the goan I network
PANAJI
The manufacturing and production enterprise through the co-operative sector is set to get a Rs 650-crore booster doze if the State government’s plans to handhold thousands of existing and future co-operatives to enter technology-driven industry and avail funds which the National Co-operative Development Corporation is willing to pump in.
Chief Minister Pramod Sawant said: “The NCDC is ready to spend Rs 650 crore in Goa to encourage co-operatives to enter manufacturing and technology-supported enterprises.”
Sawant said the Department of Co-operation has drawn up an action plan to train and help those in the State’s co-operative sector so as to avail the financial incentives from NCDC.
Over 2000 co-operative bodies other than housing societies have been invited to a day-long programme which will be curated by the NCDC on July 9 at the Taleigao Community Hall.
Sawant said he and Co-operation Minister Govind Gaude will attend the event where top officials of NCDC will guide the delegates on some business ideas as well as how to go about availing finance from the national body.
The Chief Minister also hoped that it will kick-start a movement by which co-operatives will get into manufacturing businesses in a big way through the effort.
“It has the potential to create jobs and I think Goa’s co-operative sector should have a go at it,” Sawant said, adding that a set of ‘empanelled consultants’ will be authorised to assist the co-operatives to draw up business plans and present their
case for financial support from NCDC.
