Gandhinagar, Oct. 16 -- The Gujarat government has removed the mandatory bank loan requirement for micro, small and medium enterprises (MSMEs) to qualify for industrial incentives, allowing entrepreneurs investing their own capital to access the benefits, Deputy Chief Minister Harsh Sanghavi said on Wednesday.

The announcement came as the state government transferred Rs 1,100.19 crore to 14,853 industrial units through a single-click mechanism at a programme in Gandhinagar.

The government has also reduced around 16 paperwork and documentation requirements to simplify the incentive process and accelerate administrative clearances.

MSMEs Receive Rs 444 Crore In Industrial Incentives

Of the total incentives disbursed, Rs 444.03 crore was...