ISS2008
What this is
"Interest Subsidy Scheme, 2008" boosted economic growth by providing interest subsidies to Micro and Small Enterprises. The scheme offered financial incentives to new enterprises, making their operations more viable and promoting industrial growth.
In detail
Launched in 2008, the scheme "Interest Subsidy Scheme, 2008" by the Directorate of Industries, Trade and Commerce, Government of Goa aimed to boost economic growth in the state by providing interest subsidies to Micro and Small Enterprises. The scheme offered financial incentives to new enterprises, making their operations more viable and promoting industrial growth. Eligible units included those that had commenced commercial production after the scheme's launch and were registered with the Directorate. The scheme remained in force until 31st March, 2011.
Who qualifies
- Only new Micro and Small Enterprises which went into commercial production after the commencement of this Scheme were eligible to avail facilities under this Scheme.
- Only those units permanently registered with Entrepreneur Memorandum II by the Directorate of Industries, Trade and Commerce were eligible under this Scheme.
- Units were eligible for the benefit for the period of 5 years (20 quarters) subsequent to the quarter in which the commercial production had commenced.
- This Scheme was applicable to industries covered under the “Green” list and specified “Orange” List (The units covered under Orange II, II B were not entitled to avail benefit under this Scheme).
- This Scheme was not applicable to units under revival plan as defined under sick unit revival policy.
- The Scheme was applicable to the units which had availed loan as term loan and working capital from nationalized banks or scheduled bank or Co-operative Bank or Economic Development Corporation Ltd. or any other Financial Institution notified by the Government of Goa.
What you get
- Incentives were given to eligible units to the extent of 1% of the total net turnover or 30% of the interest paid by the units, whichever was less, subject to a ceiling of ₹5,00,000/- per annum.
- The benefit under this Scheme was for a period of 5 years (20 quarters) from the quarter of applicability.
not about the scheme.
Provenance
| schemeName | Interest Subsidy Scheme, 2008 | myScheme · 2026-09-02 |
| schemeOpenDate | 2009-01-30 | myScheme · 2026-09-02 |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |