All information on this page is sourced only from official Government of Goa websites โ goa.gov.in, goaonline.gov.in, nhm.goa.gov.in, dhe.goa.gov.in and others. This is a free community guide by Milind Prabhu to help people understand and access these schemes. Always verify details at the official portals before applying.
Incentives To Encourage Purchases From Local Suppliers Scheme
The scheme aims to encourage consumption through local purchases and support the economies of ancillary units, local Micro, Small and Medium Enterprises, and traders. It provides a reimbursement of 2% (up to โน5,00,000/- annually) on eligible local purchases to eligible manufacturing units in Goa.
๐ค Eligibility
- The industrial unit must be under the white, green, or orange category.
- The industrial unit must be a micro/small or medium manufacturing unit.
- The applicant must purchase a minimum 50% (in value) of its raw material/ component/ tools etc. (input requirement for production) from local sources/ manufacturers.
- The applicant must be registered under the Umbrella Scheme (Goa State Incentives to Encourage Investments Scheme).
- The applicant must not have claimed similar benefit under any other scheme/program of the Government of Goa.
๐ Benefits
- Reimbursement to the extent of 2% of the cost of local purchases consumed by the eligible unit.
- The maximum reimbursement is limited to โน5,00,000/- per year.
- The local purchases mean every industrial input, including consumables, purchased from Goa (whether manufactured in Goa or not) except service.
- The value excluding Goods and Services Tax (GST) shall be considered for the calculation.
- The unit may avail benefit under this scheme for five consecutive years from the date of the first application.
- The benefits under this scheme are subject to budgetary allocation.
- No Promissory Estoppel shall be applicable if benefits are discontinued in case allocation is exceeded.
- The applicant shall allow and/or grant free access to any official authorized by the Directorate of Industries, Trade and Commerce for conducting inspection/supervision of the unit or the registers or holding discussions with the employed employees for ensuring proper utilisation of the financial incentives/subsidies granted by the State Government.
- The applicant shall time to time or as and when required submit to the Directorate of Industries, Trade and Commerce all the necessary reports, information and documents specified under the scheme or as required or directed by the Directorate of Industries, Trade and Commerce (DITC).
- If it is found that the information and documents submitted are incorrect, or the financial incentive was obtained by misrepresenting facts or submitting furnishing false information, the Government of Goa/Directorate of Industries, Trade and Commerce shall revoke the subsidy.
- The applicant shall pay back to the government the financial incentives received, or the same shall be recoverable as arrears of land revenue under the provisions of the Land Revenue Code 1968 and/or the Goa, Daman, Diu Public (Recovery & Dues) Act 1986.
- In the event of breach of any of the terms and conditions of this Declaration, the Government shall be entitled to recover the said financial incentives as arrears of land revenue under the provisions of the Land Revenue Code 1968 and/or the Goa, Daman, Diu Public (Recovery & Dues) Act 1986.
๐ How to Apply
- Step 1: The interested applicant should take a printout of the prescribed format of the application form. Alternatively, the applicant can obtain the specified application form and the Affidavit cum Declaration format, typically provided by DITC or accessible via official channels.
- Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
- Step 3: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the Directorate of Industries, Trade and Commerce. The application form must be signed by the authorized representative, dated, and sealed.
- *The application must be filed after the closure of every financial year.
- Following the review by DITC, and subject to budgetary allocation, the eligible unit shall be considered for reimbursement.
- Feedback/Comments on the Scheme may be sent on dir-indu.goa@nic.in with the subject "Feedback/Comments on Incentives to Encourage Purchases From Local Suppliers Scheme" .
Incentives to Green Investment Scheme
The scheme aims to incentivize investments by existing and new units in environmentally friendly initiatives. It provides financial support through reimbursement for Water and Energy Audits and Capital Reimbursement for Energy Conservation Equipment to eligible manufacturing units.
๐ค Eligibility
- The applicant must be a manufacturing unit.
- The applicant must fall under the micro, small, medium, or large category.
- The applicant must ensure the water and energy audits, if claimed, are carried out by a recognised institution/consultant certified by the Bureau of Energy Efficiency, Ministry of Power and Government of India.
