Grant to Meritorious Wards of ESM in Sports: National / International Level (Sainik Welfare) 2026

This scheme from the Goa Building and Other Construction Workers Welfare Board helps registered workers get a Read More... ₹5,000 loan to buy essential tools for their trade. Read less

Details

Are you a construction worker in Goa looking to upgrade your tools? The Goa Building and Other Construction Workers Welfare Board (GBOCWWB) has a scheme to help you out.

What Is This Scheme?

The 'Loan for the Purchase of Tools' scheme is an initiative by the Goa Building and Other Construction Workers Welfare Board, under the Department of Labour and Employment, Government of Goa. It aims to support registered construction workers by providing them with financial assistance in the form of a loan to purchase necessary tools for their work.

Who Can Benefit From This Scheme?

This scheme is specifically designed for individuals who are registered workers with the Goa Building and Other Construction Workers Welfare Board. It's for those who actively contribute to their welfare fund and need financial help to acquire tools to perform their jobs effectively.

Why This Scheme Is Important

Having the right tools is crucial for a construction worker's efficiency and safety. This scheme acknowledges that need by providing a low-cost loan, enabling workers to invest in better equipment without facing significant financial strain. It contributes to improving their working conditions and productivity.

Objective

This scheme from the Goa Building and Other Construction Workers Welfare Board helps registered workers get a ₹5,000 loan to buy essential tools for their trade.

Benefits

Grant of ₹50,000/- for achievements in sports at the international level.

Grant of ₹30,000/- for achievements in sports at the national level.

The amount is credited to the beneficiary’s Bank Account through RTGS/ NEFT.

Sources and references

Guidelines

Eligibility Criteria

Applicants must be registered construction workers.
The worker must be between 18 and 60 years of age.
Must have completed at least ninety days of service as a registered worker within the last year.
Must be registered with the Goa Building and Other Construction Workers Welfare Board.
Must have been a member of the fund for at least three years.
Must be regularly remitting contributions to the welfare fund.

How To Apply

Applications for this scheme are accepted offline. You will need to submit the required documents in person to the relevant office.

Official Address for Application Submission:

Goa Building and Other Construction Workers Welfare Board, Department of Labour and Employment, Government of Goa.

(Note: Specific office location details should be confirmed locally or through the official website if available.)

Documents Required

Your Worker Registration Card or Number.
Receipts for payment of your first and last subscriptions to the Board.
A Salary Certificate from your Employer.
An Employment Certificate.
The Invoice for the specific tool or instrument you have purchased.
Details of any other properties you own or possess.

FAQ’s

What is the loan amount available for purchasing tools under this scheme?

Under the 'Loan for the Purchase of Tools (GBOCWWB)' scheme, registered construction workers can receive a loan of ₹5,000 to buy essential tools.

Can someone who has been a member of the fund for less than three years apply for this loan?

No, to be eligible for this loan, you must have completed at least three years of membership in the Goa Building and Other Construction Workers Welfare Fund.

What proof do I need to show regarding my subscriptions to the Board?

You will need to provide the receipts for the payment of your first and last subscriptions made to the Board as proof of your contributions.

Who is responsible for processing applications for this tool loan scheme?

The Goa Building and Other Construction Workers Welfare Board, under the Department of Labour and Employment, Government of Goa, oversees this scheme and processes applications.

Is there an age limit for applying for the loan to buy tools?

Yes, the worker applying for the loan must be between 18 and 60 years of age.

What kind of service period is required to be eligible for this loan?

You need to have completed at least ninety days of service as a registered worker in the year to qualify for this loan.

Do I need to provide details of any property I own when applying for the tool loan?

Yes, you are required to provide details of any other properties you currently own or possess when submitting your loan application.

How are applications for the 'Loan for the Purchase of Tools' scheme submitted?

Applications for this scheme are submitted offline. You will need to submit the completed application form along with all the required documents in person.

What is the main purpose of the 'Loan for the Purchase of Tools' scheme?

The main purpose of this scheme is to provide financial assistance to registered construction workers in Goa by offering a loan to help them purchase essential tools for their work.

What document confirms my registration with the Goa Building and Other Construction Workers Welfare Board?

Your Worker Registration Card or number serves as the confirmation of your registration with the Goa Building and Other Construction Workers Welfare Board.