GOA

Goa is the smallest state in the Indian Union. It was part of the Union territory of Goa, Daman and Diu. Situated between Karnataka and Maharashtra, Goa is bounded on the north by the Terekhol river, surrounded on the south and east by Karnataka, while on the west is the Arabian sea.

This popular tourist spot is reputed for its clean and stable state administration, which is quick in its response. The sufficient availability of power though the lacks behind in availability of raw materials. Also, not many incentives are available to industry.

Land area: 3,702 sq. km.
Population: 1,169,793 million
Capital: Panaji
Per Capita Income: Rs 14,736
Inflation Rate: 13.7%

Incentives:

• 50% subsidy on the cost of preparation of feasibility studies
• Capital investment subsidy of 25% of fixed capital (up to Rs 25,000,000)
• Sheds available on hire-purchase basis, with 10% down payment and rest payable over 10 years
• Water and power at concessional tariff to new units at 25% below the commercial tariff
• Price preference of 15% on purchases by government departments from small-scale units
• Sales tax exemption (up to 15 years) on finished products for small-scale units
• Sales tax deferment-cum-interest free sales tax loan scheme for new industrial units
• 50% stamp duty exemption on bonds in favor of state FIs and scheduled commercial banks