Question: What are the advantages of Interest Subsidy Scheme for Smaller Business Units?

Answer: Benefits under Interest Subsidy Scheme for Smaller Business Units:

are discontinued in case allocation is exceeded. What is the tentative timeline for the Application scrutiny as per checklist?The
timeline for the Application approval by the Empowered Committee is 30 days from the receipt of the Application. What is the tentative
timeline for the Application approval by the Empowered Committee?The timeline for the Application approval by the Empowered
Committee is 60 days from the receipt of the Application. How frequently can the incentive under this scheme be claimed, and for what
maximum duration in a fiscal year is it allowed?The incentive under this scheme can be claimed once every fiscal year, up to a
maximum duration of 3 years. What is the maximum annual interest subsidy provided for working capital loans to Smaller Business
Units under the scheme, and for how many years is this subsidy applicable?The scheme offers an interest subsidy on working capital
loans for Smaller Business Units, capped at â‚¹5,00,000 per annum. This subsidy is applicable for a period of 3 years. Sources And
ReferencesGuidelinesOfficial GazetteContact UsUser Manual For Business EntityTrack Application StatusOkWas this helpful?News
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earlier.To know more please visit CancelApply NowGoaInterest Subsidy Scheme for Smaller Business
UnitsCompanyInterestSubsidyTechnologyDetailsBenefitsEligibilityExclusionsApplication ProcessDocuments RequiredFrequently
Asked QuestionsLaunched in 2018, the "Internet Subsidy Scheme" 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 Internet Subsidy
to the eligible Information Technology Units in the State of Goa. All the New and Existing Units having their operations in Goa are
eligible. 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.OkWas this helpful?ShareNews and UpdatesNo new
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