Atmanirbhar Gujarat Sahay Yojana 2020 – Government set to give Rs. 2% interest for 3 years in 1 lakh loan Atmanirbhar Gujarat Sahay Yojana. The Central Government has launched the Atmanabir Sahay Yojana (AGSY) to provide financial assistance to medium and small scale industries in times of coronovirus infection.
Atmanirbhar Gujarat Sahay Yojana 2020
The Gujarat government has announced a package of Rs 5000 crore for industries in the state. Under this, Atmanirbhar Gujarat Sahay Yojana 2020 has been started, under which a loan of Rs 1 lakh will be provided for a year at 2% interest rate. Small traders, skilled workers, autorickshaw owners, electricians and others will be included in the scheme.
AGSY 2020 Loan Scheme
In the Atmanbir Gujarat scheme, it has been announced to provide guarantee-free loans to small businessmen, skilled laborers, autorickshaw owners, electricians, and small and medium scale industries. Under this scheme, financial assistance will be provided to those industries which are suffering during the corona virus infection.
The state government of Gujarat will give 6% interest to banks lending under Atmanabir Gujarat Sahay Yojana (AGSY) targeted to small businessmen. Through this scheme, the government is trying to get the economy back on track by supporting medium industries in times of this epidemic. You can avail this scheme by applying in online mode.
Who can avail Atmanirbhar Gujarat Sahay Yojana?
Here we have provided the list of people for whom Atmanibhar Gujarat scheme has been started:
- Small Businessmen
- skilled workers
- Autorickshaw owner
- Low income people
At the time of corona virus infection, several states including Delhi have taken the initiative to provide 5,000 to such people. Gujarat believes that such a small amount will not make his life normal.
Collateral free loan under Sahay scheme
A loan of about Rs 10 lakh will be given to such beneficiaries. 1 lakh at only 2% annual interest from banks to start their life under Atmanirbhar Gujarat Sahay Yojana. All loans will be provided on an application basis and will not require any guarantee. Government of Gujarat The banks will pay the remaining 6% interest on the loan given.
As per the guidelines issued by the Government of Gujarat, the loan period will be 3 years and repayment of principal and interest will start six months after the approval of the loan amount. District, scheduled and cooperative banks have been included under this scheme. Right now the state government will bring the detailed information of AGSY in a few days and the loan will be made available to all those who need it.
Aatmanirbhar Gujarat Sahay Yojana Apply Online
Like other schemes by the Government of Gujarat, applications of this loan scheme will also be invited in online mode. There is a possibility of starting a portal for this. All interested people have to register for this scheme by filling the Atmanirbhar Gujarat Sahay Yojana online form. When the application process for this scheme starts, we will update it in the website.
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