Government of Goa to boost Goan economy by encouraging industrial investments basically for central and coastal areas of the state has announced for the Modified interest rate scheme to make investments more attractive through its undertaking EDC Limited.
To boost entrepreneurship, women empowerment and industrialization in these areas.
Period of operation
5 years (From 01.04.2012 to 31.03.2017) extended till 31.03.2018.
The units located in the talukas of Pernem, Sattari, Sanguem, Quepem, Canacona, Bicholim and Dharbandora will be eligible for interest rebate on loans availed by them and for new as well as existing industrial loans disbursed by EDC, except units set up in sectors listed in NEGATIVE LIST.
|Category||Eligibility||Quantum of rebate|
|Units located in backward Talukas of Goa||Units located in the talukas of Pernem, Sattari, Sanguem, Quepem, Canacona, Bicholim and Dharbandora.||5% p.a.|
|Units promoted by Resident / Non-Resident Goan Entrepreneurs||
|Units promoted by Women Entrepreneurs||The effective shareholding of the women entrepreneurs in the partnership/ limited company and/or share holding of the women entrepreneur in other shareholder entity/ies if any, should not be less than 74% of the total paid up capital.||2% p.a.|
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