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Subsidy Facility

As a measure to advance the productivity and competitiveness of the Micro, Small and Medium Enterprises (MSE) and for their organizations in the country, the Government of Gujarat has initiated a measure known as the scheme for assistance for Interest Subsidy to Service Enterprise. The task of administering and implementing this scheme is entrusted with the Gujarat Industries Commissionerate. Gujarat Government provides financial assistance by way of Interest Subsidy, and Credit linked Interest Subsidy to Micro, Small and Medium Service Enterprises this MSME funding scheme. In this article, we will look at the Scheme for Assistance for Interest Subsidy to Service Enterprise in detail.

The key objectives of the scheme for assistance for interest subsidy to service enterprise are explained in detail below:

  • To upgrade the infrastructural facilities in new or existing industrial areas of MSMEs by providing financial assistance
  • For creating the fixed assets in Micro, Small and Medium  Enterprises
  • To improve the growth of Micro, Small, Medium enterprises by developing the technology, skills, and quality, market access, access to capital,
  • To increase the potential of the MSMEs by forming self-help groups, consortia, up-gradation of associations
  • To built facility centres for the testing, raw material depot, training centre, effluent treatment, complementing production processe
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