Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Saving in Consumption of Energy and Water
At a Glance
Scheme Category
Business & Entrepreneurship,Setting up / start-up / entrepreneurship
Target Beneficiaries
Business Entity,Industries
Brief Description
The "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.
Benefit Type
Cash
Eligibility Criteria
- The applicant must be an existing or new enterprise. - The enterprise must conduct an energy/water audit from a recognized institution. - The enterprise must achieve a minimum 10% reduction in energy/water consumption after implementing audit recommendations. - The applicant must install equipment as per the recommendations of the auditing authority. - Enterprises with increased energy/water consumption due to production growth will be reviewed separately.
Application Mode
Online
Application Process
> Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> 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 <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> 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: <nis:link nis:type=webUrl nis:id=slugId nis:text="**Contact Here.**" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/IFP-pages/contact.jsp?pagedisp=static nis:enabled=true/>
Required Documents
- Copy of Udyam/IEM/LOI Registration certificate. Copy of the Constitution of the Enterprise. Copy of Self Certified Share Holding of Pattern. CA Certificate for fixed capital investment. Certified Copy of latest Balance sheet/ audit report of the Enterprise. Receipt of payment of fees to recognized institution/Consultant. List of recommended equipments used for energy/water conservation (if applicable). Invoices/bills of recommended equipments (if applicable). Recommendation/audit report of recognized institution for energy/water conservation. Details for the saving in energy/water minimum by 10% of average monthly consumption of previous 12 months before audit submitted. Project report with benefit analysis (In case of equipment reimbursement). CA certified Expenditure statement. Copy of Self Certified Share Holding Pattern (If applicable). Highlighted Bank account statement of expenditure. Undertaking for any assistances from GOG and GOI. Copy of third-party documentary evidence of results achieved, such as electricity bill, water bill. Copy of GPCB approved NOC/Consent & other departments approval (if applicable). Copy of PAN Card of Enterprise, Promoters/Directors/Partners and authorized signatory. Copy of GST registration (if applicable). Board resolution/POA/Consent letter. Copy of cancelled Cheque. Other Documents if any.
FAQs
What is the "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)"?
The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" aims to position Gujarat as a global business destination by promoting sustainable manufacturing, inclusive development, and balanced regional growth.
What is the duration of the scheme?
The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.
What is the objective of the component "Assistance for Saving in Consumption of Energy and Water"?
The component "Assistance for Saving in Consumption of Energy and Water" provides financial assistance to both existing and new enterprises that take measures to reduce their energy and water consumption.
Who is eligible to apply for this scheme?
Any existing or new enterprise that conducts an energy/water audit through a recognized institution and achieves at least a 10% reduction in consumption is eligible to apply.
What is the maximum financial assistance provided under this scheme?
The scheme provides reimbursement of 75% of the audit cost, up to a maximum of ₹50,000/-, and a subsidy of 25% on the cost of recommended equipment, up to ₹20,00,000/-.
Can a newly established enterprise apply for this scheme?
Yes, a newly established enterprise can apply if it undertakes measures to reduce energy or water consumption and meets the eligibility criteria.
What happens if an enterprise fails to achieve the required 10% reduction in consumption?
If an enterprise does not achieve at least a 10% reduction in energy or water consumption, it will not be eligible for assistance on the cost of equipment.
Can an enterprise apply if its energy or water consumption increases due to higher production?
Yes, if consumption increases due to production growth, the claim will be reviewed separately by a committee constituted by SLEC.
What type of institutions or consultants can conduct the energy/water audit?
The audit must be conducted by a recognized institution or consultant approved by the relevant authorities.
How will the reimbursement and subsidy be disbursed to the enterprise?
The approved financial assistance will be directly transferred to the registered bank account of the enterprise.
Can an enterprise conduct an audit before registration and still be eligible for assistance?
No, the enterprise must be legally registered before conducting an audit to be eligible for assistance under this scheme.
Is GST registration mandatory to apply for this scheme?
Yes, GST registration is mandatory for enterprises to avail of financial assistance under this scheme.