Field Level Financial Literacy Camp organised by Reserve Bank of India and Goa Chamber of Commerce.

Reserve Bank of India in association with Goa Chamber of Commerce organised a Field Level Financial literacy Camp in the Goa Chamber Surendrababu Timblo Hall on 22nd Oct 21

The programme was well attended with over 100 participants from budding MSME entrepreneurs, final year students from major colleges in Goa and bankers.

Dy. GM of RBI, Suru Rajan, GCCI President, Ralph D Sousa , Manguirish Pai Raiker, President- National Council of MSME, ASSOCHAM and  Jayesh Raiker, Chairman Young India ( CII) addressed the audience.

In his inaugural address Ralph De Sousa informed that Goa has an established base for the pharmaceuticals industry. It can also become an emerging destination for knowledge-based industries such as biotechnology and IT/ITES. The Government recently notified the Electronics Manufacturing Cluster Land Allotment Policy, 2021 with EMC coming up at Tuem.

He said that one of the key challenges that the Goan MSME is facing is to obtain necessary industrial approvals. A much awaited single window clearance, shifting government administrative procedures completely on online, and focusing on the ease of doing business by the Goa Government

 Manguirish Pai Raiker stressed  the need for the new generation to get in  manufacturing and service based industry mode taking advantage of the various schemes from the Government of Goa and RBI. He highlighted the potential sectors post covid. He further added that there is a huge pool of skilled and educated job seekers in the state. A robust system to handle the process of skill development, management and to effectively help industry source the required and potential human resources aptly fitting the  requirement is the need of the hour

 Suru Rajan, DGM RBI  discussed the role RBI plays in supporting MSME units. He informed that RBI is focused on the development of MSME as they are the largest contributors to India’s GDP. RBI is working closely with the Finance Ministry to devise schemes, incentives & overall support to the sector. He was informed about some flagships schemes from RBI

 Jayesh Raiker, Chairman Young Indian ( CII)  encouraged the students to take advantage of the various schemes the Government of India is coming out with. “The new generation has to think out of the box and work to be  successful entrepreneurs. RBI and other financial institution support in terms of lending  will always be there,” he added.

There were presentations from Reserve Bank of India , Bank of India, Economic Development Corporation AND Central Bank of India . Two successful MSME entrepreneurs also talked about their journey in the business sector.

A quiz was also conducted for the audience and special audience prizes were given. Carey Mascarenhas, AGM,  from RBI was felicitated on this occasion for his meritorious service

B.S. Borkar, Chief Manager ( EDC), Bharat Sahai, Chief Manager- Bank of India, Kumar Vivek-  Chief Manager, Central Bank of India,  Romit Kumar, Chief Manger- Central Bank of India, Sanjay Amonkar, Director- GCCI and Pallavi Arondekar, Dy. Director -GCCI were also present.

Students and faculty from Don Bosco Engineering College, Goa Institute of Management, MES College, Saraswat College, Government Polytechnic Panaji, Dempo College BBA, Don Bosco BBA and Father Agnel College also attended the programme.

The programme ended with a vote of thanks

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