What you get
The subsidy would be provided as a matching grant to the salary paid to Freshers up to ₹ 10,000 per Fresher per month (₹ 12,500 for Female Freshers) for 2 continuous years of operation post the notification of this policy. | NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded. | NOTE 2: The subsidy will be provided only for the Freshers recruited during the operation period of the Policy. | NOTE 3: The units will be subject to evaluation at the end of the Fiscal year to verify eligibility to continue receiving benefits under the scheme.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Can you elaborate on the prorate basis used for calculating the time duration of an individual as a fresher if they have less than two years of experience prior to post-graduation under the eligibility criteria?
The time duration for an individual with less than two years of experience before post-graduation is considered on a prorate basis, taking into account the specific duration of employment within the stipulated period.
How does the scheme handle units that are availing similar financial incentives under other Government of Goa policies, and what implications does this have on their eligibility for benefits under this specific scheme?
Units currently availing similar financial incentives under any other policy of the Government of Goa are ineligible for benefits under this scheme, ensuring a streamlined approach and avoiding dual benefits for the same initiatives.
Could you provide insights into the mechanism governing the subsidy's provision in cases where the budgetary allocation is exceeded? Additionally, how does the concept of Promissory Estoppel apply, particularly in situations where benefits might be discontinued due to budgetary constraints?
The subsidy is subject to budgetary allocation, and in the event of exceeding the allocated budget, no Promissory Estoppel shall be applicable, allowing for discontinuation of benefits without legal obligation.
How is the subsidy calculated as a matching grant to the salary paid to Freshers, especially considering the variation in amounts specified for male and female Freshers?
The subsidy is provided as a matching grant to the salary paid to Freshers, up to [?]10,000 per Fresher per month ([?]12,500 for Female Freshers), ensuring a fair and gender-sensitive approach to the financial benefits.
Could you elaborate on the evaluation process conducted at the end of the fiscal year to verify the eligibility of units for continuing to receive benefits under the scheme, and what criteria are considered during this evaluation?
Units are subject to evaluation at the end of the fiscal year to determine their eligibility for continuing to receive benefits under the scheme. The evaluation considers specific criteria relevant to the scheme's objectives and operational guidelines.
Where Can I Find The Link To The Scheme Guidelines?
You can access the comprehensive Scheme Guidelines, which provide intricate details and instructions, at the following web address: https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf
Where Can I Find The Link To The Official Gazette?
You can obtain the Official Gazette by visiting this specific webpage: https://ditc.goa.gov.in/sites/default/files/Target-Schemes.pdf
Where Can I Find The Link To The User Manual for Business Entity?
You can obtain the Official Gazette by visiting this specific webpage: https://services.goaonline.gov.in/Downloads/Organization/BusinessProfile_UserManual.pdf
How can I track the status of application?
Please visit https://goaonline.gov.in/StatusTrack to know the status of your application.
When was the scheme launched and by which department?
The scheme was launched in 2018 by the Department of Information Technology, Government of Goa.
What are the objectives of the Information Technology Policy of Goa?
Goa's IT Policy envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Is it mandatory for the applicant units, both new and existing, to have their operations in Goa?
Yes, in order to be eligible to apply for this scheme, the New and Existing Units must have their operations in Goa.