- The applicant must ensure the energy conservation equipment, if claimed, is certified as an energy conserving fixed asset of capital nature by a recognised institution/consultant certified by the Bureau of Energy Efficiency, Ministry of Power, Government of India.
- The applicant must ensure the total subsidy received (Subsidy under this scheme + Any other Subsidy received from Government of Goa/Government of India + Interest subsidy from soft loan/low interest loan schemes) does not exceed 100% of the purchase value of the respective equipment.
๐ Benefits
- Reimbursement of 25% of the cost of water and energy audits.
- Subject to a maximum of โน1,00,000/- per unit during the validity of this scheme.
- Reimbursement of 40% of the capital cost incurred on the purchase of the equipment.
- Subject to โน10,00,000/- per unit.
- A unit can avail this benefit multiple times, subject to the maximum ceiling mentioned above.
- This benefit shall be in addition to benefits availed under State and Central Subsidy Schemes.
- The total subsidy received by the applicant towards the purchase of the said equipment must not exceed 100% of the purchase value of the respective equipment.
- For the purpose of calculation, total subsidy includes: Subsidy under this scheme + Any other Subsidy received from Government of Goa/Government of India + Interest subsidy received/receivable under any soft loan or low interest loan availed for purchasing the said equipment under any State/Central Government scheme.
- Benchmark interest for calculating interest subsidy as received due to a subsidized rate of interest will be 10%.
- The benefits under this scheme are subject to budgetary allocation.
- No Promissory Estoppel shall be applicable if benefits are discontinued because allocation is exceeded.
- The applicant must allow and/or grant free access to any official authorized by the Directorate of Industries, Trade and Commerce for conducting inspection/supervision of the unit or registers or holding discussions with employed employees for ensuring proper utilization of the financial incentives/subsidies granted by the State Government.
๐ How to Apply
- The eligible unit must apply using the specified proforma, ensuring to include a self-declaration in the format provided.
- The applicant must acquire documentary proof, such as the Water and Energy Audit report or certification for Energy Conservation Equipment, conducted/certified by a recognised institution/consultant certified by the Bureau of Energy Efficiency, Ministry of Power, Government of India.
- The applicant must obtain a Certificate from a Chartered Accountant (CA) certifying the equipment purchase value, accompanying invoices, and detailing the quantum and percentage of all subsidies (including soft loans and interest paid thereon) related to the equipment.
- The CA must also certify any benefits obtained under similar schemes of the Government of India.
- The eligible unit shall submit the completed specified proforma along with all required documents and certificates to the Directorate of Industries, Trade and Commerce (DITC), Udyog Bhavan, Panaji .
- The application will be scrutinised and recommended by the Task Force Committee (TFC), which includes the Member Secretary of Goa Energy Development Corporation or its representative.
- The applicant must agree to grant free access for inspection/supervision by authorised officials of the Directorate of Industries, Trade and Commerce and submit necessary reports and documents as required.
Incentives to Industries For Training Prospective Employees Scheme
The scheme aims to address the skill gap in Goa by supporting industrial units to provide demand-driven Short Term Training Courses through recognized institutions, thereby creating manpower suitable for the industry. It offers reimbursement for 60% of training costs up to โน60,000/- per trainee.
๐ค Eligibility
- The applicant must be a Micro, Small, Medium, or Large manufacturing enterprise.
- The applicant must have registered under the Goa State Incentives to Encourage Investments Scheme (Umbrella Scheme).
- The training must be conducted only through approved Skill Training Providers (STPs).
- The course must be a demand driven Short Term Training Course.
- The scheme shall not be applicable to cases which have claimed similar benefit under any other scheme/program of Government of Goa.
- The prospective employees/trainees must be between the age of 18 to 42 years.
- The prospective employees/trainees must fulfill the criteria of being a Goan as defined in the scheme.
- The trainee must satisfy one of the following criteria to be considered a Goan:
- The person must be born in the State of Goa.
- The person must have a 10 years Residence Certificate issued by the Mamlatdar.
- The person must have any other document indicating residence in Goa issued by the Government of India or Government of Goa or its organisations, issued prior to 10 years, to the satisfaction of the Task Force Committee (examples include Driving license, Ration card, Electoral Photo Identity Card (EPIC), or Passport).
