the goan I network
PANAJI
The Government of Goa has drafted a new scheme -- the Goa State Financial Incentives for Promotional Activities Scheme -- aimed at providing “exposure to the budding industries in Goa to the markets and competition so as encourage positive growth in the industrial sector.”
The scheme will give financial incentives to government, autonomous, or statutory bodies, academic institutions, cooperative societies, industry associations, private bodies, SHGs, etc.
The scheme which consists of three components shall be implemented for the activities related to industrial seminars, workshops, training programmes or conferences, exhibitions, fairs and study tours which create awareness, disseminate information and development of market and exposure to the industrial sector.
For a body organizing a seminar or conference, applicants shall be eligible for a financial assistance up to 50% of the estimated cost of the event subject to a maximum of Rs 4 lakh. However, in case the said event is co-organised by the Directorate of Industries, Trade & Commerce, there shall be no financial ceiling save for the annual ceiling under this component which is Rs 30 lakh.
In case of organizing a fair/exhibition, quantum of assistance shall be 50% of the estimated cost subject to a maximum of Rs 10 lakh per event and in case the State participates in national level exhibitions/fairs jointly with state-level industry associations or a state chapter of apex industry associations like FICCI, CII, ASSOCHAM & PHD Chamber of Commerce etc., financial assistance shall be provided for common items of expenditure like space rentals, construction of stall, publication of literature etc.
Finally, for bodies organizing study tours, assistance may be provided for organizing domestic study tours for exposure to various aspects of industries sector. The applicant shall be eligible for financial assistance of 50% of the cost up to a maximum of Rs 4 lakh per batch within the country.
The event to be organised by these bodies shall be beneficial to the industrial sector in the State.
Financial incentives to govt, autonomous, or statutory bodies, academic institutions, cooperative societies etc
To be implemented for activities related to industrial seminars, workshops, training programmes or conferences
Aid upto Rs 4 lakh for organising seminars; for exhibitions, fairs finance of upto Rs 10 lakh
Trade bodies organising study tours to get aid of upto Rs 4 lakh
No financial ceiling if event is co-organised by Directorate of Industries, Trade & Commerce, save for annual ceiling under this component @ Rs 30 lakh
Financial assistance shall be provided for common items of expenditure like space rentals, construction of stall, publication of literature etc.
