Atmanirbhar Gujarat Scheme for Assistance to MSMEs
1. Atmanirbhar Gujarat Scheme for Assistance to MSMEs
2. GR No :- MIS-102022-1271(1) -I (Ch) dated 05.010.2022
3. Policy Period from dated 05.10.2022 to 04.10.2027
1. Capital Investment Subsidy for MSMEs
| Sr No. | Category of Taluka | Quantum of Incentive |
| 1 | Category 1 | 25% of term loan amount up to 35 lakhs |
| 2 | Category 2 | 20% of term loan amount up to 30 lakhs |
| 3 | Category 3 and Municipals Corporation | 10% of term loan amount up to 10 lakhs |
2. Interest Subsidy for MSMEs for Manufacturing and Service Sectors
| Sr No. | Category of Taluka | Quantum of Incentive |
| 1 | Category 1 | 7% of term loan maximum amount up to 35lakhs per annum for 7 years |
| 2 | Category 2 | 6% of term loan maximum amount up to 30lakhs annum for 6 years |
| 3 | Category 3 and Municipals Corporation | 5% of term loan maximum amount up to 25lakhs annum for 5 years |
3. Net SGST Reimbursement for MSMEs
| Sr No. | Category of Taluka | Quantum of Incentive |
| 1 | Category 1 | 100% of net SGST for 10 Years up to 7.5% of eFCI p.a |
| 2 | Category 2 | 90% of net SGST for 10 Years up to 6.5% of eFCI p.a |
| 3 | Category 3 and Municipals Corporation | 60% of net SGST for 10 Years up to 5% of eFCIp.a |
4. EPF Reimbursements to MSMEs for 10 years
a) 100% of employer’s statutory contribution under EPF amount paid
b) The ceiling of incentive amount per employees will be 12% of the employee’s basic salary plus
applicable Dearness Allowance (DA) and retaining allowances or INR 1800 per month, whichever is
lower
Faq
Hiring a subsidy consultant will allow you to register for and get different subsidies and incentives. Subsidy consultants have intensive knowledge of different state and central government subsidies that you can avail. They will help you find the most profitable programs that you would be eligible for. This will allow you to manage your business while your consultant finds and applies for the most beneficial subsidies for you.
Subsidy consultants have expertise in the matter and are aware of all the government subsidy options available. Based on your requirements and eligibility criteria, including your industry, they can help you find many different subsidy programs. They will also help you deal with different governmental organisations to apply for subsidies.
The maximum subsidy for MSMEs can vary depending on the specific subsidy scheme and government program. But generally speaking, MSMEs can get subsidies of up to 15% of the project cost (for NER and hill states, 20%). There is also a cap on the maximum cost of upgradation, which is ₹1.00 crores for the manufacturing sector and ₹25.00 lakhs for the service or trading sector.
Under the Mudra Scheme, applicants can get a loan for 75-80% of the investment amount (up to ₹10.00 lakhs) for any non-farm and non-corporate small or micro-enterprises. This scheme provides one of the highest subsidies in India. If you are planning to start a new business that can get significant subsidies, it is best to contact Concept Business’s subsidy consultants in Ahmedabad.
You can contact our experts at Concept Business by simply filling out the form on our ‘Contact Us’ page. You can also reach out to us at +919924137602 or info@governmentsubsidy.co.
At Concept Business Inc, we are one of the most renowned government subsidy consultants in India. We provide assistance to a range of businesses from different industries and different sizes. Our experts have in-depth knowledge of the various government schemes and can help you identify the most profitable options for you. We also help you with the entire documentation and application process. With our help, you can simplify your process of getting a subsidy.
