Incentives to Green Investment Scheme
The Incentives to Green Investment Scheme (IGIS) is implemented by the Directorate of Industries, Trade and Commerce (DITC), Government of Goa under the Goa State Incentives to Encourage Investments Scheme, 2017 (Umbrella Scheme). The scheme was introduced in 2017 to promote environmentally responsible industrial practices and encourage businesses to adopt green technologies and sustainable production methods.
The main objective of the scheme is to support industries that invest in environment-friendly technologies, pollution control systems, renewable energy adoption, and resource-efficient manufacturing processes. By providing financial incentives for such investments, the government aims to reduce environmental impact while improving industrial sustainability. For you as an MSME or manufacturing enterprise in Goa, this scheme can help offset the cost of adopting cleaner technologies and implementing green practices in your operations.
Key Features
- Support for Environment-Friendly Investments - The scheme provides financial assistance to enterprises that invest in technologies or equipment that reduce environmental impact. This may include pollution control systems, waste treatment equipment, energy-efficient machinery, or renewable energy systems.
- Encouraging Sustainable Manufacturing Practices - By supporting green investments, the scheme encourages industries to adopt cleaner production techniques and environmentally responsible operational practices, helping reduce industrial pollution.
- Adoption of Renewable and Energy-Efficient Systems - The scheme supports the integration of renewable energy solutions, energy-saving technologies, and resource-efficient production systems that contribute to long-term sustainability.
- Strengthening Environmental Compliance - Industries often need to invest in technologies to comply with environmental regulations. This scheme helps reduce the financial burden associated with meeting these requirements.
- Supporting Long-Term Industrial Sustainability - Through incentives for green investments, the government aims to promote sustainable industrial growth while protecting environmental resources in Goa.
Financial Assistance
Eligibility Criteria
To qualify for benefits under the scheme, applicants must generally meet the following conditions:
- The applicant must be an industrial unit operating in Goa.
- The enterprise must undertake investment in environmentally sustainable technologies or systems.
- The investment must relate to pollution control, energy efficiency, renewable energy, or resource-efficient production.
- The enterprise must comply with environmental regulations and applicable pollution control norms.
- The enterprise must follow the guidelines issued by the Directorate of Industries, Trade and Commerce.
- Bank account details for subsidy disbursement
Documents Required
Key documents typically required include:
- Business registration certificate
- MSME / Udyam registration certificate (if applicable)
- PAN card of the enterprise
- Detailed project report describing the green investment
- Purchase invoices for equipment or technology installed
- Environmental compliance or pollution control approvals
- Financial statements of the enterprise
- Bank account details for subsidy disbursement
Application Process
Option 1: Apply with Bullit, Recommended
Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.
Option 2: Apply Online / Offline (Government Process)
Online Process
- Visit the Goa government’s industry services portal.
- Register your enterprise and create login credentials.
- Locate the Incentives to Green Investment Scheme application form.
- Fill in details of the green investment project.
- Upload required supporting documents.
- Submit the application and obtain an acknowledgement number.
- Track the application status online.
- Contact DITC for clarification if required.
Offline Process
- Obtain the prescribed application form from the DITC office.
- Fill in the details of the enterprise and green investment project.
- Attach supporting documents such as equipment invoices and environmental approvals.
- Submit the completed application to the department.
- Receive acknowledgement of submission.
- The department reviews the application before approving the subsidy.
Frequently asked questions
What is the purpose of the Incentives to Green Investment Scheme?
The scheme aims to encourage industries in Goa to adopt environmentally sustainable technologies and production practices by providing financial incentives for green investments.
Who implements this scheme in Goa?
The scheme is implemented by the Directorate of Industries, Trade and Commerce, Government of Goa, which manages applications and approves subsidy claims.
Which enterprises can apply for the scheme?
Industrial units operating in Goa that undertake investments in environmentally sustainable technologies or pollution control systems may apply for benefits under the scheme.
What types of investments qualify under this scheme?
Investments in pollution control equipment, energy-efficient machinery, renewable energy systems, and waste management technologies may qualify under the scheme.
Can MSMEs benefit from this scheme?
Yes, MSMEs are among the key beneficiaries of the scheme as it supports them in adopting environmentally responsible technologies.
Is the subsidy linked to the value of the green investment?
Yes, the subsidy is generally linked to the cost of the investment made in eligible green technologies or equipment.