Question: Who can apply for Goa Tribal's Employment Generation Programme Scheme?

Answer: Here are the eligibility criteria for Goa Tribal's Employment Generation Programme Scheme:

GoaGoa Tribal's Employment Generation Programme SchemeBusinessEmploymentEntrepreneurshipLoanScheduled
TribeDetailsBenefitsEligibilityExclusionsApplication ProcessDocuments RequiredFrequently Asked QuestionsThe scheme "Goa
Tribalâ€™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.ï»¿CollateralFor Loan Amount Upto â‚¹ 2,00,000: Personal guarantee of the applicant and
spouse/parent/relative.For Loan Amount between â‚¹ 2,00,000 to â‚¹ 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.For Loan Amount Above â‚¹ 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. ï»¿RecoveryIn 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.ï»¿Service Charges for EDCâ‚¹ 50,000/- for â‚¹ 1,00,00,000 of subvention for disbursement to
beneficiaries and 1%, out of the interest @ 2% per annum recovered from the beneficiaries.OkWas this helpful?ShareNews and
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