Aatmanirbhar 2022

Aatmanirbhar Gujarat Schemes 2022 for Assistance to Industries

Industries & Mines Department Government of Gujarat

Benefits available to:-

  • New Unit
  • Expansion
Eligibile Units:-
  • Company
  • Partnership Firm
  • Limited Liability Partnership
  • Society
  • Trust
  • Industrial Co-operative Society
  • Proprietorship

New Enterprise

“New enterprise means msme commences commercial production during the operative period of this scheme. ( having valid udhyam registration )”

Expansion

“50% Increase in investment in gross fixed capital ( out of that at least 60% of investment is made in plant & machinery for which expansion is carried out ) and also increases its installed capacity by atleast 50% of existing projects ”

MSMEs (Based on FCI in Plant & Machinery)

Gross Fixed Capital Investment (GFCI)

"Means and includes Building, Plant & Machinery, Utilities, Tools & Equipment, and Other Asset (Excluding Land )"

ELIGIBLE FIXED CAPITAL INVESTMENT (EFCI)

IncludeExclude
New BuildingLand and land Development Cost
Other ConstructionWorking Capital
Plant & MachineryGoodwill
Project Related InfrastructureRoyalty
Preliminary and Pre-Operative Expense
Indigenous Second hand Plant & Machinery
Interst Capitalised
Power Generation Except for Captive Use
Rented and leased Property

Note: In case of MICRO & SMALL enterprise, investment towards component other than plant and machinery shall be limited only upto 35% of eligible FCI (Fixed capital investment)

Plant & Machinery

New plant & machinery is eligible. Imported Second hand machinery would be eligible for assistance subject to maximum remaining useful life of 10 years

Location of Machinery

Anywhere in Gujarat.

Qualified lending institution

Term loan from financial insitution / bank (Except NBFC) for acquisition of GFCI of enterprise.

Date of Commercial Production

NO.1: ASSISTANCE OF CAPITAL INVESTMENT SUBSIDY TO MICRO ENTERPRISE

Eligibility

CATEGORY OF TALUKA% ROI
CATEGORY 125% (Maximum Rs.35 lakhs)
CATEGORY 2 20% (Maximum Rs.30 lakhs)
CATEGORY 3 & MUNICIPAL CORPORATION AREAS10% (Maximum Rs.10 lakhs)

*FCI ( Fixed Capital Investment )

Conditions:-
Timeline for Application "Whichever is Later
►1 Year From First Disbursment of Loan
►1 Year From Commencement of Production
►1 Year From Date of Issue of this Government Resultion"
When to Credit SubsidyCapital Subsidy will be Paid Only after Commencement of Production
Benefits under other schemeIf Enterprise availed any benefits Under Central Goverment then Total Quantum Of Capital Investment Subsidy From State and Central Shall not exceed total loan amount disbured By Bank/ Financial Institution.

NO.2: ASSISTANCE OF INTEREST SUBSIDY TO MICRO, SMALL AND MEDIUM ENTERPRISE

Eligibility

CATEGORY OF TALUKA% ROIPERIOD
CATEGORY 17%7 Year
CATEGORY 2 6%6 Year
CATEGORY 3 & MUNICIPAL CORPORATION AREAS5%5 Year

ADDITIONAL 1% INTEREST SUBSIDY TO SPECIFIED ENTERPRISE

*FCI ( Fixed Capital Investment )

Conditions:-
ADDITIONAL 1% INTEREST SUBSIDY TO SPECIFIED ENTERPRISE ►Differently Abled Enterpreneur
►Woman Enterpreneur"
►Registered Startup
►Young Enterpreneur (Below 35 Years on Date of Sanction of loan)
►Enterprise needs to bear minimum 2% Interest of loan
Timeline for Application "Whichever is Later
►1 Year From First Disbursment of Loan
►1 Year From Commencement of Production
►1 Year From Date of Issue of this Government Resultion
Date of availment of SubsidyFrom Date of 1st Disbursement OR From Date of commencement of production
Benefits under other schemeIf Enterprise availed any benefits Under Central Goverment then Total Quantum Of Interest Subsidy From State and Central Shall not exceed total interest amount charged By Bank/ Financial Institution.
Reimbursement of SubsidyAfter commencement of Production

NO.3: NET SGST REIMBURSEMENT TO MICRO, SMALL AND MEDIUM MANUFACTURING ENTERPRISE

Eligibility

CATEGORY OF TALUKA% ROIUP TO ….% OF FCI P.A.
CATEGORY 1100%7.50%
CATEGORY 2 90%6.50%
CATEGORY 3 & MUNICIPAL CORPORATION AREAS80%5%

*FCI ( Fixed Capital Investment )

Conditions:-
Timeline for Application "Whichever is Later
►1 Year From First Disbursment of Loan
►1 Year From Commencement of Production
►1 Year From Date of Issue of this Government Resultion"
Date of availment of Subsidy"Date of 1st Disbursement OR Date of commencement of production"
Separate registrationService enterprise should have to registration under applicable ACT
Separate Books of accounts If MSMEs having multiple manufacturing units, then have to maintain separate books of accounts and also certified by CA
Reimbursement of Subsidy Quarterly Basis

OTHER INCENTIVE SCHEME