Atmanirbhar Gujarat Sahay scheme from May 21

RAJKOT: Under the Atmanirbhar Gujarat Sahay scheme being implemented from May 21 by the central government, Gujarat is likely to get Rs 5,000 crore, claimed a release issued by the state government.
Under this scheme which aims to make the beneficiaries financially independent, each applicant will get a loan of up to Rs 1 lakh with two percent interest for three years. For initial six months, the loanee will not have to pay the instalments.
This scheme is likely to benefit about 10 lakh small time businessmen in the state including grocery shop owners, vegetable vendors and autorickshaw drivers. “A scheme like this is a boon for us. With the help of this scheme, I will be able to buy items needed in my shop, once the lockdown opens,” said Nilesh Sapia, a grocery shop owner in Jamnagar.
Echoed Hiren Sharada, a mechanic shop owner in Jamnagar: “A Rs 1 lakh loan is very precious to small time businessmen like me, and the six months leeway period only adds to the sheen.”