Sarkari Yojana
Goa State Export Market Development Scheme, 2008
About Goa State Export Market Development Scheme, 2008
Introduced in 2008 by the Directorate of Industries, Trade and Commerce, Government of Goa, the “Goa State Export Market Development Scheme, 2008” set out to help Goan industries expand their export markets and gain a firm foothold for their products abroad, which in turn would drive growth and jobs. Under it, units could get interest-free loans of up to ₹5,00,000/- to take part in shows/exhibitions held outside India and to undertake market study tours overseas. The Directorate of Industries, Trade and Commerce, Government of Goa, handled its implementation, and the scheme continued until 31st March, 2011.
Scheme Overview
State Government
Business Entity
15 Jan 2009
31 Mar 2011
Scheme Details
Eligibility Requirements
To qualify for Goa State Export Market Development Scheme, 2008, applicants must satisfy the following conditions:
Eligibility was restricted to units established in Goa…
Eligibility was restricted to units established in Goa holding permanent registration or Entrepreneurs Memorandum II acknowledgement from the Directorate of Industries, Trade and Commerce.
A unit needed at least three years of…
A unit needed at least three years of operation behind it.
An import/export code was mandatory, issued by the…
An import/export code was mandatory, issued by the Reserve Bank of India/Government of India or another competent authority of the Government of India.
Across the three financial years immediately before applying,…
Across the three financial years immediately before applying, the unit's total turnover could not be more than ₹10,00,00,000/-.
Any single unit was allowed to use this…
Any single unit was allowed to use this facility just once during its entire lifetime under the Scheme.
Where the original unit had already received benefits…
Where the original unit had already received benefits under this Scheme, a unit that was sold/transferred could not claim any further benefit.
Benefits Provided
Goa State Export Market Development Scheme, 2008 provides the following benefits to eligible applicants:
Units could borrow up to ₹5,00,000/- interest-free to…
Units could borrow up to ₹5,00,000/- interest-free to participate in shows/exhibitions held outside India.
The same interest-free loan of up to ₹5,00,000/-…
The same interest-free loan of up to ₹5,00,000/- was available for market study tours abroad.
Repayment was spread across five years through equal…
Repayment was spread across five years through equal installments every half-year. Late repayment attracted interest at 14% per annum.
Documents Required
Applicants should keep the following documents ready before starting the application:
A photocopy of the Permanent Registration Certificate
A photocopy of the Permanent Registration Certificate.
A photocopy of the Import/Export Goods Certificate
A photocopy of the Import/Export Goods Certificate.
Financial statements for the three preceding years, certified…
Financial statements for the three preceding years, certified by a Chartered Accountant.
Collateral Security matching either the contribution requested or…
Collateral Security matching either the contribution requested or the amount the unit was entitled to.
Post Dated Cheques covering the fixed repayment installments
Post Dated Cheques covering the fixed repayment installments.
2009-01-15
How to Apply
Offline Application
Applicants can apply for Goa State Export Market Development Scheme, 2008 through the offline application process outlined below.
Applicants collected the specified proforma from the Directorate…
Applicants collected the specified proforma from the Directorate of Industries, Trade and Commerce, or downloaded the prescribed format from the Directorate's official website instead.
After printing the form, the applicant completed every…
After printing the form, the applicant completed every mandatory field, affixed a passport-sized photograph and enclosed copies of the required documents, self-attested where needed.
The completed and signed form, together with the…
The completed and signed form, together with the documents, was then handed in to the Director, Directorate of Industries, Trade and Commerce. Deadline: Applications had to reach the Directorate no less than 30 days before the study tour or exhibition. Post-Application Processes Within two weeks, the Director of Industries, Trade and Commerce communicated the decision to the unit, and on approval the Directorate of Industries, Trade and Commerce released the loan. A promoter who used the facility was required to file a detailed report within 30 days of returning from the visit.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.