Team Goemkarponn
PANAJI: Chief Minister Pramod Sawant said that EDC Limited continues to play a key role in strengthening Goa’s industrial and entrepreneurial ecosystem while supporting MSMEs across the state.
Sawant, who chaired the 408th Board Meeting of EDC Limited at EDC House, said several important policy decisions were taken to further boost entrepreneurship, industrial growth and financial support mechanisms in Goa.
The Board sanctioned term loans and approved the Accounts for FY 2025–26, with EDC reporting a revenue of ₹94 crore and a Profit Before Tax of around ₹68 crore. The company maintained a low NPA level of 0.30 per cent.
“Complimented the officers and staff of EDC for this commendable financial performance. EDC continues to support MSMEs, entrepreneurship and economic growth in Goa, aligned with the vision of Swayampurna Goa and Viksit Goa,” Sawant said.
The meeting also reviewed key initiatives including the Easy Exit Scheme for CMRY borrowers, loan schemes for solar and renewable energy projects, and the Working Capital Term Loan Scheme.
The Chief Minister said such initiatives would help create a stronger business environment and encourage more Goans to pursue entrepreneurial opportunities.
