State Schemes for MSMEs

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Scheme Name: Incentives to encourage Purchases from Local Suppliers Scheme, 2017

State: Goa

Description of the Scheme: Reimbursement cost of every industrial input, including consumables, purchased from Goa (whether manufactured in Goa or not) except service.
Subsidy 2% of the cost of eligible local industrial input = Rs.2,00,000. Since the subsidy is calculated as 2% of the cost of eligible local industrial input or Rs 5.00 lakh, whichever is less, the unit shall be granted a subsidy of Rs.2,00,000.

Target group :

Sector of the Scheme:

Eligibility Criteria: 1. Only those units under white, green and orange category shall be eligible under this Scheme.
2. The micro, small and medium manufacturing units purchasing minimum 50% (in value) of its raw material/ component/ tools etc (input requirement for production) from local sources/ manufacturers shall be eligible for the benefit.

Nature & Mode of Assistance: Units under white, green and orange category shall be eligible. Micro, small and medium manufacturing units purchasing minimum 50% (in value) of its raw material/component/tools, etc., (input requirement for production) from local sources/ manufacturers shall be eligible for the benefit.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: https://www.goa.gov.in/wp-content/uploads/2019/07/Incentives- to-encourage-purchases-from-local-supplies-scheme-2017.pdf

Whom to Contact: Directorate of Industries, Trade and Commerce (DITC)

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