Financial Assistance To Cultural Organizations With National Presence
in Goa
Last updated:
Financial Assistance To Cultural Organizations With National Presence in Goa
Financial Assistance To Cultural Organizations With National Presence is a government scheme available to eligible residents of Goa.
Apply for Financial Assistance To Cultural Organizations With National Presence in Goa
Scheme Overview
The objective of this scheme component is to provide financial assistance to cultural organizations with a national presence to meet the expenditure incurred in conducting cultural programmes and festivals.
Eligibility Criteria
The applicant Organization should, in order to qualify for grant, have a properly constituted managing body or governing body or governing council with its powers, duties and responsibilities clearly defined and laid down in the form of a written constitution.
It should have facilities, resources, personnel and experience to take up the project for which grant is required.
The Applicant Organization should be registered in India having an all India Character with national presence and should have operational presence at national/international level.
The activities of the organization should be primarily or significantly cultural.
The Organization should have capacity to do at least 20 events/programmes in a year.
The Organization should have adequate working strength artistes/staff/volunteers.
The Organization should have spent ₹1 crore or more during 3 of the last 5 years on cultural activities.
Financial assistance will be given for all or any of the items listed below:
- Normally up to 25% of total Govt. grant may be utilized for Maintenance (Salary of staff, Office Expenses, Miscellaneous Expenses) and Construction/Repairs/Extension/Restoration/Renovation of the Building of the Institute/Organization/Culture focused on promotion of Art & Culture.
- Normally up to 75% of the total Govt. grant should in any case be utilized for Payment of Honorarium and other miscellaneous expenses on showcasing/production of events important to the preservation or promotion of cultural heritage and arts including Research Projects on promotion of Art & Culture.
Benefits
An Organization would normally be given financial assistance amounting to ₹1.00 crore.
The financial assistance by the Ministry would be limited to ₹2.00 crores only. However, the amount may be enhanced up to ₹5.00 crores in exceptional/deserving cases, with the approval of HCM.
Assistance under the scheme to an Organization will be restricted to a maximum of 67% of the approved cost, subject to the ceilings given above. The balance 33% of the approved cost is to be incurred by the Organization as its ‘matching share’ (other than the contribution by State/UT Government/Union Ministries/PSUs/Universities etc.)
Required Documents
| # | Document |
|---|---|
| 1 | Constitution of the Organization |
| 2 | Constitution of the Board of Management of Governing Body and particulars of each member |
| 3 | Copy of the latest available Annual Report |
| 4 | A statement of income and expenditure of the applicant organization for the previous three years and a copy of the balance sheet for the previous. |
| 5 | An Indemnity Bond in the prescribed Performa on a stamp paper of appropriate denomination. |
| 6 | Details of the bank account in the prescribed Pro forma to enable electronic transfer of sanctioned grant. |
| 7 | A detailed project report including: |
| 8 | Description of the project for which assistance is required along with its duration. |
| 9 | The financial statement of the project gives item-wise details of recurring and non recurring expenditure separately. |
| 10 | The source(s) from which counterpart funds will be obtained. |
Common questions in Goa
Who can apply for Financial Assistance To Cultural Organizations With National Presence in Goa?
Eligible residents of Goa who meet the scheme’s overall criteria can apply for Financial Assistance To Cultural Organizations With National Presence. Refer to the eligibility section above for the complete checklist.
What documents are required for Financial Assistance To Cultural Organizations With National Presence in Goa?
Applicants in Goa typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
The objective of the scheme is to provide financial assistance to Cultural Organizations with National Presence to meet the expenditure to be incurred on conducting the cultural programmes/festivals.