Saturday, April 18, 2009

EXPORT MARKET DEVELOPMENT SCHEME

Inorder to encourage Goan industry to improve export market financial assitance in the form of interest free loan upto to five lakhs repayable over five years will be granted provided the unit has been in operation for atleast five years, has Import/Export code and its turn over does not exceed five crores during preceeding three years.Unit which would be set up within one year from the date of publication of the industrial policy will be considered for additional benefits under various incentives/subsidies. The additional incentives shall be detailed in the scheme The Government is remitting fifty percentage of the stamp duty payable under the Stamp .This facility is available to SSI units for executing legal documents like hire purchase agreements, lease deed documents etc, in respect of allotment of sheds and plots by Goa IDC.The Corporation has renewed its transfer and sub leasing guidelines with an objective to facilitate/give impetus to industrial growth & development in the state, to achieve optimum utilization of land, to ensure that genuine transfer are not affected on account of routine business decisions and to discourage profit-making by state of plots.In other words, the guidelines, the guidelines are more liberalised by reducing the transfer fees and sublease fees, etc. Industries which would be given preference or over riding priority in matters of clearances/ registration/ allotment of plots etc. are - Information Technology, agro, based, foods (including fisheries) processing, tourism, electronics (including computer software manufacturing and telecommunications) bio-technology, light engineering goods, pharmaceuticals, wood carving, automotive parts, gem and jewelery, diamond cutting, garments etc. In these matters also precedence will be given to mother units with potential for backward forward linkages and ancillarisation.

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