Cabinet greenlights logistics incentives to boost local employment

Cabinet greenlights logistics
incentives to boost local employment
Published on

The State cabinet on Wednesday approved the Goa State Logistics and Warehousing Incentives Scheme 2025 to make the State one of the largest logistic hub. Industries Minister Mauvin Godinho said the scheme has been designed to promote the logistics and warehousing sector while ensuring local employment. He said that companies employing at least 60% Goan workers will be eligible for full benefits, while those employing 40%–60% Goans will receive partial benefits.

The incentives under the scheme include a capital investment subsidy of up to Rs 50 lakh, 50% interest subsidy on term loans for three to five years, 100% reimbursement of stamp duty and registration fees and 100% electricity duty reimbursement for cold chain units.

In addition, a skill development subsidy of Rs 5,000 per Goan worker will be provided for up to 1,000 workers, along with a subsidy for quality certification, up to Rs 2 lakh subsidy for upgrading logistics and management support software, and tracking services support up to Rs 5,000. The scheme also provides skill development subsidy of Rs 5,000 per Goan worker and up to 1,000 workers per year and subsidy towards upgradation in logistic management software wherein 50% of eligible cost upto Rs Rs 2 lakh per entity will be reimbursed. It also provides custom incentives for mega projects which will be evaluated and approved on a case-to-case basis based on project fee and employment generation. The Industries Minister informed that most proposals for setting up units in Goa come from the logistics and warehousing industry itself.

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