Home NewsTop NewsGoa approves Logistics and Warehousing incentive scheme

Goa approves Logistics and Warehousing incentive scheme

by Constrofacilitator
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The Goa State Cabinet has sanctioned the Goa State Logistics and Warehousing Incentives Scheme, 2025, with the objective of reinforcing the state’s status as a logistics center.

This scheme is set to operate for a duration of three years and is in accordance with the Goa Logistics and Warehousing Policy, 2023, as well as national programs such as PM GatiShakti and the National Logistics Policy. Its goals include improving infrastructure, encouraging private sector involvement, and promoting skill development.

The incentives offered comprise a reimbursement of 10-15 percent of qualifying fixed capital investment, limited to Rs 50 lakh per unit, along with a 50 percent interest subsidy for a period of 3-5 years, not exceeding Rs 25 lakh per annum.

Furthermore, the government will extend a 100 percent reimbursement of stamp duty and registration fees, capped at Rs 10 lakh, in addition to electricity duty reimbursement for cold chain facilities, limited to Rs five lakh each year.

Moreover, qualifying entities will be granted Rs 5,000 for each Goan worker as a skill development subsidy, applicable to a maximum of 1,000 workers annually. To qualify for full benefits, employment must consist of at least 60 percent Goan workforce.

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