- Knowledge & News Network (KNN)
"Goa Industrialists call for a security fund for MSMEs"
As a part of the inputs on the draft, Goa Industrial Growth and Investment Promotion Policy – 2022, the local Industrialists have suggested the government set up a security fund for MSMEs.
The list of recommendations was submitted by the Goa Chamber of Commerce and Industry (GCCI) to Swetika Sachan who is the CEO of the Goa Investment Promotion Board (IPB).
Recommending the state to constitute a dedicated state-level banker’s committee (SLBC) that can create a special corpus fund, the industrial body said the corpus will act as a security fund for MSME units under crisis management.
Looking out for industrial workers losing jobs due to industry closures, the chamber has urged the government to explore the possibility of creating a safety net scheme for them.