Goa State Employment Subsidy Scheme for the Industries, 2008

> Additional Benefits

• 5% additional benefit under the Local Employment Subsidy Scheme.
• Preference in Capital Contribution and under Special Capital Contribution Schemes.
• Increased interest subsidy limit from 1% to 2% of turnover, with 35% of interest paid (up from 30%), subject to an overall ceiling of ₹8,00,000/-.

> Subsidy Quantum

• For new units in developed talukas: 25% subsidy.
• For new units in less developed talukas: Additional 10% subsidy (total 35%).
• For existing micro and small units in developed talukas: 10% subsidy.
• For existing micro and small units in less developed talukas: Additional 5% subsidy (total 15%).
• For sick units under revival plan: Subsidy defined by the appropriate authority, subject to a maximum of 25%.
• Total subsidy did not exceed 40% including all additional benefits.

> Disbursement

• 50% of the amount was paid upon signing the agreement.
• The remaining 50% was paid via bonds bearing 6% interest, payable after 5 years, subject to the unit being functional and employing 80% local youths at maturity.
• Disbursement was made within 15 days of claim finalization.

• Only manufacturing units were eligible.
• New and existing Micro and Small Enterprises registered with the Directorate of Industries, Trade and Commerce.
• Medium and large units approved by the High-Powered Coordination Committee after 1st April 2008.
• Units had to employ 80% local manpower (contract/temporary/daily wage employees not considered).
• Units had to fall under "Green", "Orange", or specified "Orange" categories.

_*Proprietor, partner, promoters, directors, or their relatives (spouse, father, mother, son/daughter, grandparent, son-in-law, daughter-in-law, brother, sister, first cousin) were not considered employees for subsidy claims._

> Preference/Priority

Women-owned proprietary concerns (100% ownership) and partnership firms (51% ownership by women, with at least one additional partner other than husband, father, brother, or son).

Step 1: The eligible units had to register with the Directorate of Industries, Trade and Commerce using the prescribed proforma/form.

Step 2: Submit half-yearly claims covering January-June and July-December periods. Claims had to be filed within 3 months of the half-yearly period (first half-year claim by 30th September, second half-year claim by 31st March).

Step 3: The Directorate of Industries, Trade and Commerce scrutinized and prepared a list of eligible units and forwarded it to the Task Force Committee within one month. The Task Force Committee verified claims and finalized the list within two months.

_*Any disputes could be filed with the Chief Secretary, whose decision was final._