Gujarat Chief Minister Vijay Rupani has launched Atmanirbhar Gujarat Sahay Yojana to provide Rs. 1 lakh loan at 2% interest rate for 3 year under this scheme. This state government scheme has been allotted  Rs. 5000 crore. It includes small businessmen, skilled workers, autorickshaw owners, electricians, Shopkeepers  and others whose economic activities have been disrupted due to the ongoing COVID-19 lockdown.

Aatmanirbhar Gujarat Sahay Yojana

Gujarat Government is working day and night to overcome problems created due to lockdowns for daily wagers and small shopkeepers. Details of the Scheme will be issued soon.

Important Information

  • Maximum Loand amount under this Scheme – 1 lakh
  • Maximum Repayment period – 3 Years
  • Rate of Interest – 2 %

The beneficiary of  Aatmanirbhar Gujarat Sahay Yojana

  1. Small businessmen
  2. Skilled Workers
  3. Autorickshaw owners
  4. Electricians
  5. Barbers
  6. Other people with lower income

The state government of Gujarat will pay another 6% interest to banks giving loans under the Atmanirbhar Gujarat Sahay Yojna (AGSY) targeted at small businessmen. The moratorium period will be the first six months. So a person will not need to pay any installment or interest in the first six months. Estimated, more than 10 lakh people will benefit from this unsecured loan worth total estimated amount of Rs. five to six thousand crore. Loans will be given by 220 Urban cooperative banks, 18 district cooperative banks and credit societies. Loan period will be 3 years.

Application for Aatmanirbhar Gujarat Sahay Yojana

State government is yet to announce the date to start online and offline application for this scheme. Most probably this yojana will be started through online channels only to keep up with the corona lockdown guidelines

We will keep you updated for all latest developments for this scheme

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