Gujarat State government has launched Atmanirbhar Gujrat Sahay Yojana, people in lower middle income group can avail guarantee free loan of Rs.1 lakh from banks at 2% annual interest as it seeks to help them get back to normal life disrupted by the COVID-19 Lockdown.
The government will pay another 6% interested to banks giving loan under Atmanirbhar Gujarat Sahay Yojana (AGSY) Scheme, targetted at small businessmen and a cross-section of people falling under the lower middle income group.
Overview Atmanirbhar Gujarat Sahay Yojana 2020
An overview and important features and highligts of Atmanirbhar Gujarat Yojana 2020 (AGSY) scheme are:
|Scheme Name||Atmanirbhar Gujarat Sahay Yojana 2020|
|Launched By||Chief Minister Vijay Rupani|
|Beneficiaries||Small businessmen, skill workers, Auto-rickshaw owners, electricians, barbers|
|Loan Amount||Upto Rs.1 lakh|
|Major Benefit||Loans at lower interest rate|
|Interest Rate||2 % per annum|
|Loan Tenure||3 years|
|Repayment of Principal and Interest||6 months after loan sanction Date|
Atmanirbhar Gujarat Sahay Yojana (AGSY) 2020
Gujarat CM Vijay Rupani announced Atmanirbhar Gujarat Sahay Yojana (AGSY) wherein the urban and district cooperative banks and credit societies in the state will provide Rs.5000 crore as loans to small enterpreneurs and businessmen at an interest rate of 2%.
Government is also giving a moratorium on payment of the principal amount and interest for the first 6 month on the loans that will have be repaid in 3 year.
The central government has given a package of Rs.20 lakh crore to make India ‘Atmanirbhar’. Gujarat CM Vijay Rupani said, the state government has also decide to launch Atmanirbhar Gujarat Sahay Yojana (AGSY) for small businessmen, skiiled workers, Auto-rickshaw owener, electricains and barbers.
Apply for Aatmanirbhar Gujarat Sahay Yojana Online Application Form
Gujarat state government will invite Aatmanibhar Gujarat Sahay Yojan online application From. AGSY scheme applications may be invited through the Gujarat government official website or a new official dedicated portal. Candidates will have to make online registration for AGSY Scheme by filling Atmanirbhar Gujarat Sahay Yojana online application Form. As soon as the online application/ registration for AGSY scheme will start, we will update it hare with complete process of online application for Aatmanirbhar Gujarat Sahay Yojana.
Beneficiaries of Aatmnibhar Gujarat Sahay Yojana 2020
The state government of Gujarat has launched Atmanirbhar Gujarat Scheme for the following group of people as mentioned below:
- Small Businessmen
- Skilled Workers
- Auto-rickshaw owners
- Other People with lower income
Various other states like Delhi has declared assistance of Rs.5,000 or so to such people. The Gujarat state government has an opinion that such a small amount will not bring their life back of normal.