Digital Goa, Nov 3 – Goa has been recommended for a total incentive of ₹400 crore under the Government of India’s Scheme for Special Assistance to States for Capital Investment (SASCI) 2025-26 for achieving key mining sector reforms. “The assistance has been extended for Meeting the Target of Operationalizing 2 Mining Blocks in the State in Year 2025-26. The Govt of Goa carried out Transparent process of Auction of Blocks and extended all the support to revive, operationalize Mining in the state,” informed CM Pramod Sawant. According to an Office Memorandum issued by the Union Ministry of Mines on October 31, 2025, ₹300 crore has been recommended for Goa under Component-II (Mine Operationalization) for meeting the target of operationalising two auctioned mining blocks in FY 2025-26. ₹100 crore has been recommended under Component-III (State Mining Readiness Index based reforms) where Goa has secured Category B, Rank 1. The memorandum also states that Goa has certified it is not imposing any new State-level taxes on the mining sector, one of the key eligibility conditions. Department of Expenditure has been directed by the Union Mines Ministry to release the incentive amount to the states. This comes as the state prepares for resumption of iron ore mining under new auction-based leases after a decade-long halt. The funds have been released to 6 other states in addition to Goa who had submitted proposal to the center for release of incentive money.
