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Aatmanirbhar Gujarat Scheme

Aatmanirbhar Gujarat Scheme 2022

On 5 October 2022, Government of Gujarat unveiled new Industrial Policy viz. Aatmanirbhar Gujarat Scheme 2022 for Assistance to Industries replacing the existing Industrial Policy 2020.

Aatmanirbhar Scheme is further categorized into following segments based on investments:

  • Assistance to MSMEs (investment up to 50 crores)
  • Assistance to Large Industries and Thrust Sector (investment exceeding 50 crores)
  • Assistance to Mega Industries (investment up to 2,500 crores and direct employment exceeding 2,500 persons)
Services

Government Subsidy Scheme

Assistance to MSMEs

1. Capital Subsidy for Micro Units
Category of Taluka Quantum of Incentive
Category 1 – Rural Area
25% of Term Loan and maximum up to 35 lakhs
Category 2 – Semi-Urban Area
20% of Term Loan and maximum up to 30 lakhs
Category 3 – Urban Area & O/s Municipal Corporation Area
10% of Term Loan and maximum up to 10 lakhs
2. Interest Subsidy
Category of Taluka Quantum of Incentive
Category 1 – Rural Area
7% and maximum up to 35 lakhs/ annum for a tenure of 7 years
Category 2 – Semi-Urban Area
6% and maximum up to 30 lakhs/ annum for a tenure of 6 years
Category 3 – Urban Area & O/s Municipal Corporation Area
5% and maximum up to 25 lakhs/ annum for a tenure of 5 years
3. Net SGST Subsidy
Category of Taluka Quantum of Incentive
Category 1 – Rural Area
100% of Net SGST payment and maximum is 7.50% of eFCI
Category 2 – Semi-Urban Area
90% of Net SGST payment and maximum 6.50% of eFCI
Category 3 – Urban Area & O/s Municipal Corporation Area
80% of Net SGST payment and maximum 5.00% of eFCI
4. Electricity Duty Exemption:

Electricity Duty is waived off for a period of 5 years.

5. Reimbursement of Employer’s Contribution to Provident Fund (‘EPF’):

EPF is reimbursed up to INR 1,800 per employee per month for a period of 120 months.

6. Other Subsidy available to MSMEs:
  • Assistance for Quality Certification
  • Financial Support in ZED Certification
  • Assistance in implementation of information and communication Technology
  • Assistance for Technology Acquisition
  • Assistance for Patent Registration
  • Assistance for saving in consumption of Energy and Water
  • Assistance for raising Capital through SME exchange
  • Assistance for reimbursement of CGTMSE Fees
  • Assistance for Power Connection Charges
  • Assistance in Rent

Assistance to Large Industries and Thrust Sector

  • Investment exceeding 50 crores qualifies as large industries.
  • Manufacturing activities in following are covered under Thrust Sector
    • Green Hydrogen/ Green Ammonia
    • Electrolyze
    • Renewable energy equipment
    • Battery Storage
    • Fuel Cells
    • Aviation related manufacturing
    • Electric Vehicles
    • Auto or Auto Components
    • Space related manufacturing
    • Electrical machinery and/or equipment
    • Industrial Machinery and/or equipment
    • Telecom related machinery and/or equipment
    • Metals
    • Mineral Processing
    • Ceramics
    • Technical Textiles
    • Textile, Apparel & Garments
    • Municipal solid/liquid waste recycling equipment manufacturing
    • Argo and Food Processing
    • Gems and Jewelry including Lab Grown Diamonds
    • Pharmaceuticals and/or APIs*
    • Medical Devises
1. Interest Subsidy
Category of Taluka Quantum of Incentive
General Sector
Thrust Sector
Category 1 – Rural Area
7.00% and up to 1.00% of eFCI/p.a for a tenure of 10 years
7% and up to 1.20% of eFCI/p.a for a tenure of 10 years
Category 2 – Semi-Urban Area
7.00% and up to 1.00% of eFCI/p.a for a tenure of 8 years
7% and up to 1.00% of eFCI/p.a for a tenure of 10 years
Category 3 – Urban Area & O/s Municipal Corporation Area
7.00% and up to 1.00% of eFCI/p.a for a tenure of 6 years
7% and up to 1% of eFCI/p.a for a tenure of 8 years
2. Net SGST Subsidy
Category of Taluka Quantum of Incentive for 10 years
General Sector
Thrust Sector
Category 1 – Rural Area
100% of Net SGST payment and maximum is 7.50% of eFCI/p.a.
100% of Net SGST payment and maximum is 8.00% of eFCI/p.a.
Category 2 – Semi-Urban Area
90% of Net SGST payment and maximum 6.50% of eFCI/p.a.
90% of Net SGST payment and maximum 7.00% of eFCI/p.a.
Category 3 – Urban Area & O/s Municipal Corporation Area
80% of Net SGST payment and maximum 5.00% of eFCI/p.a.
80% of Net SGST payment and maximum 5.50% of eFCI/p.a.
4. Electricity Duty Exemption:

Electricity Duty is waived off for a period of 5 years.

5. Reimbursement of Employer’s Contribution to Provident Fund (‘EPF’):

EPF is reimbursed up to 1,800 per employee per month.

Assistance to Mega Units

1. Interest Subsidy

Interest Subsidy @ 7.00% subject to maximum 1.20% of eFCI for a period of 10 years.

2. Net SGST Subsidy for goods:

100% reimbursement of Net SGST payment subject to maximum 0.90% of eFCI for a period of 20 years.

3. SGST Subsidy on admissible Capital Goods:

100% reimbursement of SGST paid on admissible capital goods.

4. Reimbursement of Stamp Duty and & Registration Fees:

100% reimbursement of Stamp Duty and Registration Fees paid for purchase / lease of land for the project.

5. Reimbursement of Employer’s Contribution to Provident Fund (‘EPF’):

EPF is reimbursed up to INR 1,800 per employee per month for a period of 120 months.

6. Electricity Duty Exemption:

Electricity Duty is waived off for a period of 5 years.