Pendinglow confidenceEconomy

Create a ₹500-crore MSME fund for interest-free and low-interest loans

Bharatiya Janata Party · Gujarat Legislative Assembly Election 2022

Last updated 12 Oct 2026

What does this status mean?

The term is active and there is no evidence of action or reversal.

Status describes delivery. Confidence describes how strong the available evidence is.

Original manifesto wording

“We will constitute a ₹500 crore fund, under which we will: Provide interest-free loans for technology upgradation and better market access to MSMEs; Provide short-term low-interest loans for working capital requirements.”

From the Bharatiya Janata Party manifestoView Manifestop.22

Our Assessment

The reviewed official industrial-assistance material includes interest subsidies and other MSME credit programmes, but does not identify the promised ₹500-crore state fund or disbursements of its two loan products. An interest subsidy on an ordinary loan is not proof of an interest-free loan under this fund.

The reasoning behind the verdict

Why this assessment?

Reviewed 12 Oct 2026

01 · Delivery status

Why pending?

No fund notification, financing record or beneficiary data directly linked to the promised ₹500-crore facility was verified.

02 · Strength of evidence

Why low confidence?

Related schemes exist, but their terms and budgets do not establish the named fund or its promised lending products.

What would help us reassess?

The documents that could clarify delivery of this commitment.

Government order establishing and capitalising the ₹500-crore fund
Loan terms and disbursement totals separately for technology/market-access and working-capital borrowers

Status describes delivery. Confidence describes the evidence.

Read our methodology ↗