Goa CM Pramod Sawant Launches New Scheme to Help Sick Industries
Goa Chief Minister Pramod Sawant introduced the Goa-Industrial Development Corporation Exit Support scheme at Mantralaya in Porvorim. This scheme allows sick industrial units to exit the state, freeing up around 12.75 lakh sq mt of land for new businesses and job creation.
The scheme was unveiled in the presence of state Industries Minister Mauvin Godinho and Goa Industrial Development Corporation (GIDC) chairman Alexio Reginaldo Lourenco. Sawant emphasized that the initiative will help interested entrepreneurs get plots for their units and provide employment opportunities for job seekers.
He stated, “Many seek industrial plots under the Industrial Development Corporation. Once the current leaseholders wish to exit, the new industries can enter and create employment.” The government encourages environment-friendly units and has streamlined the process of transfer to make non-functional units operational again.
The government has identified 423 sick units that have been lying unused for a long time. Sawant urged new entrepreneurs to take advantage of the Goa-IDC Exit Support Scheme. There are 24 industrial estates in Goa where the Industrial Development Corporation provides plots on lease.
The Corporation, in collaboration with the Goa Investment Promotion Board (Goa-IPB) and industry bodies, will organize Transferor-Transferee meetings and publicize available plots through various channels, including newspapers and government websites.
Earlier, Sawant met Prime Minister Narendra Modi in New Delhi to seek guidance and support for building a Viksit Goa under the vision of Viksit Bharat 2047.
