Mai Bhago Vidya Scheme 2026
The Goa Tribal's Employment Generation Programme Scheme offers a 40% subsidy on loans (covering 95% of project Read More... cost) to educated, unemployed tribal youth aged 18-45 in Goa to help them start their own businesses. Read less
Details
Are you a tribal youth in Goa looking to start your own business? The Goa Tribal's Employment Generation Programme Scheme is here to help you turn your entrepreneurial dreams into reality.
What Is This Scheme?
This scheme, managed by the Department of Tribal Welfare in Goa, aims to boost employment by supporting tribal individuals in setting up their own businesses. It provides a significant financial subsidy on loans, making it easier to fund micro and small enterprises, service businesses, and trade ventures.
Who Can Benefit From This Scheme?
The scheme is specifically designed for educated, unemployed individuals who are members of the tribal communities of Goa. Applicants must be between 18 and 45 years old and should have completed at least Class 4th.
Why This Scheme Is Important
By offering substantial financial support and training, this scheme empowers tribal communities to achieve economic independence. It encourages self-employment, contributes to local economic growth, and provides a structured pathway for aspiring entrepreneurs within Goa.
Objective
Benefits
Sources and references
Eligibility Criteria
- Must be unemployed.
- Age must be between 18 and 45 years.
- Must have passed Class 4th (this can be relaxed for deserving candidates).
- Must be a recognized member of a Tribal Community notified by the Government of Goa.
- Must have been a permanent resident of Goa for at least 15 years.
- Should not have any history of defaulting on loans with any bank or financial institution.
- Eligible business activities include Micro and Small Manufacturing Enterprises, Service Enterprises, and Trade Enterprises.
- Activities like Farming, tobacco products, and red-category industries are not eligible.
How To Apply
To apply for this scheme, you need to submit a prescribed application form along with a detailed project report. Here’s a general outline of the process:
- Obtain the prescribed application form for loan assistance.
- Fill in the form completely and attach all required self-attested documents.
- Prepare a detailed project report, including quotations for assets, registration details, and necessary NOCs.
- Submit both the application form and the project report in duplicate.
- Ensure all required No Objection Certificates (NOCs) from relevant authorities and property owners are obtained.
- Applications are to be submitted to the relevant department as specified by the Government of Goa.
For further details and submission, please refer to the official website of the Department of Tribal Welfare, Government of Goa.
Documents Required
When applying for loan assistance, ensure you have the following documents ready. All copies should be self-attested:
- 2 recent passport-sized photographs (for both applicant and guarantor, if applicable).
- Birth Certificate.
- Valid Caste Certificate issued by the Competent Authority.
- School leaving certificate or relevant qualification certificate.
- Residential Certificate proving at least 15 years of permanent residency in Goa.
- House tax receipt (for applicant and guarantor).
- EPIC (Voter ID) / UID (Aadhaar Card) (for applicant and guarantor).
- Any other relevant certificates like Marriage Certificate, Caste Certificate, Handicap Certificate, or Widow Certificate, as applicable.
- For loans related to vehicles: Professional Driving Licence, badge, and a business assurance recommendation letter.
- Bank passbook/s of existing accounts (for applicant and guarantor).
- PAN Card (for applicant and guarantor).
Self Declaration: You will also need to file a self-declaration in the format provided with the application form.
For Project Report:
- All quotations for assets to be acquired and for raw materials/stock from authorized dealers.
- Registration of the unit, if required.
- N.O.C./Trade Licence from the concerned Panchayat/Municipality.
- Any other necessary N.O.C. from a Government department or authority.
- N.O.C. on stamp paper (₹50/-) in the prescribed format from the owner of the premises where the business will be set up.
- Latest Tax receipt/registration of the shop for the proposed premises.
- Proof of electricity/water connection (where applicable).
Official Sources
For the most accurate and up-to-date list of documents and application procedures, please visit the official website of the Department of Tribal Welfare, Government of Goa.
FAQ’s
What is the maximum project cost allowed for manufacturing businesses under this scheme?
For Micro and Small Manufacturing Enterprises, the maximum project cost that can be considered under the scheme is ₹25 lakhs.
How are loans typically recovered if a beneficiary defaults on payments?
In the event of a loan default, the outstanding amount will be recovered through established legal procedures, such as being treated as arrears of land revenue or through actions under the Public Money Recovery Act, the Debt Recovery Tribunal (DRT), or other applicable laws.
Can I get a loan for farming activities under this programme?
No, farming activities are not eligible for financial assistance under this scheme. The scheme focuses on Micro and Small Manufacturing Enterprises, Service Enterprises, and Trade Enterprises.
Is there a charge for the services provided by the Economic Development Corporation (EDC) under this scheme?
Yes, there's a service charge. ₹50,000 is charged for every ₹1,00,00,000 of subvention disbursed to beneficiaries. Additionally, 1% of the 2% annual interest recovered from beneficiaries is also collected as a service charge for EDC.
What is the repayment period for loans under this scheme?
The repayment schedule is quite flexible. Loans can be repaid over a period of 60 to 120 Equated Monthly Installments (EMIs), depending on the decision of the GTEGP-TFC (Goa Tribal’s Employment Generation Programme - Task Force Committee).
What is the minimum age requirement to apply for this scheme?
To be eligible for this scheme, applicants must be at least 18 years old.
What are the specific requirements for collateral or security when taking a loan?
The primary security is a first charge mortgage or hypothecation of the fixed assets created by the loan (like machinery, building) and/or current assets (like inventory, raw materials).
What is the interest rate applicable to the loans provided through this scheme?
The interest rate on loans under this scheme is very reasonable, set at 4% per annum. Importantly, there is no penal interest charged.
What is the role of the GTEGP-Task Force Committee in this programme?
The GTEGP-Task Force Committee plays a key role in overseeing the scheme's implementation. Its members include representatives from EDC Ltd., the Department of Tribal Welfare, the Department of Industries, Trade & Commerce, and a government-appointed Chartered Accountant.
What is the maximum working capital limit for trade businesses dealing with agricultural produce?
For Trade Enterprises specifically dealing with agricultural produce, the scheme allows for a higher working capital limit of up to 100% of the project cost.
Are there any restrictions on the types of businesses that can receive support?
Yes, certain types of activities are not supported. These include farming, production of tobacco products, and industries classified under the 'red category'.
How long does the compulsory entrepreneurship training last?
Beneficiaries must complete a compulsory entrepreneurship training that lasts for a period of up to 7 days. This training needs to be finished within six months from the date the loan is sanctioned.
What documentation is needed for the project report?
For the project report, you'll need to submit quotations for assets, any necessary unit registrations, a trade license or NOC from the local authority, and NOCs from other relevant government departments. You also need an NOC from the property owner and proof of utility connections if applicable.
What is the maximum age limit for applicants under this scheme?
The scheme is open to individuals aged between 18 and 45 years.
Does the scheme offer any financial support for service-based businesses?
Yes, the scheme supports Service Enterprises. The maximum project cost for such enterprises is ₹15 lakhs, with a working capital limit of 80%.
How long do beneficiaries have to start repayments after the loan is approved?
After the loan is sanctioned, there's a moratorium period of 3 to 6 months, as decided by the GTEGP-TFC, during which you don't need to make repayments.
What kind of proof of residence is required?
Applicants need to provide a certificate proving they have been a permanent resident of Goa for at least 15 years.
What educational qualification is needed to apply?
Applicants should have passed at least Class 4th. This requirement may be relaxed for deserving candidates.
Click it and Unblock the Notifications
Sign in with Google