Atmanirbhar Gujarat Sahay Yojana is a scheme launched by the Gujarat Government. It is introduced to benefit the small traders and help them come back to their normal lives, disturbed due to the Covid-19 lockdown.
Introduction
Atmanirbhar Gujarat Sahay Yojana has been launched by the Gujarat government or the state government of Gujarat. Keeping in mind the struggles and challenges of the small scale businessman or small traders, this yojana has been launched. The yojana has been launched by Vijay Rupani (Chief Minister of Gujarat). This yojana was launched in May, 2020. The motive behind introducing this yojana is to help the poor or small scale people suffering because of the COVID-19 pandemic.
Objective of the Scheme
The significant objective of this scheme is to provide loan to all those small scale businesses and small enterprises that have been facing losses because of the COVID-19 outbreak. The Gujarat government is aiding these lower-middle-income groups of people by providing them a loan of ₹1 lakh at a low-cost rate of 2%. The intention behind providing this loan to the small scale traders and retailers is to help them come out of their loss and pain and restart their business that has suffered immense losses due to the COVID-19 pandemic.
Why Register for Atmanirbhar Gujarat Sahay Yojana?
- This Atmanirbhar Gujarat Sahay yojana has come up with a helping hand for all the small-scale workers in the form of tax relief for businesses and workers affected because of the COVID-19 outbreak.
- The loans under this yojana would be easily accessible through a written application at the co-operative banks, district banks, and credit co-operative societies.
- People who wish to apply for the same are required to apply at any of the branches of co-operative banks, District Co-operative Banks, and credit societies in Gujarat.
- Loans under this yojana will be granted by the state cooperative bank, district cooperative banks, urban cooperative banks, and credit societies.
- The application form is also available at more than 9,000 places. These include District Co-operative bank branches, urban co-operative bank branches, and more than 7000 credit societies.
Eligibility Criteria
- Use the following website to log in- https://cmogujarat.gov.in/gu/
- Read the registration process attentively and apply while understanding the requirements correctly.
Scheme Name & Its Details |
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Name of the Yojana |
Atmanirbhar Gujarat Sahay Yojana (AGSY) |
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Launched by |
Government of Gujarat |
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Status of Application |
ACTIVE |
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Benefits of the yojana |
Small scale workers are provided a loan of ₹1 Lakh
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Beneficiaries |
Small and lower-middle class workers |
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Launched by |
Government of Gujarat |
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Post Category |
Gujarat Government Scheme |
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Official Website |
https://cmogujarat.gov.in/en/ |
How to Apply Online for Atmanirbhar Gujarat Sahay Yojana?
- To apply online for Atmanirbhar Gujarat Sahay Yojana (AGSY) registration, visit the official website:- https://cmogujarat.gov.in/en/
Below displayed image is the diagrammatic representation of the Login Page of the website.
- Workers or small scale enterprises willing to register can browse the above-mentioned link and register themselves.
Registration Process
- Visit the official website- https://cmogujarat.gov.in/
- Once, you reach the homepage, click on the “Gujarat Sahay Yojana Application Form PDF” button.
- The “Application form PDF” would be displayed on your screen.
- Download the application form now.
- Once your application form is downloaded, you need to take a print out of the form.
- Now, fill in all the required details (name, mobile number, aadhaar number, etc).
- Attach all the required documents mentioned in the application form.
Required Documents
Below mentioned is a list of all the documents required to apply for Atmanirbhar Gujarat Sahay Yojana:-
Identification Proof
- Aadhaar Card
- Ration card
- Mobile number
Residence/Address Proof
- Aadhaar Card/ Electricity Bill/ Water Bill
- Domicile/Residence Certificate
Additional Documents
- Bank Account Details (Account Number Linked with the Aadhaar Number)
- Passport Size Photographs
- Income Certificate
List of a Few District Co-operative Central Banks (DCCB)
- The Ahmedabad District Co-Operative Bank Ltd.
- Amreli Jilla Madhyastha Sahakari Bank Ltd.
- The Banaskantha District Central Co-Operative Bank Ltd.
- The Baroda Central Co-Operative Bank Ltd.
- Bhavnagar District Central Co-operative Bank Ltd.
- Bharuch District Central Co-operative Bank
Benefits of the Yojana
- As per the statement from the Chief Minister’s office, the Atmanirbhar Gujarat Sahay Yojana aims to provide financial assistance to small businessmen, skilled workers, auto-rickshaw owners, electricians, and barbers, etc to get back to business which was disrupted by the COVID-19 lockdown.”
- The scheme became effective on May 21, 2020. Under this scheme, Co-operative banks, and Credit Co-operative Societies in, the state are responsible to provide loans up to ₹1 lakh. This loan will be credited on an interest rate of 8%(based on the statement from the Chief Minister’s office)
- Now, in the interest rate of 8%, the beneficiaries will be held responsible only to pay an interest of 2% on annual basis, whereas the remaining 6% of interests would be endured by the state government,(based on the statement from the Chief Minister’s office)
- The scheme beneficiaries will be responsible for paying only 2% of the interest per annum.
- While the beneficiaries will be responsible to pay only 2% of the interest per annum, the remaining 6% interest will be taken care of by the state government.
- Under this yojana, more than 10 lakh people will be granted a loan of ₹5,000 crore
- Beneficiaries will be granted a loan for a time period of 3 years, without any interest and installments for the first 6 months
- But, the beneficiaries will have to pay the loan in 30 equal installments from the next month, i.e. from the 7th month of when the loan was given.
- Also, the beneficiaries can acquire a free of cost application form from Co-operative banks or Credit Co-operative societies.
- The state government has also excused the stamp fee on these loans.
Highlights of Atmanirbhar Gujarat Sahay Yojana
- It is a step taken for the welfare of small scale business and small enterprises
- Under this yojana, more than 10 lakh people will be granted a loan of ₹5,000 crore
- The yojana majorly focuses on bringing back the lives of lower-middle-income group people on track, affected because of the COVID-19 pandemic
- Under this yojana, loans up to ₹1 lakh (100,000) will be provided to small traders at an interest rate of 2%.
- This loan will be provided without any security for a time period of 3 years
- Under the Atmanirbhar Gujarat Sahay Yojana, no equated monthly installment (EMI) will be charged for the first 6 months.
Conclusion
Atmanirbhar Gujarat Sahay Yojana is a thoughtful stride taken by the Gujarat government to benefit the small-scale workers and uplift their lost hopes due to the recession caused by the COVID-19 pandemic. The idea behind this yojana is to provide financial assistance to the small-scale workers to help them restart their business, making a powerful comeback in the market. At Aatmnirbhar Sena, we are rendering our wholehearted support to the Gujarat Government with our sincere efforts in the direction of making this scheme a grand success.