๐ Benefits
- Reimbursement of 60% of training costs for prospective employees.
- Maximum reimbursement of โน60,000/- per employee.
- Maximum reimbursement of โน7,20,000/- per unit per year.
- The benefit is for demand-driven Short Term Training Courses.
- *The benefits under this scheme are subject to recommendation by the Task Force Committee (TFC).
- *The benefits are subject to budgetary allocation.
- The payment made to the trainees by the employer, such as stipend, wages, or allowances, shall not be considered as cost of training under this scheme.
- No Promissory Estoppel shall be applicable if benefits are discontinued in case the budgetary allocation is exceeded.
- The applicant shall allow and/or grant free access to any official authorized by the Directorate of Industries, Trade & Commerce for conducting inspection or supervision of the unit or the registers, or for holding discussions with employed employees, to ensure proper utilization of the financial incentives/subsidies granted by the State Government.
๐ How to Apply
- The applicant unit must first register as a Micro, Small, Medium, or Large manufacturing enterprise under the Goa State Incentives to Encourage Investments Scheme (Umbrella Scheme) to be eligible for incentives under this scheme.
- The employer shall draft and submit a detailed proposal for the training to the Skill Training Provider (STP), specifying the contents (theory and/or practical), duration, number of trainees, details of on-site training (if any), and the required physical infrastructure.
- The approved STP will use this proposal to determine the course fees, which the employer must then pay.
- The applicant must obtain and fill out the specified application format for the Incentives to Industries for Training Prospective Employees Scheme.
- The form requires specific details, including the unit's registration number under the umbrella scheme, Skill Training Provider details, course name, number of eligible Goan trainees (aged 18 to 42 years), fees paid, and the amount claimed.
- The applicant shall submit the completed application form, along with all supporting documents listed in the scheme's checklist, to the Directorate of Industries, Trade & Commerce.
- The application will undergo scrutiny, and the eligible units will be recommended by the Task Force Committee (TFC).
- Upon successful recommendation and subject to budgetary allocation, the approved amount shall be disbursed to the eligible unit.
- Applications should be submitted to the Directorate of Industries, Trade & Commerce (DITC), Udyog Bhavan, Panaji.
Incentives to Women Entrepreneurs Scheme, 2008
"Incentives to Women Entrepreneurs Scheme, 2008" aimed to encourage women entrepreneurship and promote self-employment by providing additional incentives such as interest subsidies and preferential treatment under capital contribution schemes. The scheme benefited women-owned industrial units.
๐ค Eligibility
- Only partnership and proprietary concerns were eligible, provided the ownership was with women to the extent of 100% in case of proprietary concerns and 51% in case of partnership firms.
- In partnership firms, the balance share of 49% should not be entirely held by the husband, father, brother, or son, and there had to be at least one additional partner other than these relatives.
- Units that had gone into commercial production or service on or after the date of publication of this scheme were eligible.
- Women entrepreneurs were given preference under the Capital Contribution and Special Capital Contribution Schemes.
๐ Benefits
- Interest Subsidy
- The interest subsidy was applicable from the interest of the quarter preceding the quarter of the first commercial production date.
- The benefit under this scheme was for a period of 5 years (20 quarters) from the quarter of applicability.
- The subsidy was limited to 1% of the total net turnover or 30% of the interest paid by the units, whichever was less, subject to a ceiling of โน5,00,000/- per annum.
- In case of the Interest Subsidy Scheme, the prescribed limit of 1% of turnover was increased to 2%, and 30% of interest paid was increased to 35%, subject to an overall ceiling of โน8,00,000/-.
- Additional Benefits
- 5% additional benefit was provided under the Local Employment Subsidy Scheme, over and above what was eligible under the original scheme.
- Preference was given in Capital Contribution and under Special Capital Contribution Schemes.
- *The Task Force Committee disbursed the amount payable within 6 months from the date of receipt of the application.
๐ How to Apply
- The applicant was required to claim the benefits under the Scheme for which additional benefits were being stated in this Scheme.
