WTC Goa celebrates World MSME Day

World Trade Center Goa organized a Seminar with the theme "MSMEs and Global Economy" on 27th June 2019 to commemorate the World MSME Day that is annually celebrated around the globe.

Mr G R Akadas, Director, Medium, Small and Micro Industries, Development Institute (MSME Di), Goa, highlighted the various ongoing schemes, like, Promotion of Udyog Aadhar Memorandum (UAM) Credit Linked Capital Subsidy scheme and lean manufacturing schemes among many other. Mr. Akadas also informed that they also organize Industrial Motivation Camps for enhancing entrepreneurial Skill Development. Mr Akadas, while also explaining some of the new schemes to be launched in the near future, encouraged the delegates present to take advantage of the many schemes on offer to upscale their production levels to cater to the Global Markets.

Ms. Geeta Joshi, Planning Officer, Directorate of Industries, Trade & Commerce, Government of Goa, presented an overview of the "Umbrella Schemes" that the State Government has on offer to the MSMEs. She made a detailed presentation of Schemes like The Capital Subsidy Scheme, Interest Subsidy Scheme, incentives for training prospective Employees Scheme etc... Ms. Joshi also explained the eligibility criteria, benefits, ceiling and period of validity of each of the schemes.

Mr A V Raviprakash, Chief General Manager (Commercial) Goa Shipyard Limited spoke on the Goa Shipyard Ltd's (GSL) policy to strengthen the local MSE Eco System in Goa. He emphasized the need to involve more women and the Scheduled Caste and Scheduled Tribe entrepreneurs in the manufacturing sector. Mr Raviprakash presented an in-depth explanation on opportunities that the GSL offers to the local vendors and gave an overview of the Vendor Development Programmes that would benefit the local entrepreneurs in a very positive way.

While thanking the delegates present, Mr Shashi Kumar, Assistant Director (Gr.1) MSME Di expressed to all delegated present to take advantage of the various Central and Local Government initiatives to enhance productivity to grow locally and prosper globally.

Earlier, Mr Cyril Desouza, Assistant Director, Trade Promotion, World Trade Center Goa, in his opening remarks and welcome address, said that he hoped that through this seminar, a major public awareness would be created for the MSMEs, especially in regard to their support to the large manufacturing units, their employment generation, contribution to their respective country's GDP as well as their support in facilitating International Trade.

Seen in picture 1 (L-R)
Mr Cyril Desouza, Assistant Director - Trade Promotion, World Trade Center Goa, Mr Shashi Kumar, Assistant Director (Gr1), MSME Development Institute Goa, Mr G R Akadas, Director, MSME Development Institute Goa, Mr A V Raviprakash, Chief General Manager, (Commercial) Goa Shipyard Limited and Ms Geeta Joshi, Planning Officer, Directorate of Industries, Trade & Commerce, Government of Goa.