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Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Rehabilitation of Sick Enterprises

The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" launched by the Industries and Mines Department aims to position Gujarat as a global business hub, promoting sustainable manufacturing, MSME growth, and export competitiveness.

Start date7 Aug 2020

End date / Deadline6 Aug 2025

Last verifiedToday

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About This Scheme

The scheme "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from August 7th, 2020 to August 6th, 2025, this initiative supports entrepreneurs and strengthens MSMEs, making them globally competitive. The component "Rehabilitation of Sick Enterprises" aims to support MSME sick industrial enterprises that meet the RBI's criteria for sickness.

Benefits

₹1.0 L

Financial Reimbursement: 50% of the cost of preparing the Draft Rehabilitation Scheme is reimbursed, up to a maximum of ₹1,00,000/-.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

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> For General Purpose Registration:
✦
Application form in prescribed format
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Copy of constitution of enterprise i.e partnership deed/ Article of Association/
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Memorandum of Association, ROC certificate etc.
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Copy of EM Part II registration or Udhyog Aadhar.
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Last three years Audited Balance Sheet and Profit Loss account.
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CA certificate for fulfillment of RBI guideline of sick unit by the Enterprise
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> For Assistance for Diagnostic Study Report:
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Letter of Government Department / Bank/ Financial Institution who recommended to prepare diagnostic study report for rehabilitation of enterprise.
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Copy of letter of confirmation by Expert/ Expert Agency agreed to prepare diagnostic study report with cost for preparation of report.
✦
Copy of receipt of payment by Expert/ Expert Agency.
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Copy of diagnostic study report submitted by Expert/ Expert Agency.

✦ Required ◦ Optional

How to Apply

OOnline

Quick Info

Level: Central Government
Max benefit: ₹1.0 L
Launched: 7 Aug 2020
Deadline: 6 Aug 2025