Business

RFC Delegation Visits EDC to Study Turnaround Strategy and Success Measures


The Goa Economic Development Corporation (EDC) welcomed a delegation from the Rajasthan Financial Corporation (RFC), which visited its office to study and exchange insights on the successful turnaround strategies implemented by EDC over the years.

The RFC delegation was led by Dr. Har Sahay Meena, IAS, Executive Director, accompanied by Ramesh Sankhala, RAcs, ED (Finance) and Richhpal Pawaria, Manager. Their visit aimed to understand the structural reforms, innovative practices, and operational efficiencies that have contributed to EDC’s strong performance and sustainable growth.

During the session, EDC Managing Director B.S. Pai Angle, along with General Manager Ashwin Kamat and Deputy General Manager John Souza, delivered an in-depth presentation. They highlighted the challenges EDC faced in previous years, the strategic interventions adopted, and the transformative steps that led to significant improvement in operations and outcomes.

The interaction served as a platform for mutual learning, enabling both institutions to explore collaborative approaches, share experiences, and enhance institutional practices to better support entrepreneurship and economic development.

The visit reinforced the importance of knowledge-sharing among state financial institutions across the country, with EDC standing as a model of innovation, resilience, and effective financial management.


Discover more from Allycaral

Subscribe to get the latest posts sent to your email.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.