Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs — Frequently Asked Questions
Answers to the questions founders most often ask about Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
Who can use this payment facility?
Only enterprises that the competent authority in Chhattisgarh has formally declared sick. That declaration is the qualifying condition — without it, an application cannot be taken forward.
How much funding does it provide?
None. This facility does not disburse any money. Its value varies from one enterprise to another because it is tied to the dues being restructured rather than to a fixed grant or loan figure. What you receive is the ability to pay those dues over a longer period.
Which dues can be cleared through it?
The principal amount of the pending dues, along with the penalties, interest and surcharges that have accumulated on them.
What repayment options are available?
Two. You can opt for 36 monthly instalments of equal value, or 12 quarterly instalments of equal value.
Is there a deadline to apply?
No. The facility is rolling and always open, so there is no last date to meet.
Does the government take equity in my company?
No. This is a restructuring of existing dues, not an investment. No shares are issued and no ownership stake changes hands.
How does an enterprise get declared sick in the first place?
Financial institutions or designated government bodies make that determination. They assess factors such as the enterprise's financial performance, the erosion of its net worth and its inability to meet debt obligations.
What should my application contain?
The official sick enterprise declaration, a clear statement of the outstanding dues, and your preferred instalment plan — monthly or quarterly. The application goes to the designated department within the Government of Chhattisgarh or the implementing agency that handles industrial incentives.
Where do I apply, and where can I read the rules?
Applications are made through the state's single-window portal at https://swsportal.cgstate.gov.in/login/. The detailed terms sit in the Chhattisgarh Industrial Development Policy 2024-30 document, which is available on the Invest Chhattisgarh website.
Are there sector, stage or entity-type restrictions?
The published eligibility condition sets out none of these separately. It applies to enterprises operating in Chhattisgarh that carry a formal sick declaration, and that declaration is the criterion that decides the matter.
Is DPIIT recognition required for Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs, though having it can strengthen your application and unlock other benefits.
Who is eligible to apply for Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs?
Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs is open to startups at any stage. It is open to startups registered anywhere in India.
Who offers Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs?
Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs is offered by Department of Industries, Government of Chhattisgarh, a government body. It is provided as non-dilutive funding.
How do I apply for Chhattisgarh Payment Facility for Sick Enterprises — 36 EMIs?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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