- The procedure, rules, and other requirements mandated under the Schemes, under which special benefits were granted, were applicable under this Scheme.
- The Task Force Committee, consisting of members from the Directorate of Industries, Trade and Commerce, Finance Department, and industry associations, scrutinized and recommended the applications within 3 months from receipt.
- Deadline: The eligible units had to file their claim in the specified proforma after the closing of every financial year and before 31st May.
- *If the claim for the year (four quarters) was not admitted by 31st May, it lapsed, but the eligibility continued for the balance period of benefit.
Infrastructure Development Scheme for Dairy Co-operatives
The scheme aims to provide financial assistance to Dairy Co-operative Societies for their development, smooth functioning of business, and other allied activities, enabling them to become stable and create better infrastructure. The scheme provides financial support in the form of grant or subsidy.
๐ค Eligibility
- The applicant must be a Dairy Co-operative Society in the State.
- The applicant must regularly supply the milk to the Milk Union.
- The applicant must have completed one year of its registration.
- The applicant must submit the Milk Supply Report from the Milk Union for the period for which the assistance is applied for along with the proposal.
- The applicant must approve the proposal for Government assistance in the General Body/Special General Body before submitting the proposal to the concerned office of Assistant Registrar.
- The applicant must have a minimum of 15% shareholders as Scheduled Tribe/Scheduled Caste, as the case may be, to be considered a Tribal Sub Plan/Schedule Caste Sub Plan Co-operative Society for the purpose of availing assistance.
๐ Benefits
- *The financial support is provided to meet administrative/managerial expenses on staff salaries and allowances, wages, office expenses, rent rates and taxes, and equipment.
- *The Registering Authority shall verify the utilization of the grants released.
- Above 500 liters per day: โน1,50,000/-.
- 300โ500 liters per day: โน1,00,000/-.
- 150โ300 liters per day: โน75,000/-.
- 50โ150 liters per day: โน30,000/-.
- Above 1,250 liters per day: โน3,75,000/-.
- 1,000โless than 1,250 liters per day: โน3,00,000/-.
- 750โless than 1,000 liters per day: โน2,25,000/-.
- 500โless than 750 liters per day: โน1,75,000/-.
- 300โless than 500 liters per day: โน1,25,000/-.
- 75โless than 300 liters per day: โน1,00,000/-.
- 25โless than 75 liters per day: โน50,000/-.
๐ How to Apply
- Step 1: The society shall submit the 'Milk Supply Report' from the Milk Union for the period for which the assistance is applied for, along with the proposal.
- Step 2: The concerned Assistant Registrar shall certify the correctness of the Milk Supply Report of the society by verifying the records of the society.
- Step 3: The society shall submit the proposal to the concerned O/o Asstt. Registrar in the prescribed application along with all the requirements.
- Step 4: The society shall approve the proposal for Government assistance in the General Body/Special General Body before submitting the proposal to the concerned office of the Assistant Registrar.
Intellectual Property Rights (IPR) Reimbursement Scheme
โIntellectual Property Rights Reimbursement Schemeโ is a part of the Startup Policy 2017. The objective of the policy is to make Goa an aspirational geographical and human resource base for startups. The objective is to invite the best entrepreneurial minds and build a robust startup ecosystem.
๐ค Eligibility
- All the Start-ups certified by the Start-up Promotion Cell (SPC) having a valid start-up certificate number are eligible.
- IP created for a technology-based service or product or uses technology for enhancing functionality or reach of an existing product or service is eligible.
- The applicant should have already filed or been granted an IP with the concerned authority.
- The applicant should have paid the mandatory government fees and attorney fees in this regard.
- Only expenditures incurred after notification of Goa Start-up Policy 2017 within the validity of this policy and paid for digitally would be considered.
- NOTE: If the applicant has applied for the reimbursement benefits/ grant for the same IP in any other scheme of the Centre or other State Government, then the application will be rejected.
๐ Benefits
- For start-ups registering national and international IP, the Start-up Promotion Cell will reimburse up to 50% of the cost incurred by the start-up in fees and all other costs associated with IP application , if the IP is registered successfully, subject to a cap of โน 2,00,000 for national IP and โน 5,00,000 for international IP.
