The “Aatmanirbhar Gujarat Scheme for MSMEs” is a flagship initiative launched by the Industries and Mines Department, Government of Gujarat, effective from October 5, 2022 to October 4, 2027. The scheme aims to strengthen the state’s MSME manufacturing sector by providing fiscal assistance and encouraging sustainable business growth in alignment with the vision of Aatmanirbhar Gujarat and Aatmanirbhar Bharat.
This sub-component offers interest subsidies on term loans to eligible manufacturing enterprises in the Micro, Small, and Medium Enterprises (MSME) category.
Benefits
Interest Subsidy Rates (Based on Taluka Category):
| Taluka Category | Interest Subsidy | Max Amount (Per Year) | Subsidy Period |
|---|---|---|---|
| Category 1 | 7% | ₹35,00,000 | 7 years |
| Category 2 | 6% | ₹30,00,000 | 6 years |
| Category 3 & Municipal | 5% | ₹25,00,000 | 5 years |
Eligibility
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Must be a Micro, Small or Medium Enterprise (MSME)
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Should have valid Udyog Aadhaar/Udyam Registration or DPIIT acknowledgment
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Applicable to new enterprises or existing ones undergoing expansion/diversification
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Must commence commercial production/services during the operative period of the scheme
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Online application must be submitted within one year of:
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First disbursement of term loan
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Commencement of commercial production/services
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GR issue date — whichever is later
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Must pay regular installments and interest to the financing institution
Exclusions
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Enterprises already availing incentives for the same GFCI under other state schemes
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Enterprises whose term loans are sanctioned more than 1 year after commercial start
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Enterprises that default on loan repayment during the subsidy period
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No reimbursement for penal interest or other charges
Application Process
Mode: Online
Registration Process:
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Visit the Investor Facilitation Portal (IFP)
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Click on “New Investor Registration”
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Fill out the registration form and click “Submit”
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Verify your email ID via the link sent to your inbox
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Complete the registration process
Post-Registration Process:
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Login to the portal using your email and password
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Fill in business-related information and upload necessary documents
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Submit the complete application online
Documents Required
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Signed application form with declaration and undertaking
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Udyog Aadhaar/Udyam Registration acknowledgment
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Sanction letter of term loan
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First disbursement certificate or loan account statement
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Partnership deed / MOA & AOA for constitution proof
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Detailed Project Report (DPR) or Bank appraisal report (above ₹5 crore)
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Shop & Establishment Certificate (service sector enterprises)
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GST registration (if applicable)
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PAN card of the enterprise
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ITR showing plant & machinery value (self-declaration for new firms)
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Age proof (Birth Certificate/School Leaving Certificate for entrepreneurs under 35)
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Caste certificate (if applicable)
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Disability certificate (if applicable)
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GPCB CTE certificate (if applicable)
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Land/property ownership documents (7/12 Utara, Index, etc.)
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NA permission (if applicable)
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Rent/lease deed and owner’s proof (if property is rented or leased)
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Property tax receipt (for service activities)
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Board resolution for signing authority
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Undertaking for other investments in Gujarat
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Balance sheet annexure and CA certificate for GFCI before expansion/diversification
Frequently Asked Questions
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What is the “Aatmanirbhar Gujarat Scheme for Assistance to MSMEs”?
It is a financial support scheme that provides interest subsidies for manufacturing MSMEs. -
When is the scheme operative?
From 5th October 2022 to 4th October 2027 -
What is the main benefit offered?
Interest subsidy on term loans based on location category -
What is the incentive rate in Category 1 Talukas?
7%, up to ₹35 lakh per year for 7 years -
What about Category 2 and 3?
6% (Category 2) and 5% (Category 3 & Municipal Areas) -
Can renewable energy projects get support?
Yes, if installed by the enterprise — and additional interest subsidy is allowed -
Is there any extra subsidy for women, startups, or differently-abled entrepreneurs?
Yes, 1% additional interest subsidy is available