Kerala Stressed MSMEs Revival and Rehabilitation Scheme
തകർച്ച നേരിടുന്നതും പ്രവർത്തന രഹിതവും ആയ സൂക്ഷ്മ ചെറുകിട ഇടത്തരം വ്യവസായങ്ങൾ, കശുവണ്ടി സംസ്കരണ യൂണിറ്റുകൾ പുനരുജ്ജീവിപ്പി ക്കുന്നതിനുള്ള പദ്ധതിHelp for MSMEs in financial stress to clear bank overdues and take a fresh bank loan under a revival plan, now part of one combined revival scheme with the defunct units scheme.
Last updated on
- Cost to apply
- No fee mentioned on the official page
- Status
- Open
- Run by
- Directorate of Industries and Commerce, Kerala
What you get
- Under the combined scheme from 2023-24, 50% of the bank loan overdue, up to ₹1 lakh
- A grant linked to an additional or new bank loan, up to ₹5 lakh
- Up to ₹6 lakh in total for a stressed unit, and both parts can be claimed in one application
- The older English page lists margin money of 50% up to ₹2 lakh, 6% interest subvention up to ₹1 lakh, restart costs, 50% of statutory dues up to ₹40,000 and the revival report cost up to ₹10,000, with a ₹5 lakh total
Who can apply
- Businesses that are already running.
- Open to businesses in manufacturing.
- Micro, small and medium enterprises.
- The most on offer is ₹6 lakh.
- MSME showing signs of stress
- The new bank loan must follow a project report recommended by the district level expert committee
- Only one component per unit, except that a stressed unit can claim the overdue and new loan parts together
How to apply
- Get a revival project report recommended by the district level expert committee
- Get the bank to restructure the loan or sanction the new loan
- Apply online or at the Taluk Industries Office
In person, Taluk Industries Office or District Industries Centre
In Kerala, Taluk Industries Office and District Industries Centre
Figures you may see elsewhere
The English page gives a ₹5 lakh cap with a different set of benefits. The Malayalam page for the merged scheme gives ₹6 lakh for stressed units. The Malayalam page is newer and is used here
Worth knowing
The Malayalam site says the stressed and defunct schemes ran until 31 March 2023 and were merged for 2023-24 onward by G.O.(Rt) 867/2023/ID of 24 August 2023. The English site still shows the older separate scheme.
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.