AatmaNirbhar Gujarat scheme Gujarat Yojana:- On October 5, 2022, the Chief Minister of Gujarat, Bhupendra Patel, initiated the “Aatmanirbhar Gujarat Yojana” in his state to promote industries. The beginning of the Aatmanirbhar Gujarat Yojana aligns with the call made under the “Amrit Mahotsav of Independence” on the 75th Republic Day by Prime Minister Narendra Modi to work towards building a self-reliant India.
Through the “Chief Minister Aatmanirbhar Gujarat Yojana,” various forms of assistance and incentives will be provided to industries in the state, aimed at promoting manufacturing and enabling state industries to become a part of the global supply chain by receiving special support. If you are interested in learning all the important details about this new scheme initiated by the Gujarat government, be sure to read our article in its entirety. We are explaining all the information about the Mukhyamantri Atmanirbhar Gujarat Yojana in simple words through this article.
Mukhyamantri Aatmanirbhar Gujarat Yojana 2023
The Chief Minister of Gujarat, Bhupendra Patel, has launched the “Mukhyamantri Aatmanirbhar Gujarat Yojana” (The Aatmanirbhar Gujarat Schemes for Assistance to Industries). The objective of this scheme is to attract investors towards industries and facilitate investments of 12.50 lakh crores INR, generating employment opportunities for 15 lakh new jobs in Gujarat.
While describing this scheme, the Chief Minister stated, “MSMEs will receive up to a 75% net SGST reimbursement on fixed capital investment over 10 years, micro-industries will be provided capital subsidies of up to 35 lakhs INR, and MSMEs will receive an annual interest subsidy of up to 35 lakhs INR for seven years.”
The Mukhyamantri Atmanirbhar Gujarat Yojana will make Gujarat self-reliant in the coming years by supporting local products and boosting employment and the manufacturing sector.
Information about the Mukhyamantri AatmaNirbhar Gujarat scheme Gujarat Yojana:
| Scheme Name | Aatmanirbhar Gujarat Yojana |
| Initiated by | Chief Minister Bhupendra Patel |
| Start Date | October 5, 2022 |
| Beneficiaries | People of the state |
| Objective | To make Gujarat self-reliant |
| Duration | Not specified |
| State | Gujarat |
| Application Process | Currently unknown |
| Official Website | Click Here |
The objective of Chief Minister AatmaNirbhar Gujarat Scheme
The primary objective of starting this scheme by the Gujarat government is to contribute to the fulfilment of the Prime Minister’s call for a self-reliant India. Through the Atmanirbhar Gujarat Yojana, various forms of assistance and incentives will be provided to industries in the state. This will attract investors to facilitate investments of 12.50 lakh crore INR, thereby creating employment opportunities for 15 lakh young individuals. This scheme will not only boost industries in the state and make Gujarat self-reliant but also provide employment to unemployed youth. The key highlight of the Atmanirbhar Gujarat Schemes for Assistance to Industries is its focus on reducing investment risks for entrepreneurs and creating a conducive environment for them.
Benefits of the AatmaNirbhar Gujarat scheme
Under the Atmanirbhar Gujarat Yojana, the benefits include:
- Up to 75% net SGST (Goods and Services Tax) reimbursement on fixed capital investment for industries, available for up to 10 years.
- Annual interest subsidy of up to 35 lakhs INR for 7 years for MSMEs.
- Additional incentives for women, youth, and differently-abled entrepreneurs.
- EPF (Employee Provident Fund) reimbursement for 10 years.
- Electricity cost exemption for 5 years.
- Capital subsidy of up to 35 lakhs INR for micro-industries.
For large industries:
- EPF (Employee Provident Fund) reimbursement for 10 years.
- A total interest subsidy of 12% on permanent capital investment for large industries.
- Under the net SGST (Goods and Services Tax) reimbursement, industries can receive up to 75% of permanent capital investment, available for up to 10 years.
- Electricity cost exemption for 5 years, meaning industries won’t have to pay their electricity bills for 5 years.
Features of Mukhyamantri AatmaNirbhar Gujarat Yojana
- The Chief Minister of Gujarat, Bhupendra Patel, has initiated the Mukhyamantri Atmanirbhar Gujarat Yojana.
- This scheme aligns with the call made by Prime Minister Modi under the “Amrit Mahotsav of Independence” on the 75th Republic Day to work towards building a self-reliant India. Now, accepting the Prime Minister’s call, the Chief Minister of Gujarat has launched the Atmanirbhar Gujarat Yojana.
- Under this scheme, MSMEs will receive up to a 75% net SGST (Goods and Services Tax) reimbursement on fixed capital investment over 10 years, micro-industries will be provided capital subsidies of up to 35 lakhs INR, and MSMEs will receive an annual interest subsidy of up to 35 lakhs INR for seven years.
- Through the Atmanirbhar Gujarat Yojana, industries in Gujarat will receive various forms of assistance and incentives. This scheme aims to promote manufacturing in the state, making Gujarat a part of the global supply chain.
- The Mukhyamantri Atmanirbhar Gujarat Yojana, by supporting local products and boosting employment in the manufacturing sector, will not only make Gujarat self-reliant but also provide job opportunities to the youth.
- It is noteworthy that this scheme will reduce the investment risk for entrepreneurs and create a conducive environment for industries.
How to apply under Atmanirbhar Gujarat Yojana?
Young entrepreneurs in the state who are interested in applying for the Mukhyamantri Atmanirbhar Gujarat Yojana will need to wait for a while. The scheme was initiated by Gujarat’s Chief Minister Bhupendra Patel on October 5, 2022. The government will soon launch the official website for the application process under this scheme. Once the government opens the official website for applying under this scheme, we will update you through our article. Therefore, we kindly request you to stay connected with our article to receive updates on the application process.