1. Introduction
○ The Atma Nirbhar Gujarat Scheme for Assistance to MSMEs is a cornerstone
initiative to support the development of micro, small, and medium enterprises in
Gujarat. This scheme empowers MSMEs by offering financial aid, simplifying
regulatory procedures, and encouraging innovation and self-reliance, contributing
to Gujarat’s industrial landscape and employment growth.
2. Objective
○ To promote the sustainable growth of MSMEs in Gujarat by providing essential
financial assistance and incentives.
○ To encourage local manufacturing, reduce import dependency, and enhance the
state’s economic resilience.
3. Eligibility Criteria
○ MSMEsoperating within Gujarat across various sectors, including manufacturing,
services, and technology-based industries, are eligible for benefits under this
scheme.
Key Features of the Scheme
1. Capital Investment Subsidy
○ Financial assistance for capital investments, aimed at reducing the initial costs of
setting up or expanding MSME operations in Gujarat.
2. Interest Subsidy on Term Loans
○ Subsidies on interest rates for term loans taken by MSMEs, making financing
more affordable and accessible for small businesses.
3. Reimbursement of Stamp Duty and Registration Fees
○ Reimbursement of a portion of the stamp duty and registration fees paid for land
purchased by MSMEs, reducing the financial burden of setting up a business
location.
4. Access to Industrial Infrastructure
○ Support in accessing industrial parks, business incubators, and other
infrastructure resources essential for MSME growth and expansion.
5. Power Tariff Subsidies
○ Concessional power tariffs for MSMEs to help reduce ongoing operational costs
and support profitability.
Benefits of the Atma Nirbhar Gujarat Scheme for MSMEs
1. Financial Ease and Cost Reduction
○ Through interest subsidies, capital investment support, and other financial
incentives, MSMEs can access much-needed financial support, enabling growth
without excessive debt.
2. Enhanced Competitiveness
○ By reducing the cost of operations through power and infrastructure subsidies,
MSMEscan offer competitive pricing and enhance their market reach.
3. Encourages Employment Generation
○ The scheme’s support to MSMEs contributes to job creation, particularly in local
communities, supporting Gujarat’s workforce and promoting regional economic
development.
4. Focus on Sustainable Development
○ Incentives for renewable energy and eco-friendly practices encourage MSMEs to
adopt sustainable practices, benefiting the environment and aligning with
Gujarat’s green development goals.
5. Supports Skill Development
○ Training programs help improve the skill set of employees, increasing
productivity, efficiency, and overall quality of output from MSMEs in Gujarat.
