Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Interest Subsidy (Manufacturing Sector)
The scheme “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.
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 “Assistance for Interest Subsidy (Manufacturing Sector)” aims to support manufacturing enterprises by providing an interest subsidy on term loans. The subsidy percentage and duration vary based on the category of the taluka. Additional benefits are available for differently-abled entrepreneurs, women entrepreneurs, registered startups, and young entrepreneurs below 35 years.
Benefits
Financial Assistance:
| Category of Taluka | Quantum of Incentive |
Category I | 7% on Term Loan with a maximum amount of ₹35,00,000/- per annum for a period of 7 years |
Category II | 6% on Term Loan with a maximum amount of ₹30,00,000/- per annum for a period of 6 years |
Category III & Municipal Corporation Areas | 5% on Term Loan with a maximum amount of ₹25,00,000/- per annum for a period of 5 years |
Eligibility Criteria
The firm must be a Micro/Small/Medium enterprise.
The enterprise must be in the manufacturing sector.
The term loan must be sanctioned by a recognized Bank/Financial Institution (excluding NBFCs).
The enterprise must apply within one year of loan disbursement or before the commercial production starts.
The enterprise must remain operational for at least 7 years post-subsidy approval.
The enterprise must comply with pollution control measures.
Only one type of investment (Forward Integration, Backward Integration, Diversification, or Expansion) will be eligible for subsidy.
Application Process
Apply Online
Registration Process:
Step-1: Visit the
Investor Facilitation Portal (IFP)
portal. Click on “New Investor Registration” to access the registration form.
Step-2: Fill in the Registration Form. Click on “Submit”.
Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step-4: After verification, you will be registered successfully.
Post-Registration Process:
Step-1: Visit the
Investor Facilitation Portal (IFP)
portal. Click on “Login”.
Step-2: Enter the email address and password you used during registration.
Step-3: Click the “Login” button to access your account.
Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
Helpdesk:
Contact Here.
Official Source: View on myScheme.gov.in
Benefits
Financial Assistance:
Category of Taluka Quantum of Incentive
Category I
7% on Term Loan with a maximum amount of ₹35,00,000/- per annum for a period of 7 years
Category II
6% on Term Loan with a maximum amount of ₹30,00,000/- per annum for a period of 6 years
Category III
& Municipal Corporation Areas5% on Term Loan with a maximum amount of ₹25,00,000/- per annum for a period of 5 years
Application Process
Apply Online
Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP)
portal. Click on "New Investor Registration" to access the registration form.
Step-2: Fill in the Registration Form. Click on "Submit".
Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step-4: After verification, you will be registered successfully.
Post-Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP)
portal. Click on "Login".
Step-2: Enter the email address and password you used during registration.
Step-3: Click the "Login" button to access your account.
Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
Helpdesk: Contact Here.
References & Official Links
Scheme Details
| Full Name | Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Interest Subsidy (Manufacturing Sector) |
| Short Title | SAMSMEIS |
| Level | State |
| Scheme For | Infra |
| Categories | Business & Entrepreneurship |
| States | Gujarat |
| Gender | All |
| Age Range | 7 — 35 years |
| Area | Urban |
| Source | www.myscheme.gov.in ↗ |
Deepika Raikwar · 📅 24 May 2026
Deepika Raikwar is an Education Analyst and scholarship researcher who focuses on public welfare and merit-based scholarships. She simplifies complex eligibility rules, deadlines, and application processes to help common people access reliable funding opportunities worldwide.
View all posts by Deepika Raikwar →