Sat. Nov 28th, 2020

GOA GOVT MAKES MERE RS. 0.05 LAKH PROVISION FOR MSME’S, RS. 7.88 CRORE PROVISION FOR IPB, RS. 9.25 CRORE PROVISION TO PAY SHIRODA IDC LAND 4TH INSTALLMENT

According to paper’s tabled at legislative assembly on Monday, the state government has made a mere provision of token Rs. 0.05 lakh for Loan for MSME’s and other institutions for development and application of new technology for financial year 2020-21.  

The industries department also asserted that it dispersed Rs. 20.57 lakhs for subsidy scheme against industrial and investment policy in FY 2019-20. An amount of 33.05 crore is been allotted for FY 2020-21.

The State Government, further claims that Rs. 7.88 crores provision has been made for Goa Investment Promotion Board for FY 2020-21.

The govt has also made a financial provision of Rs. 9.25 crore for payment of 4th installment as compensation for acquiring phase 2 of Shiroda Industrial estate.

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