- This benefit can be availed by a maximum of 200 startups each year.
- Once the application is approved by the SPC, the approved amount shall be disbursed within 60 days from the date of approval.
- NOTE 1: Under no circumstance shall the benefits under this scheme be considered an entitlement. The SPC shall reserve the sole right to accept or reject applications.
- NOTE 2: The reimbursement amount will be released/ disbursed on the seniority basis/ SPC recommendation depending upon the budget allotment of the State Government.
- NOTE 3: The reimbursement will be in the nature of a one-time payment and the applicant cannot apply under this provision more than once for the same IP application.
๐ How to Apply
- Step 1: Visit the Official Website of Goa Startup Mission.
- Step 2: Verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
- Step 3: On the Registration/Signup Page , fill in all the mandatory fields of the registration form (Country, Name, Date of Birth, Address, PIN Code, Gender, etc.).
- Step 4: Create a Login Name and a strong Password (Password can have special characters like @ # $ % ^ & + =).
- Step 5: Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes.
- Step 6: Fill in the Captcha Code, and click "Register/Signup".
- Step 7: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
- Step 8: Navigate to the online application form for the relevant scheme.
- Step 9: In the application form, fill in all the mandatory fields and upload all the mandatory documents (self-attest if required).
- Step 10: Submit the application and note the application reference number for application tracking.
- OR
- Step 1: Take a print of the proforma of the application form. Fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest if required).
- Step 2: Submit the duly filled and signed application form along with the documents to SPC via Email at spc-dit.goa@gov.in
- NOTE: The applicant can apply for this scheme at any time of the financial year but only within 6 months of incurring the relevant expenditure.
- Evaluation Process
- Step 1: On receipt of the complete application, the SPC shall inspect and verify the contents of the application. Based on the received documents, SPC will scrutinize and perform necessary due diligence on the expenses incurred by the applicant.
- Step 2: The SPC shall recommend the application for the sanction of reimbursement of the costs incurred towards filing or grant of IP as the case may be.
- Notification
- The applications received by the SPC shall be evaluated and approval or rejection shall be notified within 45 days from receipt of the application by the SPC.
Interest Free Loan Scheme To Teachers For The Purchase Of Laptops
The scheme aims to enhance the quality of teaching in schools in the State of Goa by equipping teachers with necessary Information Technology knowledge and skills. It offers an Interest Free Loan up to a maximum of โน1,00,000/- for purchasing a Laptop to regular/permanent, full-time teachers.
๐ค Eligibility
- The applicant must be a regular/permanent full-time teacher.
- The applicant must be teaching in Secondary schools or Higher Secondary schools.
- The applicant must be working in a Government school or in a Government Aided school.
- The applicant must be covered under the Administrative control of the Directorate of Education in the State of Goa.
๐ Benefits
- An Interest Free Loan up to a maximum amount of โน1,00,000/- is granted for the purchase of a Laptop.
- The loan is disbursed in the form of a Crossed Cheque.
- The Cheque is drawn in favor of the dealer.
- The Cheque is issued through Messers Goa Education Development Corporation (GEDC), Government of Goa.
- Conditions
- The purchase of the Laptop must be made from any registered or authorized dealer of the branded manufacturer.
- The Cheque amount sanctioned shall not exceed the maximum amount of โน1,00,000/-.
๐ How to Apply
- Step 1: The applicant must obtain a quotation for the laptop from a registered dealer of their choice, which includes details such as a pre-receipt, specifications, and the cost of the laptop, to be submitted along with the application.
- Step 2: The applicant must obtain the prescribed format of the application form of the scheme from the institution where he/she is currently working.
- Step 3: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
- Step 4: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the Head of the Institution. The application must be recommended by the respective Head of the Institution. The Head of the Institution must forward the recommended application to the Directorate of Education.
- Step 1: Processing at the Directorate of Education and Forwarding
- The Directorate of Education takes utmost care to process the application forwarded by the applicant teacher within a period of forty-five days.
- Once processed and approved, the Directorate of Education forwards the application and related documentation to Messers Goa Education Development Corporation (GEDC).
