Gtegp

Goa Tribal's Employment Generation Programme Scheme

Goa Tribal’s Employment Generation Programme Scheme provides a 40% subsidy on loans for educated unemployed individuals aged 18 to 45 who are members of Goa's tribal communities. Eligible activities include micro and small manufacturing, service, and trade enterprises, with project cost limits of ₹25 lakh for manufacturing and ₹15 lakh for service and trade, and a low interest rate of 4% per annum.

State In Kind

States / UT: Goa

Nodal department: Social Welfare Department

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Categories: Banking,Financial Services and Insurance, Skills & Employment

Sub-categories: Banking and money, Entrepreneurship development, Loan, Welfare measures

Target beneficiaries: Individual

Tags: Loan, Employment, Business, Entrepreneurship, Scheduled Tribe

Details

The scheme "Goa Tribal’s Employment Generation Programme Scheme" by the Department of Tribal Welfare, Government of Goa, is for educated unemployed individuals in the 18-45 years age group who are members of the tribal communities of Goa. The scheme provides a subsidy of 40% on the total loan amount i.e. 95% of the project cost. The loan is provided for activities such as Micro and Small Manufacturing Enterprises, Service Enterprises, and Trade Enterprises. The beneficiary is also provided with compulsory entrepreneurship training of up to 7 days.

Collateral

  1. For Loan Amount Upto ₹ 2,00,000: Personal guarantee of the applicant and spouse/parent/relative.1. For Loan Amount between ₹ 2,00,000 to ₹ 6,00,000: One or more third-party guarantors, depending upon the loan amount. Such a guarantor could be an employee of State Government/ Government Corporations/Aided Institutions/ Companies of repute or a person owning an unencumbered immovable property in Goa, of commensurate value.1. For Loan Amount Above ₹ 6,00,000: Notarised copy of ownership documents of the unencumbered immovable property owned by the guarantor/s, commensurate to the loan amount to be provided. The guarantor should not be a defaulter with any financial institution/bank.

Recovery

In case of default in repayment of the loan, the amount is to be recovered as arrears of land revenue or under the Public Money Recovery Act, DRT or any other relevant Act and rules thereof.

Service Charges for EDC

₹ 50,000/- for ₹ 1,00,00,000 of subvention for disbursement to beneficiaries and 1%, out of the interest @ 2% per annum recovered from the beneficiaries.

Benefits

  • Type of Activity: Micro & Small Manufacturing Enterprises Maximum Project Cost (₹ in Lakh): 25 Maximum Working Capital Limit: 35% Type of Activity: Service Enterprises Maximum Project Cost (₹ in Lakh): 15 Maximum Working Capital Limit: 80% Type of Activity: Trade Enterprises Maximum Project Cost (₹ in Lakh): 15 Maximum Working Capital Limit: 80% (100% in case of agricultural produce) Subsidy Applicable on Loan Amount: 40% Promoter’s Contribution: 5%. Interest Rate: 4% per annum Penal Interest: NIL Repayment Schedule: Repayable in 60 to 120 EMIs (As per discretion of GTEGP-TFC). Moratorium Period: 3 to 6 months (At the discretion of GTEGP-TFC). Security: The first charge of mortgage/hypothecation of fixed assets (building furniture machinery etc.) and/or current assets (trading goods raw material etc.) Training Compulsory entrepreneurship training of up to 7 days within six months from the date of sanction

Type of Activity: Micro & Small Manufacturing Enterprises
Maximum Project Cost (₹ in Lakh): 25
Maximum Working Capital Limit: 35%

Type of Activity: Service Enterprises
Maximum Project Cost (₹ in Lakh): 15
Maximum Working Capital Limit: 80%

Type of Activity: Trade Enterprises
Maximum Project Cost (₹ in Lakh): 15
Maximum Working Capital Limit: 80% (100% in case of agricultural produce)

Subsidy Applicable on Loan Amount: 40%
Promoter’s Contribution: 5%.
Interest Rate: 4% per annum
Penal Interest: NIL
Repayment Schedule: Repayable in 60 to 120 EMIs (As per discretion of GTEGP-TFC).
Moratorium Period: 3 to 6 months (At the discretion of GTEGP-TFC).
Security: The first charge of mortgage/hypothecation of fixed assets (building, furniture, machinery, etc.) and/or current assets (trading goods, raw material, etc.)

Training
Compulsory entrepreneurship training of up to 7 days within six months from the date of sanction.

Eligibility

  • The applicant should be Unemployed.
  • The age of the applicant should be between 18 and 45 years.
  • The applicant should have passed Class 4th (relaxable for deserving cases).
  • The applicant should be a Member of the Tribal Community notified by the Government of Goa.
  • The applicant should not be a defaulter to any bank, financial institution, etc.
  • The applicant should have been a permanent resident of Goa for at least 15 years.
  • The eligible activities are Micro and small manufacturing enterprises, Service enterprises, and Trade Enterprises.
  • The non-eligible activities are Farming activities, tobacco products and red-category industries.

