Ahmedabad, DeshGujarat

Two new schemes of promoting small new Micro, Small & Medium Enterprises(MSME) private estates by Gujarat Industrial Development Corporation(GIDC) have been formally started from 10th March which was actually announced during last year budget. It took one year to GIDC to execute the scheme.

Two new schemes “Assistance to Private Developer for developing ready-made sheds in Mini Estate and Assistance in rent to MSMEs Industries” will be available to MSME units defined by government of India in the MSED Act 2006 and subsequent amendments made there in. MSME units will get plot in GIDC’s existing and upcoming Industrial Parks, Mini Estates and other estates.

Quantum of Assistance for private estates and small plots:

The assistance @50 % of the total cost of land, building and other infrastructure facilities will be given to private developer with the conditions as mentioned below;

1. The size of the shed shall be around 50 Sq.Mts. (500 Sq.fts.) 2. The size of the mini estate shall not be more than 2 Hectare 3. The land shall be in the industrial zone or commercial zone in the Municipal Corporation/ Urban Development Authority or converted to N.A. for industrial purpose in other areas.

4. The private developer shall have to get all the sanctions from the competent authority.

5. The private developer shall have to develop all the infrastructures mentioned in the project proposal within two years from the date of sanction. No assistance will be given if the all the infrastructure facilities are not created.

6. Assistance will be provided to private developer for providing plug and play infrastructure facilities.

7. The developer shall have to hand over the operation and maintenance to the members of the estate.

8. No additional charge shall be collected from the MSME .industrial unit for providing facilities except user charges as decided by the members of the association.

9. The assistance under the scheme shall be disbursed to private developer @25 % of the cost of Shed as per the sale of individual Shed and after the commencement of the production by MSMEs; the remaining assistance would be given to private developer.

10. If the developer does not find any buyer for vacant shed, the same can be disposed after the period of two years from the date of allotment to first MSME allotee or the completion of infrastructure facilities whichever is later. With prior Approval of industries commissioner.

11. The developer shall not charge any additional charges fixed by SLEC to MSMEs in any manner.

Quantum of assistance for Rented Plots:

The schemed intends to provide assistance to set up MSMEs by small entrepreneurs having limited financial resourced, the Government will provide assistance in rent in initial period of establishment.

1. The assistance @ 50% of rent paid or Rs.50000/- per annum, whichever is less in Municipal Corporation· area and area under the Urban Development Authority

2. The assistance @ 50% of rent paid or Rs.25000/- per annum, whichever is less except mentioned in 1 above

3. · The assistance will be provided for three years

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