“ આત્મનિર્ભર ગુજરાત યોજના “#AtmaNirbharBharatAbhiyan#AatmaNirbharBharat pic.twitter.com/TzPIWQ1hzD
— Vijay Rupani Memorial (@vijayrupanibjp) May 14, 2020
NE NEWS SERVICE
GANDHINAGAR, MAY 14
On the lines of #AtmaNirbharBharatAbhiyaan, CM Shri @vijayrupanibjp announces 'Atmanirbhar Gujarat Sahay Yojana' for the benefit of over 1 million lockdown-hit small traders, hawkers, skilled workers and a cross-section of people falling under the lower middle income group. pic.twitter.com/S5fMVlRDlA
— CMO Gujarat (@CMOGuj) May 14, 2020
Day after the Central government announced ‘Atmanirbhar ‘ scheme, the Gujarat government on Thursday announced a scheme under which people in lower-middle-income groups can avail guarantee-free loan of Rs 1 lakh from banks at 2 percent annual interest as it seeks to help them get back to normal life disrupted by the COVID-19 lockdown.
Shri Parakramsinh Jadeja, Chairman & MD of Jyoti CNC Automation Ltd., thanks PM Shri @narendramodi ji for the financial support package that would greatly benefit MSMEs, the backbone of the economy.#AatmaNirbharBharat pic.twitter.com/Mvy4v8pZ2b
— Vijay Rupani Memorial (@vijayrupanibjp) May 14, 2020
The government will pay another 6 percent interest to banks giving loans under the scheme, Atmanirbhar Gujarat Sahay Yojna (AGSY), targetted at small businessmen and a cross-section of people falling under the lower-middle-income group.
On behalf of the Gujarat Chamber of Commerce & Industry, Sr. Vice President of GCCI & MD of Meghmani Group, Shri Natubhai Patel, thank our beloved PM Shri @narendramodi ji for the financial package to support MSME segment.#AatmaNirbharBharat pic.twitter.com/5FdEjvubx1
— Vijay Rupani Memorial (@vijayrupanibjp) May 14, 2020
According to scheme norms, while the tenure of the loan will be three years, payment of installments will begin only after six months of disbursal.
Shri Nitesh Patel, Secretary General at Federation of Gujarat Industries (FGI), welcomes the relief package worth nearly 10% of GDP and one among the largest in the world announced by our visionary PM Shri @narendramodi ji.#AatmaNirbharBharat pic.twitter.com/wM0ayvIAxi
— Vijay Rupani Memorial (@vijayrupanibjp) May 14, 2020
The central government has given a package of Rs 20 lakh crore to make India ‘atmanirbhar’ (self-reliant). The state government has also decided to launch Atmanirbhar Gujarat Sahay Yojna (AGSY) for small businessmen, skilled workers, autorickshaw owners, electricians, and barbers, among others,” Chief Minister Vijay Rupani said.
Shri Vipul Ray, Chairman of MSME Committee -FGI and Sr. Vice President of IEEMA expresses gratitude towards PM Shri @narendramodi ji for the announcement of economic package that will strengthen the Indian industry. #AatmaNirbharBharat pic.twitter.com/eGF79tvdnO
— Vijay Rupani Memorial (@vijayrupanibjp) May 14, 2020
Other states have declared assistance of Rs 5,000 or so to such people. However, we think that such a small amount will not bring their life back to normal, he said.
Shri V. P. Vaishnav, Preseident of the RAJKOT CHAMBER OF COMMERCE & INDUSTRY, thanks PM Shri @narendramodi ji for announcing a financial package which will be a strong boost for MSME sector of the state. pic.twitter.com/9SF1nOjHfN
— Vijay Rupani Memorial (@vijayrupanibjp) May 14, 2020
“Around 10 lakh such people will be given loan of Rs 1 lakh each from banks at just 2 percent annual interest to start their lives afresh,” Rupani said.
Loans will be provided based on the application where no guarantee will be required, he said.
The state government will pay the remaining 6 percent interest on the loan to banks. The tenure of such loans will be three years. Re-payment of principal and interest will start after six months of sanction, he said.
The government has come up with this scheme after discussion with the district, scheduled and cooperative banks, the chief minister said.
The state government will come out with detailed information on AGSY in a few days and loan will be made available to all those who require it, he said.