Exclusions

Individuals who are defaulters to any bank, financial institution, etc are not eligible for this scheme.

Application Process

Offline

Step 1: The interested applicant should visit the Department of Tribal Welfare, Govt. of Goa, Shram Shakti Bhavan,
5th Floor, Patto, Panaji-Goa, - 403 001.
Step 2: Take a print of the proforma of the application form, or request a hard copy from the concerned authority.
Step 3: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across), and attach copies of all the mandatory documents (self-attest if required).
Step 4: Submit the duly filled and signed application form along with the documents to the concerned authority.

Clarifications

Additional points from the scheme information published on myScheme (not legal advice).

Can applicants apply for assistance under this scheme for more than one type of business activity, such as both Manufacturing and Service Enterprises?
The scheme allows applicants to apply for assistance for any one of the eligible business activity types: Micro and Small Manufacturing Enterprises, Service Enterprises, or Trade Enterprises. Applicants need to choose the category that aligns with their intended business activity.
What is the recovery process for loans under this scheme?
Loans are recovered through various legal means, including arrears of land revenue and actions under the Public Money Recovery Act, Debt Recovery Tribunal (DRT), or other relevant Acts and rules.
Are there any provisions for extending the moratorium period for loan repayment?
The moratorium period, which is the period during which the borrower is not required to make loan repayments, is flexible and determined at the discretion of GTEGP-TFC.
Is there a limit on the loan amount that individuals can apply for under this scheme?
Yes, the loan amount is limited to ₹2,00,000 for certain cases. Beyond that, the scheme specifies different requirements, including personal guarantees and notarized copies of ownership documents, depending on the loan amount.
What are the types of activities or industries not eligible for assistance under this scheme?
Farming activities, tobacco products, and red-category industries are not eligible for financial assistance under this scheme.
Is there any service charge associated with this scheme?
Yes, there is a service charge of ₹50,000 for every ₹1,00,00,000 of subvention disbursed to beneficiaries. Additionally, 1% of the interest at the rate of 2% per annum recovered from the beneficiaries is also collected as a service charge for EDC (Economic Development Corporation).
Could you explain the role of the GTEGP-Task Force Committee in the scheme's implementation?
The GTEGP-Task Force Committee is responsible for overseeing and implementing the scheme. It consists of five members, including the Managing Director of EDC Ltd., the Deputy Director of Tribal Welfare, a representative of the Association of Tribals, the Deputy Director (Administration) from the Department of Industries, Trade & Commerce, and a Chartered Accountant appointed by the Government.
What happens in the case of loan defaults?
In case of default in loan repayment, the outstanding amount is to be recovered as arrears of land revenue or under the Public Money Recovery Act or relevant legal provisions.
Are there any specific requirements for the project report that applicants need to submit?
The project report should include quotations for assets, registration of the unit where necessary, NOC/trade license from the local authority, and any other NOCs required from government departments or authorities.
Could you provide more details about the compulsory entrepreneurship training mentioned in the scheme?
Beneficiaries are required to undergo compulsory entrepreneurship training, which lasts up to 7 days and must be completed within six months from the date of loan sanction. The training aims to equip individuals with the necessary skills to manage their businesses effectively.
What type of security is required to avail of the loan, and how is it determined?
Security is provided through a first charge of mortgage/hypothecation of fixed assets (e.g., building, machinery) and/or current assets (e.g., trading goods, raw material).
How flexible is the repayment schedule for loans under this scheme?
The repayment schedule is flexible, ranging from 60 to 120 Equated Monthly Installments (EMIs), as per the discretion of GTEGP-TFC (Goa Tribal's Employment Generation Programme - Task Force Committee).
What is the interest rate for the loans provided under this scheme, and is there any penal interest for defaults?
The interest rate is 4% per annum, and there is no penal interest mentioned in the scheme, which can be advantageous for beneficiaries.
Are there any special provisions for agricultural produce businesses under Trade Enterprises?
Yes, for Trade Enterprises dealing with agricultural produce, a maximum working capital limit of 100% is allowed.
What is the maximum project cost allowed under the scheme for Micro & Small Manufacturing Enterprises?
For Micro & Small Manufacturing Enterprises, the maximum project cost is ₹25 lakhs.
What types of activities or businesses are eligible for financial assistance under this scheme?
The eligible activities include Micro and Small Manufacturing Enterprises, Service Enterprises, and Trade Enterprises.
What are the key objectives of the Goa Tribal’s Employment Generation Programme Scheme?
The primary objective of the scheme is to provide financial assistance and incentives to tribal individuals to start micro and small businesses, thereby generating employment opportunities for themselves.

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status