Information, form and resolution of Atmanirbhar Gujarat Sahay Yojana-2020

Atmanirbhar Gujarat Sahay Yojana (AGSY) 2020 Apply Online Form Rs. 1 Lakh Loan at 2% Interest

About Gujarat Sahay Yojana

The government has given administrative approval to the scheme in the year 2020-21

Gujarat government has propelled Atmanirbhar Gujarat Sahay Yojana to give Rs. 1 lakh advance at 2% loan cost plot. This is state Government assistance as Rs. 5000 crore bundle for individuals. It incorporates little representatives, talented specialists, autorickshaw proprietors, circuit testers and others whose monetary exercises have been upset because of the continuous COVID-19 lockdown. The state administration of Gujarat will pay another 6% enthusiasm to banks giving credit under the Atmanirbhar Gujarat Sahay Yojna (AGSY) directed at little businesspeople.

Aims of Scheme

to provide interest subsidy to small traders, middle class individuals, individual artisans and working class on non-performing loans made by cooperative banks / credit co-operative societies.

Benefits Of Atmanirbhar Gujarat Sahay Yojana

The Gujarat government have come out with this scheme to help all of the poor businessmen who’s businesses have been struck by the Coronavirus disease and they are not able to revive their businesses. The Gujarat government will give one lakh rupees loan on 2% interest will be which will be a great deal for all of those businessmen who want to revive their business after this lockdown. This deal as said by the concerned authorities of Gujarat government is far better than all of the other states incentive of only rupees 5000.

Implementation Of The Scheme

Around 10 lakh recipients will be given the advance of Rs. 1 lakh each from banks at just 2% yearly enthusiasm to begin their lives once again under Atmanirbhar Gujarat Sahay Yojana. All the credits will be given based on application and no assurance will be required. Gujarat Government will pay the remaining 6% enthusiasm on credit to banks. The residency of such advances will be of 3 years and re-instalment of head and premium will begin following a half year of approval of advance sum. State Government have taken this decision after having a conversation with the banks.

Important Date

The scheme will be applicable to the beneficiaries applying to banks / credit societies from 21-05-2020 to 31-08-2020.

Important Links

Resolution of the Department of Agriculture, Farmer Welfare and Co-operation of the Government of Gujarat dated 16-05-2020 and the form issued are given below

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