- Step 2: Final Verification and Release of Payment
- Messers Goa Education Development Corporation processes and verifies the application for the release of the payment or Cheque.
- This processing and the release of the Cheque are dependent upon the availability of funds.
- Step 3: Cheque Issuance to the Dealer
- The Crossed Cheque, amounting to the price of the Laptop, but not exceeding the maximum sanctioned amount of โน1,00,000/-, is drawn in the favor of the dealer chosen by the teacher.
- This cheque is then released by Messers Goa Education Development Corporation to the respective party.
Interest Subsidy on Loans for Agriculture and Allied Activities
โInterest Subsidy on Loans for Agriculture and Allied Activitiesโ is a scheme by the Dept. of Fisheries, Govt. of Goa. The bonafide agriculturist, individual of the animal husbandry/fisheries sector from Goa are provided a loan of upto โน 5,00,000 for the purpose of Agriculture and Allied Activities.
๐ค Eligibility
- For Inland Fisheries
- The applicant should own or lease any of the fisheries-related activities, such as pond, tank, open water bodies, raceway, hatchery, rearing unit, possess the necessary license for fish farming and fishing-related activities, and any other state-specific fisheries and allied activities.
- The applicant may include fishers, fish farmers (individual & groups/partners/share/croppers/tenants/farmers), self-help groups, joint liability groups, and women groups.
- For Marine Fisheries
- The applicant should own or lease a registered fishing vessel/boat, possess the necessary fishing license/permission for fishing in estuaries and sea, engage in fish farming/mariculture activities in estuaries and open sea, and participate in any other state-specific fisheries and allied activities.
๐ Benefits
- Loan of upto โน 5,00,000.
- Interest Subsidy on Short-Term Loans: 4% to farmers who promptly repay their loans.
- Interest Subsidy on Long-Term Loans: Equal to the difference between a 4% interest rate and the normal rate charged by eligible Banks, in line with their policies. The subsidy is subject to a maximum limit of 8%.
๐ How to Apply
- Step 1: The interested applicant should request the prescribed format of the application form from the department.
- Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
- Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority at the Department of Fisheries, Dayanand Bandodkar Marg, Patto Colony, Panaji Goa - 403 521, or to the official posted at BDO Office/ Sub-Offices of the Department of Fisheries.
- Grievance Redressal
- Any dissatisfaction or complaint about any service or its standards can be registered with the Department's Grievance Redressal Officer . The grievance can also be lodged on the link dir-fish.goa@nic.in . All complaints will be acknowledged by us and final action taken will be communicated within 30 days.
Interest Subsidy Reimbursement Scheme
Through the "Interest Subsidy Reimbursement Schemeโ, the projects which show immense promise and potential will be eligible for a grant of 30% of the loan interest amount, for the purpose of repayment of the interest component of a loan availed.
๐ค Eligibility
- All the Start-ups certified by the Start-up Promotion Cell (SPC) having a valid start-up certificate number are eligible to apply for this scheme.
- NOTE: Only expenditures incurred after notification of Goa Start-up Policy 2017 within the validity of this policy and paid for digitally would be considered for reimbursements under this scheme. In case digital payments are not possible then it shall be up to the decision of SPC as per its due diligence to admit the expenditure.
๐ Benefits
- Up to 3 projects that show immense promise and potential, as recommended by the Startup Promotion Cell, will be eligible for a grant of 30% of the loan interest amount, for the purpose of repayment of the interest component of a loan availed, up to โน 5,00,000 per annum, for an initial period of two years only.
- Other Startups shall be eligible for an interest repayment grant of 10% of the interest amount of a loan availed, up to โน 2,00,000 per year, for a period of two years. This benefit can be availed by 40 start-ups each year which the SPC shall select as per its guidelines.
- This amount will be in addition to any other interest subsidy or loan provided under Chief Minister Rojgar Yojana (CMRY).
- NOTE: Under no circumstance shall the benefits under this scheme be considered an entitlement. The SPC shall reserve the sole right to accept or reject applications.
๐ How to Apply
- Step 1: Visit the Official Website of Goa Startup Mission.
