The scheme allows applicants to apply for assistance for any one of the eligible business activity types: Micro and Small Manufacturing Enterprises, Service Enterprises, or Trade Enterprises. Applicants need to choose the category that aligns with their intended business activity.

Loans are recovered through various legal means, including arrears of land revenue and actions under the Public Money Recovery Act, Debt Recovery Tribunal (DRT), or other relevant Acts and rules.

The moratorium period, which is the period during which the borrower is not required to make loan repayments, is flexible and determined at the discretion of GTEGP-TFC.

Yes, the loan amount is limited to ₹2,00,000 for certain cases. Beyond that, the scheme specifies different requirements, including personal guarantees and notarized copies of ownership documents, depending on the loan amount.

Farming activities, tobacco products, and red-category industries are not eligible for financial assistance under this scheme.

Yes, there is a service charge of ₹50,000 for every ₹1,00,00,000 of subvention disbursed to beneficiaries. Additionally, 1% of the interest at the rate of 2% per annum recovered from the beneficiaries is also collected as a service charge for EDC (Economic Development Corporation).

The GTEGP-Task Force Committee is responsible for overseeing and implementing the scheme. It consists of five members, including the Managing Director of EDC Ltd., the Deputy Director of Tribal Welfare, a representative of the Association of Tribals, the Deputy Director (Administration) from the Department of Industries, Trade & Commerce, and a Chartered Accountant appointed by the Government.

In case of default in loan repayment, the outstanding amount is to be recovered as arrears of land revenue or under the Public Money Recovery Act or relevant legal provisions.

The project report should include quotations for assets, registration of the unit where necessary, NOC/trade license from the local authority, and any other NOCs required from government departments or authorities.

Beneficiaries are required to undergo compulsory entrepreneurship training, which lasts up to 7 days and must be completed within six months from the date of loan sanction. The training aims to equip individuals with the necessary skills to manage their businesses effectively.

Security is provided through a first charge of mortgage/hypothecation of fixed assets (e.g., building, machinery) and/or current assets (e.g., trading goods, raw material).

The repayment schedule is flexible, ranging from 60 to 120 Equated Monthly Installments (EMIs), as per the discretion of GTEGP-TFC (Goa Tribal’s Employment Generation Programme - Task Force Committee).

The interest rate is 4% per annum, and there is no penal interest mentioned in the scheme, which can be advantageous for beneficiaries.

Yes, for Trade Enterprises dealing with agricultural produce, a maximum working capital limit of 100% is allowed.

For Micro & Small Manufacturing Enterprises, the maximum project cost is ₹25 lakhs.

The eligible activities include Micro and Small Manufacturing Enterprises, Service Enterprises, and Trade Enterprises.

The primary objective of the scheme is to provide financial assistance and incentives to tribal individuals to start micro and small businesses, thereby generating employment opportunities for themselves.