Vidhi Codex

Manual of Goa Laws (Vol. IV) – 505 – State-Aid to Industries Act

Manual of Goa Laws (Vol. IV) – 505 – State-Aid to Industries Act

General3 sections

The Goa, Daman and Diu State-Aid to Industries Act, 1965 provides a framework for the government to offer financial assistance and operational support to industries within the region. It primarily applies to small-scale enterprises, cottage industries, and emerging industrial businesses operating in Goa, Daman, and Diu. Under this law, eligible businesses can access state support through direct loans, loan guarantees, subsidies, supply of machinery on easy terms, and assistance in securing land or water. By reducing entry barriers and offering financial backing, the legislation aims to stimulate local economic growth, foster entrepreneurship, expand industrial capacity, and generate employment opportunities across the territory.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 1. The Goa, Daman and Diu State-Aid to Industries Act, 1965 (No. 15 of 1965)
  3. 2. The Goa, Daman and Diu State-Aid to Industries (Amendment) Act, 1982 (No. 7

PDF: pending for this language.