Sri Y.S. Jagan Mohan Reddy
Hon'ble Chief Minister
Government of AP

About ReSTART Package

Government of Andhra Pradesh has recognized the need to support Industrial sectors in wake of Covid – 19 and enable them to ReSTART their operations. In order to provide the necessary support, Government has extended the following package across industrial sectors.

1)   Waiver of fixed /demand charges against contracted maximum demand for MSME manufacturing and allied units for a period of 3 months from April 2020 to June 2020.

2)   Working capital loans - To enable the Micro and Small Manufacturing and allied Units for meeting the liquidity crisis, a loan of Rs.2.00 Lakhs to Rs.10.00 Lakhs will be provided to MSMEs @ 6% - 8% interest rate plus processing fee of 0.25 %.

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Note: There is no processing fee for applying of ReSTART package
Eligibility Criteria for ReSTART Package
  1. All MSME/Large/Mega units which were functional just before the lockdown i.e before February 2020 and previously will be eligible to avail the benefits under ReSTART as applicable to their category.
  2. Seasonal units which or operational during such specific seasons during the period of financial year 2019-20 will also be eligible.
  3. The manufacturing and allied units under the above category will be eligible.
  4. All units shall apply for eligibility under ReSTART on or before June 30th, 2020.
List of Documents required
  1. IEM Part-B (For Large / Mega Units) or UAM /EM Part II Acknowledgement for MSMEs. .
  2. Power Consumption Bills for last 4 months (Oct'19 to Jan'20).
  3. GST certificate (where applicable).
  4. PAN card.
  5. AADHAR card.
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