- MSME will get up to 75 percent net SGST reimbursement on the fixed capital investment over 10 years
- For large enterprises, interest subsidy up to 12 percent on Fixed Capital Investment, net SGST reimbursement to large industries up to 75 percent of Fixed Capital Investment over 10 years
NE BUSINESS BUREA
GANDHINAGAR, OCT 5
Riding high on bagging the country’s first semiconductor industry of Vedanta Group, Gujarat Chief Minister Bhupendra Patel on Wednesday announced ‘The Atmanirbhar Gujarat Schemes for Assistance to Industries’ with an aim to attract Rs 12.50 lakh crore investment in the state and generate job opportunities for 15 lakh youths.
#AatmanirbharGujarat Scheme For Assistance to MSMEs offers a basket of incentives to MSMEs including Capital Subsidy, Interest Subsidy, Net SGST Reimbursement and EPF reimbursement to MSMEs. pic.twitter.com/j3zT3IBgmR
— CMO Gujarat (@CMOGuj) October 5, 2022
Sharing details of the scheme, the Chief Minister said, “MSME will get up to 75 percent net SGST reimbursement on the fixed capital investment over 10 years, capital subsidy up to Rs 35 lakh to Micro Industries and interest subsidy to MSMEs up to Rs 35 lakh per annum up to 7 years.”
#AatmanirbharGujarat Schemes For Assistance to Industries 2022 shall encourage transition towards green manufacturing and decarbonization, thereby playing a central role in realizing the principles of 'Panchamrut' laid down by the Hon'ble PM Shri @narendramodi at CoP-26 Summit. pic.twitter.com/bySW6XcD5r
— CMO Gujarat (@CMOGuj) October 5, 2022
For large enterprises, interest subsidy up to 12 percent on Fixed Capital Investment, net SGST reimbursement to large industries up to 75 percent of Fixed Capital Investment over 10 years, incremental support to thrust manufacturing sectors and electricity duty exemption for five years. This benefit is extended to nine sectors including 22 sub sections in the manufacturing sector.
CM Shri @Bhupendrapbjp announces #AatmanirbharGujarat Schemes For Assistance to Industries 2022, aimed at boosting industrial development and foster employment in the state and thus contribute to Hon’ble PM Shri @narendramodi's vision of #MakeInIndia and #AatmanirbharBharat. pic.twitter.com/4qm6MvUquP
— CMO Gujarat (@CMOGuj) October 5, 2022
If any company is investing more than Rs 2,500 crore in selected 10 manufacturing sectors and its 23 sub sectors, giving employment to minimum 2,500 persons, will be entitled to get 12 percent of Fixed Capital Investment.
મુખ્યમંત્રી શ્રી ભૂપેન્દ્ર પટેલે આજના વિજયાદશમીના અવસરે મુખ્યમંત્રી નિવાસસ્થાને સુરક્ષા કર્મીઓની હાજરીમાં વૈદિક મંત્રોચ્ચાર સાથે શસ્ત્ર પૂજન કર્યું હતું. મુખ્યમંત્રીશ્રીએ વિજયાદશમીની શુભેચ્છાઓ પાઠવીને લોકોની રક્ષા, સમાજ સુરક્ષા માટે પોલીસ દળની કર્તવ્યપરાયણતાને બિરદાવી હતી. pic.twitter.com/og18ZkIFyA
— CMO Gujarat (@CMOGuj) October 5, 2022
Units will get Net SGST reimbursement to Mega industries up to 18 per cent on Fixed Capital Investment over 20 years. Electricity Duty Exemption for five years.
Live: માનનીય મુખ્યમંત્રી શ્રી ભૂપેન્દ્રભાઈ પટેલની ગરિમામય ઉપસ્થિતિમાં ઔદ્યોગિક એકમોને પ્રોત્સાહન અને સહાય માટેની યોજનાનું લોન્ચિંગ. https://t.co/ZCyuMTBhkP
— CMO Gujarat (@CMOGuj) October 5, 2022
