Aatmanirbhar Gujarat Scheme for assistance to MSMEs: Rehabilitation of Sick Enterprise

About This Scheme

The "Aatmanirbhar Gujarat Scheme for MSMEs" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from October 5, 2022, to October 4, 2027, this initiative supports growth, investments, and the vision of "Aatmanirbhar Gujarat" and "Aatmanirbhar Bharat." The component "Rehabilitation of Sick Enterprise" scheme supports MSME sick industrial enterprises that meet RBI's criteria for sickness by reimbursing part of the costs for preparing a diagnostic report and rehabilitation plan.

Eligibility

1. The firm must be a Micro/Small/Medium enterprise. 1. The enterprise must have obtained acknowledgment or registration from the Ministry of MSME or the Department for Promotion of Industry and Internal Trade (DPIIT), as applicable. 1. The enterprise must be a new manufacturing enterprises or existing enterprises undertaking expansion or diversification. 1. The enterprises should have commenced commercial production during the operative period (October 5, 2022, to October 4, 2027). 1. The enterprise must be an MSME classified as a sick industrial enterprise per RBI guidelines. 1. Diagnostic reports must be prepared by an expert or expert agency. 1. The application must be submitted during the scheme's operative period.

Benefits

> Cost Reimbursement: - Reimbursement: 50% of the cost for preparing the Draft Rehabilitation Scheme. - Financial Assistance: ₹1,00,000/- during the scheme's operative period.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.