Wyaaj Sahaay Scheme for Transport and Food Business Gujarat

Overview

The Transport, Logistics, Travels, and Food Court Wyaaj Sahaay scheme is a Gujarat government initiative that provides interest subsidy on loans taken by self-employed individuals in these sectors. It is designed to lower the cost of capital for small entrepreneurs operating in transport and food-related services.

Objective

The scheme encourages entrepreneurship in the transport, logistics, travel, and food service sectors by making bank loans more affordable through direct interest support. It aims to generate employment and self-reliance among targeted communities.

Benefits

• Direct interest subsidy on eligible loans from approved banks
• Covers multiple business categories including transport, travels, and food courts
• Reduces effective loan cost, improving business viability
• Annual subsidy credited directly to the borrower’s loan account

Eligibility

• Must be a permanent resident of Gujarat
• Age between 18 and 55 years
• Business must fall under transport, logistics, travels, or food court categories
• Must have taken a loan from an approved bank or financial institution
• Annual income should be within the limit set by the state government

Exclusions

• Businesses outside the specified categories are not eligible
• Loan accounts that are non-performing or in default are excluded
• Those who have already received full interest subsidy under another scheme
• Applicants who are regular salaried employees and not self-employed

Application Process

1. Take a business loan from an approved bank for the eligible activity
2. Approach the relevant state corporation or district office for the subsidy
3. Fill and submit the Wyaaj Sahaay application form
4. Attach the loan sanction letter and other required documents
5. The office verifies details and forwards to the sanctioning authority
6. Subsidy is credited to the loan account upon approval

Documents Required

• Loan sanction letter from the bank
• Business registration or trade license
• Aadhaar card and Gujarat residence proof
• Income certificate
• Bank account statement and passbook copy
• Photographs of the business premises