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Goa

Incentives to Encourage Consumption of Local Raw Material Scheme, 2008

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Incentive
Industry
Manufacturing
MSME
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Benefits
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Application Process
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Frequently Asked Questions
Launched in 2008, the scheme "Incentives to Encourage Consumption of Local Raw Material Scheme, 2008" by the Directorate of Industries, Trade and Commerce, Government of Goa aimed to encourage the consumption of local raw materials, thereby supporting units manufacturing such materials and promoting the economies of villages supplying or producing these raw materials, including those in horticulture, food processing, and cluster businesses. The scheme provided financial incentives such as reimbursement of up to 90% of Sales Tax paid and a 25% subsidy on power and water bills, subject to certain conditions. Eligible units included Micro, Small, and Medium Enterprises (MSMEs) under the green and specified orange categories, which consumed a minimum of 50% local raw materials. The scheme was implemented by the Directorate of Industries, Trade and Commerce, Government of Goa. The scheme remained in force until 31st March, 2011.
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