- Name of the Scheme Scheme for financial assistance by way of Capital Subsidy and Credit linked Interest Subsidy to Micro, Small and Medium Enterprises.GR No :
Govt. of Gujarat, Industry & Mines Dept, Resolution No: SSI/102020/332278/CH
Date : 01/09/2020 - Operative Period
From 07/08/2020 to 06/08/2025 - Who will be eligible?
- The Enterprise registered as an industrial unit under MSME Development act, 2006 with respective DIC as manufacturing enterprise.
- For setting up new enterprise during operative period of the scheme such enterprise has to commence production during the operative period.
- For carrying out expansion by existing enterprise with investment in fixed capital more than 50% of its existing gross fixed capital investment as on date of initiation of expansion. However, such investment should be minimum 60% only in plant and machinery. Such expansion should have been completed and it should commence production during the operative period.
- Forward Integration, Backward Integration and Diversification is also allowed
- Old & second hand machinery will not be eligible for assistance.
- Assistance Available
4.1 Capital Investment subsidy for Manufacturing Enterprises: