operative period (October 5, 2022, to October 4, 2027).
The online application must be filed within one…
The online application must be filed within one (1) year of the first loan disbursement date, the start of commercial production, or the GR issue date, whichever is later, and before the scheme's last operative date.
Benefits Provided
Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance of Capital Investment Subsidy to Micro enterprises provides the following benefits to eligible applicants:
Financial Assistance The capital investment subsidy is calculated on the term loan amount, depending on the taluka category:
Category 1:
25% of the term loan amount, subject to a maximum of ₹35,00,000/-.
Category 2:
20% of the term loan amount, subject to a maximum of ₹30,00,000/-.
Category 3 & Municipal Corporation Areas:
10% of the term loan amount, subject to a maximum of ₹10,00,000/- (INR 10 lakhs).
Documents Required
Applicants should keep the following documents ready before starting the application:
Printed application form with the declaration and undertaking,…
Printed application form with the declaration and undertaking, bearing the signature, name and designation of an authorised person and the enterprise's official stamp.
Proof of Udyog Aadhaar / Udyam Registration (acknowledgment…
Proof of Udyog Aadhaar / Udyam Registration (acknowledgment copy).
Term loan sanction letter from the bank (copy)
Term loan sanction letter from the bank (copy).
Statement of the term loan account / bank…
Statement of the term loan account / bank certificate of first disbursement (copy).
Enterprise constitution papers, including the registered partnership deed…
Enterprise constitution papers, including the registered partnership deed for partnerships (copy).
Detailed Project Report (DPR) for projects up to…
Detailed Project Report (DPR) for projects up to ₹5 crores (copy); for projects above ₹5 crores the DIC will require a bank appraisal report.
Shop & Establishment Certificate (relevant for service sector…
Shop & Establishment Certificate (relevant for service sector enterprises within municipal corporations).
GST registration certificate (copy, if applicable)
GST registration certificate (copy, if applicable).
PAN card held by the enterprise (copy)
PAN card held by the enterprise (copy).
Income tax return of the last financial year…
Income tax return of the last financial year showing plant & machinery value (copy); new enterprises give a self-declaration on first application.
Proof of age such as a birth certificate/school…
Proof of age such as a birth certificate/school leaving certificate (copy), for entrepreneurs below 35 years on the bank loan sanction date.
Caste certificate granted by a competent authority (copy)
Caste certificate granted by a competent authority (copy).
Disability certificate for differently abled persons granted by…
Disability certificate for differently abled persons granted by a competent authority (copy).
Consent to Establish (CTE) from the GPCB (copy,…
Consent to Establish (CTE) from the GPCB (copy, if applicable).
One self-certified/certified land/property record from among 7/12 Utara,…
One self-certified/certified land/property record from among 7/12 Utara, Namuna 6, copy of index, property card, etc.
Non-agricultural (NA) permission (if applicable)
Non-agricultural (NA) permission (if applicable).
Notarised rent deed (agreement) accompanied by the owner's…
Notarised rent deed (agreement) accompanied by the owner's proof/affidavit of ownership of the land/property (copy).
Lease deed (agreement) accompanied by the owner's proof…
Lease deed (agreement) accompanied by the owner's proof of ownership of the land/property (copy).
Property tax paid receipt (copy, for service activities)
Property tax paid receipt (copy, for service activities).
Board resolution granting signing authority (for partnerships, LLPs,…
Board resolution granting signing authority (for partnerships, LLPs, Pvt. Ltd., or Limited Companies).
Declaration and undertaking concerning other investments in Gujarat
Declaration and undertaking concerning other investments in Gujarat.
Annexure of the balance sheet presenting the previous…
Annexure of the balance sheet presenting the previous financial year's gross fixed capital investment.
CA certificate presenting the gross fixed capital investment…
CA certificate presenting the gross fixed capital investment before expansion/diversification/forward or backward integration was initiated.
2022-10-05
How to Apply
Online Application
Applicants can apply for Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Assistance of Capital Investment Subsidy to Micro enterprises through the online application process outlined below.
Application Process
Registration Process:
Step-1: Proceed to the Investor Facilitation Portal (IFP) portal and click "New Investor Registration" to reach the registration form.
Step-2: Furnish the details required in the Registration Form and click "Submit".
Step-3: Get the E-mail ID verified by clicking the link sent to your registered E-mail ID.
Step-4: Your registration is successful once verification is complete.
Post-Registration Process:
Step-1: Proceed to the Investor Facilitation Portal (IFP) portal and click "Login".
Step-2: Enter your email address and password as registered.
Step-3: Click the "Login" button to get to your account.
Step-4: Provide the business details sought and upload the mandatory documents to finalise your application.
Helpdesk:
Contact Here.
Exclusions / Who Is Not Eligible
- Enterprises that have availed incentives for the same GFCI under any other state government scheme or agency are ineligible unless explicitly allowed.
- Applications submitted after one year from the relevant dates (loan disbursement, production commencement, or GR issue date) will not be considered.
- Enterprises whose term loans are sanctioned more than one year after the commencement of commercial production are ineligible for the subsidy.
> **Note:**
**Ineligible Capital Expenditure/ Assets:** The following expenditure shall not be considered for calculating the eligible fixed capital investment:
1. Land and Land development cost.
1. Working capital.
1. Goodwill.
1. Royalty.
1. Preliminary and pre-operative expenses.
1. Indigenous second-hand plant and machinery.
1. Interest capitalized.
1. Power generation, except for captive use.
1. Rented or leased property.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.