Scheme Name: Employment Subsidy Scheme, 2017

State: Goa

Description of the Scheme: Create an environment conducive for attracting investment and to incentivise existing units to be competitive while giving boost to local employment.

Target group :

Sector of the Scheme:

Eligibility Criteria: 1. Micro, Small, Medium and Large manufacturing industries listed under White category, Green category and Orange category are eligible.
2 .The projects of Hinterland Eco tourism in lesser developed talukas registered with/ recognised by the Department of Tourism/ Goa IPB/ Town & Country Planning/PDA/Eco Sensitive Zone Authority will also be eligible to avail benefits under this scheme subject to fulfilment of all the other eligibility criteria.
3. Enterprises engaging a minimum of 60% of Goan manpower on regular employment are eligible for benefits under this scheme. (for the purpose of this condition, employees who are employed on the enterprise's payroll continuously during the claim year shall be considered for benefit as also for percentage of Goans employed.)
4. All the Goan employees upto 60 years of age who are paid gross salary of more than Rs. 8,000/- per month shall be considered. For this purpose, gross salary shall mean all benefits paid to an employee except bonus (in whatever name it is called) and reimbursement of travelling expenditure. However, those Goan employees who are paid gross salary of less than Rs.8,000/- per month shall be eligible for the purpose of counting the percentage of Goan manpower and not for calculation of subsidy.

Nature & Mode of Assistance: Calculating benefit, reimbursement shall be restricted to Rs.7,000 per Goan employee per month. Total subsidy shall not exceed Rs.25 lakh per annum, on pro rata basis depending on the date of production.

"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/2018/06/Employment-Subsidy-Scheme.pdf

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