PLGSFSBU
Performance Linked Grant Scheme for Smaller Business Units
5.6/10The objective of the "Performance Linked Grant Scheme for Smaller Business Units" is to provide a Performance Linked Grant of 5% of the reported net income to the eligible Information Technology Units in the State of Goa, subject to a total cap of ₹ 25,00,000.
States / UT: Goa
Nodal department: Information and Publicity Department
Scheme for: Infra
Scheme profile
DBT (direct benefit transfer): No
Categories: Business & Entrepreneurship
Sub-categories: Credit Linked Subsidy, Setting up / start-up / entrepreneurship, Micro finance
Target beneficiaries: Business Entity
Tags: Grant, Business, Company, Information Technology
Details
Launched in 2018, the "Performance Linked Grant Scheme for Smaller Business Units" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Performance Linked Grant to the eligible Information Technology Units in the State of Goa. A performance grant of 5% of the reported net income subject to a total cap of ₹ 25,00,000. The scheme has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Benefits
- - A performance grant of 5% of the reported net income, subject to a total cap of ₹25,00,000. NOTE: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded
- A performance grant of 5% of the reported net income, subject to a total cap of ₹ 25,00,000.
NOTE: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.
Eligibility
- The applicant should be a Smaller Business Unit.
- The applicant should have their operations in Goa.
- The applicant should be one of the following:
- Proprietorship Firm
- Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
- Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
- Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
- Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)
- The bank accounts of the unit and/or its partner(s)/director(s) should be linked to Aadhaar.
- The applicant should have had a record growth of 15% y-o-y turnover for a period of any three consecutive years during the operation of the policy.
Exclusions
The units availing similar financial incentives under any other policy of the Government of Goa are not eligible for availing benefits under this scheme.
How useful is this scheme?
A practical look at this scheme for citizens
AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.
- Accessibility5.0
- Financial impact9.5
- Rural utility4.0
- Awareness4.5
- Simplicity3.0
- Inclusivity5.0
What problem does this scheme solve?
The scheme provides financial support to smaller IT business units in Goa, promoting growth and investment in the sector.
Key challenges addressed
- Financial support for smaller IT units
- Encouragement of business growth
Most beneficial for
- Small IT businesses in Goa
- Proprietorships and partnerships
Likely challenges
- Strict eligibility criteria
- Dependence on digital processes
Practical insights for citizens
The scheme may be underutilized due to its complexity and digital requirements.
Rural challenges
- Limited internet access
- Lack of awareness among rural business units
Digital challenges
- High digital dependency for application
- Need for Aadhaar linkage
Implementation bottlenecks
- Strict eligibility criteria may exclude many potential applicants
Awareness challenges
- Low awareness among smaller business units
Application analysis
- Application mode
- Online portal
- Documents burden
- Low
- Verification complexity
- Moderate
- Office dependency
- None
- DBT dependency
- No
- CSC support
- Limited
- Estimated citizen effort
- Moderate
Estimated beneficiary reach
Benefit analysis
- Benefit type
- Cash
- Benefit frequency
- Quarterly/Bi-annually/Annually
- Benefit practicality
- Moderate, depending on financial health of the unit
- Financial meaningfulness
- High, with a cap of ₹ 25,00,000
- Long-term impact
- Potentially positive for business growth if utilized effectively
Plain-language guidance
This scheme offers cash grants to small IT businesses in Goa based on their net income. Eligible businesses can apply online for financial support.
- Who should apply
- Small IT business units operating in Goa.
- Who may struggle
- Businesses unfamiliar with online applications or lacking digital literacy.
- Best application route
- Apply via the official Goa Online portal with Aadhaar.
This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.
Application Process
Online
Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, and click "Register/Signup".
Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
Step 6: Submit the application. A unique registration number will be generated. Note this number for future reference.
NOTE: The applicant can apply for this scheme on a quarterly/bi-annually/annual basis after incurring the relevant expenditure.
Disbursement Timeline
- Incentive Application Receipt: D
- Application scrutiny as per checklist: D+30days
- Application approval by the Empowered Committee: D+60 days
- Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days
Clarifications
Additional points from the scheme information published on myScheme (not legal advice).
- What is the procedure for calculating the reported net income for the purpose of determining the 5% performance grant, and how does it relate to the Income Tax Returns of the Unit?
The reported net income considered for the 5% performance grant is derived from the Income Tax Returns of the Unit. It encompasses the net income highlighted in these returns for all the years covered in the claimed period. The certified copy from the auditor or Chartered Accountant further certifies the accuracy of this reported income.
- Could you elaborate on the significance of the cap of ₹ 25,00,000 mentioned in relation to the performance grant of 5% of the reported net income?
The cap of ₹ 25,00,000 serves as an upper limit on the performance grant, ensuring that regardless of the calculated 5% of the reported net income, the grant does not exceed this specified amount. This is a crucial detail to consider when assessing the potential benefits and limitations of the policy.
- In the context of the y-o-y growth requirement, how should a situation where a company experiences a decline in turnover for one of the three consecutive years be addressed?
The guideline stipulates a record growth of 15% y-o-y turnover for any three consecutive years. In the event of a decline in turnover for one of these years, it may impact the eligibility. However, it's recommended to carefully review the specific circumstances, as exceptions or considerations might apply based on the nature and context of the decline.