- Step 2: Verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
- Step 3: On the Registration/Signup Page , fill in all the mandatory fields of the registration form (Country, Name, Date of Birth, Address, PIN Code, Gender, etc.).
- Step 4: Create a Login Name and a strong Password (Password can have special characters like @ # $ % ^ & + =).
- Step 5: Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes.
- Step 6: Fill in the Captcha Code, and click "Register/Signup".
- Step 7: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
- Step 8: Navigate to the online application form for the relevant scheme.
- Step 9: In the application form, fill in all the mandatory fields and upload all the mandatory documents (self-attest if required).
- Step 10: Submit the application and note the application reference number for application tracking.
- OR
- Step 1: Take a print of the proforma of the application form. Fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest if required).
- Step 2: Submit the duly filled and signed application form along with the documents to SPC via Email at spc-dit.goa@gov.in
- NOTE: The applicant can apply for this scheme at any time of the financial year but only within 6 months of incurring the relevant expenditure.
- Notification
- The applications received by the SPC shall be evaluated and approval or rejection shall be notified within 45 days from receipt of the application by the SPC.
Interest Subsidy Scheme for Smaller Business Units
Launched in 2018, the "Internet Subsidy Scheme" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Internet Subsidy to the eligible Information Technology Units in Goa.
๐ค Eligibility
- 1. All the new and existing units must have their operations in Goa.
- 2. The applicant must be one of the below:
- Proprietorship Firm
- Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
- Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
- Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
- Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)
- 3. The bank accounts of the unit and/or its partner(s)/director(s) should be linked to Aadhaar.
๐ Benefits
- For Smaller Business Units, interest subsidy on working capital loan will be provided, subject to a maximum of โน 5,00,000 per annum, for a period of 3 years.
- NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.
- NOTE 2: This incentive is allowed to be claimed once every fiscal year, up to a maximum of 3 years.
๐ How to Apply
- Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click " Register ".
- Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
- Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, and click "Register/Signup".
- Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
- Step 5: In the top ribbon, click on "Services", then click on " IT Services ". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
- Step 6: Submit the application. A unique registration number will be generated. Note this number for future reference.
- NOTE: The applicant can apply for this scheme on a quarterly/bi-annually/annual basis after incurring the relevant expenditure.
- Disbursement Timeline
- Incentive Application Receipt: D
- Application scrutiny as per checklist: D+30days
- Application approval by the Empowered Committee: D+60 days
- Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days
Interest Subsidy Scheme, 2008
"Interest Subsidy Scheme, 2008" boosted economic growth by providing interest subsidies to Micro and Small Enterprises. The scheme offered financial incentives to new enterprises, making their operations more viable and promoting industrial growth.
๐ค Eligibility
- Only new Micro and Small Enterprises which went into commercial production after the commencement of this Scheme were eligible to avail facilities under this Scheme.
- Only those units permanently registered with Entrepreneur Memorandum II by the Directorate of Industries, Trade and Commerce were eligible under this Scheme.
- Units were eligible for the benefit for the period of 5 years (20 quarters) subsequent to the quarter in which the commercial production had commenced.
- This Scheme was applicable to industries covered under the โGreenโ list and specified โOrangeโ List (The units covered under Orange II, II B were not entitled to avail benefit under this Scheme).
- This Scheme was not applicable to units under revival plan as defined under sick unit revival policy.
- The Scheme was applicable to the units which had availed loan as term loan and working capital from nationalized banks or scheduled bank or Co-operative Bank or Economic Development Corporation Ltd. or any other Financial Institution notified by the Government of Goa.
๐ Benefits
- Incentives were given to eligible units to the extent of 1% of the total net turnover or 30% of the interest paid by the units, whichever was less, subject to a ceiling of โน5,00,000/- per annum.
- The benefit under this Scheme was for a period of 5 years (20 quarters) from the quarter of applicability.
๐ How to Apply
- Step 1: The interested applicant had to obtain the specified proforma from the Directorate of Industries, Trade and Commerce. Alternatively, the prescribed format could also be downloaded from the official website of the Directorate.
- Step 2: The applicant was required to take a print of the form, fill in all the mandatory fields, paste a passport-sized photograph, and attach copies of all the mandatory documents (self-attested, if required).
