Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector: EPF Reimbursement
The “Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector” aims to provide incentives to attract increased investments in the manufacturing sector to create more employment opportunities in Gujarat.
About This Scheme
The “Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector” is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state’s dynamic large-industry sector, which significantly contributes to employment, GDP, and exports. Effective from October 5, 2022, to October 4, 2027, this initiative supports growth, investments, and the vision of “Aatmanirbhar Gujarat” and “Aatmanirbhar Bharat.”
The component “EPF Reimbursement” offers financial assistance to eligible large industrial undertakings in Gujarat for the employer’s contribution to the Employees’ Provident Fund (EPF) for new employees. This assistance is available for a maximum period of 10 years from the date of commencement of commercial production.
Benefits
Full reimbursement of employer’s contribution: 100% of the employer’s statutory EPF contribution will be reimbursed for eligible new employees.
Financial ceiling per employee: The reimbursement amount is limited to 12% of the employee’s basic salary plus Dearness Allowance (DA) and retaining allowance, or ₹1800/- per month, whichever is lower.
Long-term support: The reimbursement is available for a period of up to 10 years from the date of commencement of commercial production.
Eligibility Criteria
A new large industrial undertaking, or an existing one that undertakes expansion and/or diversification, is eligible for this scheme.
The large industrial undertaking must have obtained acknowledgment/registration, as the case may be from DPIIT.
The industry should commence commercial production during the scheme’s operative period.
Must have new employees (those who do not have a Universal Account Number or UAN prior to joining the undertaking).
Must not have availed EPF reimbursement under any other central or state government schemes for the same period.
Exclusions
An eligible industrial undertaking that has availed EPF reimbursement under any scheme of the central / state government, or any agency of the central/ state government, shall not be eligible for EPF incentive under this scheme for that period.
Application Process
Apply Online
Registration Process:
Step-1: Visit the
Investor Facilitation Portal (IFP)
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
Investor Facilitation Portal (IFP)
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:
Contact Here
Large Industrial Undertaking
A large industrial undertaking means an industrial undertaking in which the fixed capital investment made in Plant and Machinery is higher than INR 50 crores, and for which an Industrial Entrepreneurs Memorandum has been filed or any other license or permission as prescribed by the Government of India, has been obtained.
The large industrial undertaking must have obtained acknowledgment/ registration, as the case may be from DPIIT.
Thrust Sector
Thrust sector
means the sector which is most potential sector and needs additional support to make them viable for global competitiveness.
Gross Fixed Capital Investment (GFCI)
Gross Fixed Capital Investment means the investment made in iand, building, plant and machinery, utilities, tools and equipment, and other fixed assets required to manufacture the end product. Assets acquired and paid for during eligible investment period of the project under this scheme shall be considered for determining the gross fixed capital investment.
Eligible Fixed Capital Investment (EFCI)
Eligible Fixed Capital Investment means following investment made on or after the date of issue of this GR and up to the last date of the eligible investment period as per para-3 of this G.R. Provided that, large industrial undertakings opting /applying under this scheme as per clause 16.2 or clause 16.4 of this scheme, the investment made during the operative period ofthe previous scheme till the date of issue of this GR shall also be considered for calculating eligible FCI.
Date Of Commercial Production (DaCP)
In case of new industrial unit, the DoCP shall be the date of first sale bill of the product(s) for which the project has been set up. In case of expansion and/or diversification projects, the DoCP shall be the date of first sale bill of the product(s) being manufactured by the expansion and/or diversification project.
Official Source: View on myScheme.gov.in
Eligibility Criteria
A new large industrial undertaking, or an existing one that undertakes expansion and/or diversification, is eligible for this scheme.
The large industrial undertaking must have obtained acknowledgment/registration, as the case may be from DPIIT.
The industry should commence commercial production during the scheme's operative period.
Must have new employees (those who do not have a Universal Account Number or UAN prior to joining the undertaking).
Must not have availed EPF reimbursement under any other central or state government schemes for the same period.
Benefits
Full reimbursement of employer’s contribution: 100% of the employer’s statutory EPF contribution will be reimbursed for eligible new employees.
Financial ceiling per employee: The reimbursement amount is limited to 12% of the employee’s basic salary plus Dearness Allowance (DA) and retaining allowance, or ₹1800/- per month, whichever is lower.
Long-term support: The reimbursement is available for a period of up to 10 years from the date of commencement of commercial production.
Application Process
Apply OnlineRegistration Process:
Step-1: Visit the Investor Facilitation Portal (IFP)
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 Investor Facilitation Portal (IFP)
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: Contact Here
References & Official Links
Scheme Details
| Full Name | Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector: EPF Reimbursement |
| Short Title | AGSLITEPF |
| Level | State |
| Scheme For | Infra |
| Categories | Business & Entrepreneurship |
| States | Gujarat |
| Gender | All |
| Age Range | Any — 10 years |
| Area | Both |
| Source | myScheme.gov.in ↗ |