Maharashtra MSME Revival Fund: Consultancy
Directorate of Industries, Government of Maharashtra · Central government
Maharashtra's MSME revival fund pays consultancy fees for revival planning and gives working capital support and interest subvention to sick or closed units.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
The Consultancy Fees Coverage for Revival Planning scheme sits within the Maharashtra Industries Investment and Services Policy 2025. It targets Micro, Small and Medium Enterprises in Maharashtra that are in difficulty, including units classified as 'sick' or 'closed'.
Under the scheme, the state government has set up an MSME Revival and Rehabilitation Fund. The fund meets the cost of consultancy fees for revival planning, so that distressed units can obtain expert advice without having to pay upfront.
Support under the fund is not limited to consultancy fees. It also covers working capital assistance to keep operations running, deferment of loan repayments to ease immediate financial pressure, and interest subvention to bring down borrowing costs.
Together these measures are intended to give MSMEs the resources and time needed to carry out recovery strategies, protect jobs, and support economic stability and growth in Maharashtra.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Required
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Maharashtra
- The MSME unit must be sick or closed. - The unit must be located in Maharashtra.
How to apply
MSME units wishing to avail benefits under the 'Consultancy Fees Coverage for Revival Planning' programme must submit their application via the designated online portal for the Maharashtra Industries Investment and Services Policy 2025, which is generally the MAITRI portal. As part of the application, the unit has to furnish detailed documentation establishing that it is 'sick' or 'closed', together with a comprehensive revival plan. This plan ought to set out the strategies, financial projections and the particular consultancy services for which coverage is being sought. Applicants must also submit financial statements, particulars of existing loans for which deferment and subvention are sought, and other relevant incorporation and operational documents. Applicants are advised to go through the specific application guidelines and prescribed formats available on the MAITRI platform so that the submission is complete and compliant.
How applications are assessed
Applications received under the MSME Revival and Rehabilitation Fund are examined by a dedicated committee, usually made up of officials from the Department of Industries and, where required, financial experts. This panel verifies whether the MSME unit meets the eligibility criteria — that is, whether it qualifies as 'sick' or 'closed' — and weighs the viability and likely impact of the revival plan put forward. Among the aspects scrutinised are the unit's financial health, how workable the consultancy-led turnaround strategy is, and the economic contribution and employment the unit could generate once revived.
Further due diligence may be carried out, and applicants who make the shortlist may be asked to take part in discussions or presentations so that details of their revival strategy and funding requirements can be clarified.
Frequently asked questions
Who is eligible for this program?
Maharashtra's scheme applies only to Micro, Small and Medium Enterprises (MSME) units within the state that are classified as 'sick' or 'closed', and its purpose is to help businesses in severe operational and financial distress recover.
What specific types of financial support does the program offer?
The programme offers MSME units a package of support: it covers consultancy fees for preparing a revival plan, provides working capital to steady operations, allows existing loan repayments to be deferred, and grants interest subvention to bring down borrowing costs.
Is the working capital support provided as a loan or a grant?
Consultancy fee coverage and interest subvention under the programme are non-repayable grants or subsidies; whether working capital support takes the form of a grant or a loan depends on the terms set out in the wider policy.
How do MSME units apply for this support, and what documents are needed?
Applications are generally filed online through the MAITRI portal, the official platform for schemes under the Maharashtra Industries Investment and Services Policy 2025. Along with incorporation documents, applicants must submit proof of 'sick' or 'closed' status, a detailed revival plan, financial statements and particulars of existing loans.
What is the typical duration of the support provided under this fund?
The policy document does not fix a duration for each benefit; it specifies the types of support instead. Consultancy fee and working capital assistance is meant to enable revival planning and initial implementation, while loan deferments and interest subvention remain active for the periods set out in the individual agreements.
Are there any specific industry restrictions for eligible MSMEs?
The programme does not list any industry restrictions. Any MSME unit in Maharashtra that meets the 'sick' or 'closed' criteria may apply, regardless of sector.
Sectors
- Msme Revival
- Sick Units
- Closed Units
- Maharashtra Industries
- Consultancy Fees
- Working Capital
- Interest Subvention
Details last verified on 22 September 2026. Source: the issuer's published information.