- Step 3: The duly filled and signed application form, along with the documents, had to be submitted to the Task Force Committee constituted under the Scheme.
- Deadline: The applicants had to submit the application after the closing of every financial year and before 31st May.
- Post-Application Processes
- Step 1: The Task Force Committee scrutinized and recommended the applications within 3 months from the receipt of such applications.
- Step 2: The amount payable was disbursed within 6 months from the date of receipt of the applications.
Interest Subsidy Scheme, 2017
The scheme aims to incentivize units for making their enterprises financially viable. It provides interest subsidy on term loan and/or working capital loan (up to โน25,00,000/- per year, or โน27,50,000/- for women/Scheduled Caste/Scheduled Tribe applicants) to eligible industries.
๐ค Eligibility
- The applicant must represent one of the following -
- (a) A Micro, Small and Medium manufacturing industry.
- (b) A project of Hinterland Eco tourism in lesser developed talukas registered with/recognized by the Department of Tourism/Goa Investment Promotion Board/Town & Country Planning/Planning & Development Authority/Eco Sensitive Zone Authority.
- The industry must be listed under White category, Green category and Orange category.
- The industry must have commenced production after 01-10-2017.
- The industry must engage a minimum of 60% of Goan manpower on regular employment.
- The industry must have availed loan as term loan and/or working capital loan for conducting business of the unit claiming the benefit.
- The loan must be availed from any nationalized bank, scheduled private bank, Co-operative Bank, Economic Development Corporation Limited, or any Non-Banking Financial Institutions recognized by the Reserve Bank of India.
๐ Benefits
- For claims of interest paid on term loan, subsidy will be calculated to the extent of 30% of the interest paid, subject to the scheme ceiling.
- For claims of interest paid on working capital loan, subsidy will be calculated to the extent of 1ยฝ% of the total turnover or 30% of the interest paid by the units/enterprise, whichever is less.
- The subsidy payable shall not exceed the ceiling of โน25,00,000/- per annum, calculated on pro-rata basis for part of the year as claimed.
- The subsidy payable shall not exceed the ceiling of โน27,50,000/- per annum for all women and Scheduled Caste/Scheduled Tribe applicants, calculated on pro-rata basis for part of the year as claimed.
- The period of grant of subsidy shall not exceed seven years, that is 27 continuous quarters subsequent to the quarter in which the subsidy is first claimed.
- The benefits under this scheme shall be disbursed to eligible applicants beyond the validity of this scheme, provided, application for at least one claim is submitted to the Directorate of Industries, Trade and Commerce (DITC) during the validity of this scheme.
- In case the unit fails to file the yearly claim after the first claim within the stipulated time frame, the unit shall be eligible to file the delayed claim in the subsequent year within the time frame as specified in the Umbrella Scheme.
- The facility of filing delayed claims shall not be available for the last claim.
- The lapsed claim shall not be revived by any authority.
- In case the unit fails to include any portion of interest that cannot be claimed due to non-payment before filing of application, the unit shall be eligible to claim such interest subject to payment of the same in the subsequent year.
- In case of default in payment of term loan (i.e. not paid as per schedule of repayment) reimbursement of interest shall be reduced to the extent of default.
- Only the limit of original loan granted and not rescheduled loan shall be considered for interest reimbursement.
๐ How to Apply
- Step 1: The interested applicant should take a printout of the prescribed format of the application form.
- Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
- Step 3: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the Directorate of Industries, Trade and Commerce (DITC), Goa .
- *If the applicant has more than one unit with a consolidated balance sheet, a Chartered Accountant certificate giving interest details unit-wise must be submitted, and the claim should only be made for the eligible unit.
- The Task Force Committee is responsible for the scrutiny and recommendation of the applications under this scheme.
- This committee includes the Director, Department of Tourism, as a Member, in addition to the members specified in the Umbrella Scheme.
- Upon approval, the benefits under this scheme shall be disbursed to eligible applicants, which may occur even beyond the scheme's validity, provided at least one claim application was submitted to the Directorate of Industries, Trade and Commerce during the scheme's period of force.
If you need help applying for any scheme, visit one of these offices or contact Milind's helpline.
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