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Goa

Goa State Employment Subsidy Scheme for the Industries, 2008

Employment
Entrepreneur
Incentive
Industry
Subsidy
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
Launched in 2008, the scheme "Goa State Employment Subsidy Scheme for the Industries, 2008" by the Directorate of Industries, Trade and Commerce, Government of Goa aimed to promote industrial growth, create a healthy environment for setting up new industrial units, revive sick industrial units, provide employment to local youths, and create manpower suitable to the needs of the industry. The scheme offered additional benefits such as a 5% increase in local employment subsidy, preference in capital contribution, and increased interest subsidy limits. Eligibility was limited to manufacturing units, including new and existing micro, small, medium, and large enterprises, with a focus on units employing 80% local manpower. The scheme was implemented by the Directorate of Industries, Trade and Commerce, with a Task Force Committee responsible for scrutinizing and recommending benefits. The scheme was in force until 31st March 2011.
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