Panaji: The state-run Economic Development Corporation (EDC) Ltd posted a revenue of Rs 94 crore and a profit before tax of around Rs 68 crore in the financial year 2025–26, while maintaining a non-performing assets (NPA) ratio of just 0.30 per cent, Goa Chief Minister Dr Pramod Sawant said on Wednesday.
Sawant chaired the 408th Board Meeting of EDC Ltd on Tuesday, during which several policy decisions aimed at strengthening Goa’s industrial, MSME, and entrepreneurial ecosystem were taken, an official statement said.
The Chief Minister said the board sanctioned term loans and approved the accounts for FY 2025–26.
“EDC has posted a revenue of Rs 94 crore and a profit before tax of around Rs 68 crore, while maintaining an exceptionally low NPA of just 0.30 per cent,” Sawant said.
He complimented the officers and staff of EDC for the strong financial performance.
The board also reviewed key initiatives, including the Easy Exit Scheme for beneficiaries of the Chief Minister’s Rozgar Yojana (CMRY), loan schemes for solar and renewable energy projects, and the Working Capital Term Loan Scheme, the statement said.
Sawant said EDC continues to play a vital role in supporting micro, small and medium enterprises (MSMEs), entrepreneurship, and economic growth in the state.
He said the corporation’s initiatives are aligned with the government’s vision of “Swayampurna Goa” and “Viksit Goa”, aimed at promoting self-reliance and sustainable economic development.
