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 EDCโ€™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.

Events in Goa

Celebrating the Spirit of Enterprise and Empowerment: Entrepreneurship Week 2025


Written by Tanisha Cardozo || Team Allycaral

Entrepreneurship Week 2025, held on November 10 at Nalanda, EDC House, Panaji, Goa, was a vibrant celebration of innovation, resilience, and empowerment. The event brought together entrepreneurs, innovators, and ecosystem enablers who are redefining Goaโ€™s economic and social landscape through enterprise.

The week-long initiative focused on nurturing an inclusive and sustainable entrepreneurial culture that values creativity, collaboration, and long-term impact. Participants included startups, women entrepreneurs, mentors, investors, and policy leaders who shared their insights on building scalable and responsible businesses.

The sessions highlighted themes of innovation-driven growth, digital transformation, inclusive leadership, and the importance of resilience in entrepreneurship. Attendees engaged in interactive dialogues, workshops, and showcases that celebrated both emerging ideas and successful local ventures.

EDC Goa and Nalanda served as the perfect venues for this collaborative effort, symbolizing the stateโ€™s commitment to fostering entrepreneurship as a cornerstone of progress. From young founders to seasoned business leaders, the gathering echoed a shared belief that enterprise is not just about profit but about purpose, creativity, and empowerment.

Entrepreneurship Week 2025 concluded on an inspiring note, reaffirming that the spirit of enterprise thrives where ideas meet opportunity and where empowerment becomes a collective journey toward inclusive growth.