Goa Industrial Development Corporation (Goa-IDC) has announced the launch of the “Goa-IDC Exit Support Scheme” for its industrial plots. This scheme, officially introduced by Chief Minister, Dr. Pramod Sawant, aims to facilitate the orderly exit of non-functional industrial units from various industrial estates across the state, promoting better utilisation of resources and encouraging new industrial growth.
The announcement was held in the presence of several key dignitaries including the Minister for Industries, Mauvin Godinho, Chairman,Goa-IDC, Aleixo Reginaldo Lourenco, V. Candavelou, IAS, Principal Secretary (Finance), Swetika Sachan, IAS, Secretary (Industries) and Pravimal Abhishek, MD Goa-IDC. Among the other notable attendees were Egna Cleetus, Director of Industries, Shrinivas Dempo, President – GCCI, Manguirish Pai Raikar, Chairman–ASSOCHAM/ Member of Executive Committee-FICCI, Anirudh Dempo, President-GSIA, Stephen Fernandes, Chief Electrical Engineer – Electricity Department, Lalit Sharaswat, Past Chairman-CII, Sandeep Sood, Director-Goa-IDC and Sanjay Amonkar, Director General-GCCI.
https://x.com/DrPramodPSawant/status/1805510271680888839?t=AgDmpwEVWc_sSDW7rFaMSw&s=19
Goa- IDC Exit Support Scheme Launch Programme 👆
Dr Sawant expressed optimism about the scheme, emphasising its potential to enhance industrial efficiency and economic development in Goa. He stated that “the “Exit Support Scheme” aims to streamline the process for non-functional units to exit the industrial estates, thereby making way for new and functional industrial ventures that can contribute to the economic growth of the state. “This scheme is expected to rejuvenate the industrial landscape in Goa, ensuring better utilisation of resources and infrastructure and create more jobs in state”.
Minister for Industries, Mauvin Godinho, stated that the “Exit Support Scheme” is a crucial step towards revitalising Goa’s industrial estates. He emphasised, “The “Goa-IDC Exit Support Scheme, operational for one year, will encompass over 12 lakh square meters of unused industrial land. This initiative aims to facilitate the utilization of this land by prospective entrepreneurs, ensuring that it serves its intended purpose of fostering industrial growth and development in the state of Goa”.
Under the Exit Support Scheme, lessees who have obtained plots on or before August 1, 2014; are exempt from the requirement to utilise at least 30 per cent of the plot area as built-up space. Additionally, transferees acquiring leasehold rights over plots with non-functional industrial units will benefit from a waiver of the first year’s lease rent. To further streamline the transfer process, Goa-IDC, in collaboration with the Goa Investment Promotion Board and industry bodies, will organise Transferor-Transferee meetings to facilitate direct interactions and negotiations. These initiatives aim to enhance transparency and efficiency, fostering a more dynamic industrial environment in Goa.
In order to simply the availability of plots, Goa-IDC has classified the unutilised plots into four categories: plots with no construction, plots with partial construction, plot where construction is complete but not operational and industrial units that have ceased operations.
