Scheme Name: Self Employment Scheme

State: Goa

Description of the Scheme: Financial support will be advanced up to a maximum Rs.10 lakh to any individual person belonging to ST community to undertake any self-employment activities.

Target group :

Sector of the Scheme:

Eligibility Criteria: This Scheme will be open for all residents of Goa with minimum 15 years of domicile and upto 40 years of age having minimum educational qualification of Std VIII in any medium of instruction. In case of handicapped / widows and deserving cases, age relaxation of over 5 years and educational qualification upto III, may be considered only in case of widows and deserving cases. The scheme shall also be Open for the Women Groups/Self help Groups of women to sell their products and a maximum of 30% of the total number of kiosks shall be reserved for such groups including Scheduled Caste/ Handicapped/ Scheduled Tribe / and also OBC.

Nature & Mode of Assistance:

Loan/Financial assistance will also be made available to extent of Rs.15 lakhs to Association/Societies/Partnership/Self-help groups (SHG)/Companies formed exclusively by member of ST community.

Beneficiary is required to contribute 10% margin money towards cost of project.

Repayment: Repayment period shall be 10 years and decided at the time of sanctioning loan for particular type of self- employment activities or block for particular category of business activity.

Guarantor:

Applicant will have to provide two guarantor/surety who is having a sound financial status or income tax payee or property owner. One guarantor should necessarily be a Government

servant.

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

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

How to apply: Department of IT, Goa

Whom to Contact: Department of IT, Goa