Atmanirbhar Gujarat Sahay Yojana | 1 atmanibhar

By | May 15, 2020
Atmanirbhar Gujarat Sahay Yojana | 1 atmanibhar
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1The government will pay another 6 per cent interest to banks giving loan under the scheme, Atmanirbhar Gujarat Sahay Yojana (AGSY), targetted at small businessmen.

Atmanirbhar Gujarat Sahay Yojana

Atmanirbhar Gujarat Sahay

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The Gujarat government on Thursday announced a scheme under which people in lower middle income group can avail guarantee-free loan of Rs 1 lakh from banks at 2 per cent 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 per cent interest to banks giving loan under the scheme,

Atmanirbhar Gujarat Sahay Yojna

(AGSY), targetted at small businessmen and a cross- section of people falling under the lower middle income group.

According to scheme norms, while the tenure of loan will be three years, payment of installments will begin only after six months of disbursal.

 

The central government has given a package of Rs 20 lakh crore to make India ‘atmanirbhar’ (self-reliant). The state government has also decided to launch

Atmanirbhar Gujarat Sahay Yojana (AGSY)

for small businessmen, skilled workers, autorickshaw owners, electricians and barbers, among others,”

Atmanjrbhar Gujarat sahay yojana Chief Minister Vijay Rupani said.

 

Other states have declared assistance of Rs 5,000 or so to such people. However, we are of the opinion that such a small amount will not bring their life back to normal, he

said.

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“Around 10 lakh such people will be given loan of Rs 1 lakh each from banks at just 2 per cent annual interest to start their lives afresh,

Rupani said.

 

Loans will be provided on the basis of application where no guarantee will be required, he said.

The state government will pay the remaining 6 per cent interest on loan to banks. The tenure of such loans will be three years. Re-payment of principal and interest will start after six months of sanction,

he said.

The government has come up with this scheme after discussion with district, scheduled and cooperative banks, the chief minister said.

The state government will come out with detailed information on AGSY in a few days and loan will be made available to all those who are in need of it, he said.

Atmanirbhar Gujarat Sahay Yojana 2020

Gujarat govt. has announced Atmanirbhar Gujarat Sahay Yojana in which lower middle income group can avail guarantee-free loan of upto Rs. 1 lakh from banks. This loan amount will be provided at an annual interest rate of 2% as it seeks to help them get back to normal life disrupted by the Coronavirus lockdown. Moreover, govt. will also pay another 6% interest to banks giving loans under the scheme.

Aatmanirbhar Gujarat Sahay Yojana Apply Online Form

Just like other loan schemes, the state govt. of Gujarat will invite Aatmanirbhar Gujarat Sahay Yojana online application form. These applications may be invited through the Gujarat govt. official website or a new dedicated portal. People will have to make registration for this scheme by filling Atmanirbhar Gujarat Sahay Yojana apply online form. As soon as the online application process will start, we will update it here.

This AGSY scheme aims to benefit small businessmen and cross section of people falling under the lower middle income group. As per the Aatmanirbhar Gujarat Sahay Yojna, loan tenure will be of 3 years and payment of installments will begin after 6 months of loan disbursal. Earlier on 13 May 2020, central govt. has launched Aatm Nirbhar Bharat Abhiyan (self reliant India campaign).

Just like other loan schemes, the state govt. of Gujarat will invite Aatmanirbhar Gujarat Sahay Yojana online application form. These applications may be invited through the Gujarat govt. official website or a new dedicated portal. People will have to make registration for this scheme by filling

 

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