- Where Can I Find The Link To The Scheme Guidelines?
You can access the comprehensive Scheme Guidelines, which provide intricate details and instructions, at the following web address: https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf
- Is There Any Compensation For The Delay In The Disbursal Of The Scheme Benefits?
The guidelines do not mention any provision for compensation in the event of delayed disbursement of scheme benefits.
- Can Applicants From The Neighboring States Also Apply To This Scheme?
This scheme is exclusively available to permanent residents of the state. Applicants from neighboring states, among others, are not eligible to apply.
- What is the link to the Official Web Portal of Goa Online?
The link to the Official Web Portal of Goa Online is https://goaonline.gov.in/
- What is the tentative timeline for the Issue of Regret Letter/Sanction Orders and Disbursement?
The timeline for the Application approval by the Empowered Committee is 90 days from the receipt of the Application.
- What is the full form of GST - TIN?
The full form of GST TIN is Goods and Services Tax - Tax Identification Number.
- Are the benefits under this scheme guaranteed?
The benefits under this scheme are subject to budgetary allocation. No Promisory Estoppel shall be applicable if benefits are discontinued in case allocation is exceeded.
- Is it mandatory for the applicant units, both new and existing, to have their operations in Goa?
Yes, in order to be eligible to apply for this scheme, the New and Existing Units must have their operations in Goa.
- What are the objectives of the Information Technology Policy of Goa?
Goa's IT Policy envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Official links
- https://www.myscheme.gov.in/schemes/plgsfsbu
- https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf
- https://ditc.goa.gov.in/sites/default/files/Target-Schemes.pdf
- https://www.goa.gov.in/contact/
- https://services.goaonline.gov.in/Downloads/Organization/BusinessProfile_UserManual.pdf
- https://goaonline.gov.in/StatusTrack
References
- Guidelines
- https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf
- Official Gazette
- https://ditc.goa.gov.in/sites/default/files/Target-Schemes.pdf
- Contact Us
- https://www.goa.gov.in/contact/
- User Manual For Business Entity
- https://services.goaonline.gov.in/Downloads/Organization/BusinessProfile_UserManual.pdf
- Track Application Status
- https://goaonline.gov.in/StatusTrack
Apply
Apply nowOpens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Frequently asked questions
- What is the purpose of Performance Linked Grant Scheme for Smaller Business Units?
- Performance Linked Grant Scheme for Smaller Business Units is a government welfare initiative designed to support Infra, Business Entity through benefits related to Business & Entrepreneurship, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
- Who can apply for Performance Linked Grant Scheme for Smaller Business Units?
- Eligibility for Performance Linked Grant Scheme for Smaller Business Units may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
- What benefits are offered under Performance Linked Grant Scheme for Smaller Business Units?
- Benefits under Performance Linked Grant Scheme for Smaller Business Units may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
- Which department manages Performance Linked Grant Scheme for Smaller Business Units?
- Performance Linked Grant Scheme for Smaller Business Units is managed by Information and Publicity Department and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
- Can users apply online for Performance Linked Grant Scheme for Smaller Business Units?
- Yes, eligible applicants may be able to apply online for Performance Linked Grant Scheme for Smaller Business Units through official government portals, authorised service centres, or digital application systems depending on the implementation process.
- Is Aadhaar mandatory for Performance Linked Grant Scheme for Smaller Business Units?
- Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
- Where can users apply for Performance Linked Grant Scheme for Smaller Business Units?
- Applications for Performance Linked Grant Scheme for Smaller Business Units may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
- What documents may be required for Performance Linked Grant Scheme for Smaller Business Units?
- Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
- Is income certificate required for Performance Linked Grant Scheme for Smaller Business Units?
- Income certificate requirements may vary depending on beneficiary category, subsidy eligibility, and financial assistance criteria defined under Performance Linked Grant Scheme for Smaller Business Units.
- Is Performance Linked Grant Scheme for Smaller Business Units available in all states?
- No, Performance Linked Grant Scheme for Smaller Business Units is primarily available for eligible residents of Goa and may be implemented through state government departments and local administrative offices.
- Can residents outside Goa apply for Performance Linked Grant Scheme for Smaller Business Units?
- Eligibility for Performance Linked Grant Scheme for Smaller Business Units is generally limited to residents of Goa unless otherwise specified in the official scheme guidelines.
- Does Performance Linked Grant Scheme for Smaller Business Units provide business loan or startup assistance?
- Performance Linked Grant Scheme for Smaller Business Units may support entrepreneurs, startups, self-employed individuals, MSMEs, or small businesses through financial assistance, subsidies, credit support, or training initiatives.
- Is collateral required under Performance Linked Grant Scheme for Smaller Business Units?
- Collateral requirements may vary depending on the loan amount, implementing agency, financial institution, and government subsidy structure.
- Can CSC centres help users apply for Performance Linked Grant Scheme for Smaller Business Units?
- Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
- How can users check the latest updates for Performance Linked Grant Scheme for Smaller Business Units?
- Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
- Can beneficiaries track application status for Performance Linked Grant Scheme for Smaller Business Units?
- Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
- Where can users get help for Performance Linked Grant Scheme for Smaller Business Units in Goa?
- Users in Goa may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
- Which nearby public services may help with Performance Linked Grant Scheme for Smaller Business Units applications?
- Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.