Goa Government Launches Initiatives to Boost MSMEs

The State Government of Goa recently initiated three programs aimed at fostering Micro, Small, and Medium Enterprises (MSMEs). These initiatives include Raising and Accelerating MSME Performance (RAMP), the Business Facilitation Center (BFC), and the Women Entrepreneurship Facilitation Center (WEFC).

During the launch at Mantralaya, Porvorim, marking World MSME Day, Chief Minister, Dr Pramod Sawant, emphasised the importance of collaboration in advancing MSMEs, stating, “If everyone works together, it is possible to build a strong future for Goa in MSMEs.” The event’s theme, ‘Building a stronger future together,’ underscored the collective effort needed.

Acknowledging policymakers and implementers gathered at the event, Dr Sawant praised their commitment to MSMEs. He also highlighted the need to promote green jobs and eco-friendly initiatives within the MSME sector.

Minister for Industries, Mauvin Godinho, highlighted Goa’s conducive environment for industries and affirmed the State’s commitment to supporting MSMEs, noting a significant budget allocation of Rs 61 crore this year.

Additionally, Dr Sawant emphasised the aim of increasing the contribution of Goa’s 51,745 registered MSMEs to the State’s GDP, which currently stands at around 7%.

The event saw the participation of Aleixo Reginaldo Lourenco, Chairman of Goa Industrial Development Corporation (IDC), Swetika Sachan, IAS, Secretary of Industries, Trade and Commerce, and Egna Cleetus, IAS, Director of Industries, Trade and Commerce, who presented the key aspects of the RAMP scheme.

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