The Goa Industrial Development Corporation Allotment (Second Amendment) Regulations, 2021.

The Government of Goa on 8th March 2021 has published the Goa Industrial Development Corporation Allotment (Second Amendment) Regulations, 2021 .

The amendment substitutes the term industrial undertaking as follows:

Manufacturing Industry related to manufacturing (manufacturing, processing etc. classified as per the National Industrial Classification which is used to issue Udyog Adhar Memorandum/Udhayam registration by Ministry of MSME and for large scale Industry and Internal Trade Ministry of Commerce & Industry) of all types of goods except tobacco products and any other product/activity barred by the specific orders of the Government or ‘by the Corporation.”

Further regulation 8 which specifies the investment done by the Goa Corporation, has been substituted, namely: 

“The allotment done by the Corporation shall be generally in consonance with the Investment Policy of the State of Goa and norms prescribed under the environmental guidelines issued by the Government from time to time. Accordingly, allotment in Industrial Estates will be restricted to Industries in the Green and Orange categories only. Further, no new allotment for tobacco product industry will be allowed in the Industrial Estates of the Corporation.”

RECENT UPDATES