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Reach out to over 800 people through our “E-weekly Email Newsletter” sent out once a week every Monday for a nominal fee of Rs.250/- per issue.
Chamber maintains record of all important statistics received from Government, including publications such as Foreign Trade Statistics of India, copies of weekly bulletin of Industrial Licences, Import and Export Licences and other publications.
Certificate of Origin
By statutory arrangements with the Ministry of Commerce, Government of India, we issue non-preferential “Certificates of Origin” in respect of goods exported from India. These Certificates are accepted as authentic documents by the Embassies, Consulates and Trade Commissions of various countries world-wide. You may download the forms shown below and the same can be submitted at the Chamber office in Panjim or Verna.
Conducting business at GCCI allows you to do so in an appealing ambience. Our wide range of fully equipped private meeting rooms and a large Conference Halls offers the perfect combination of efficiency and convenience. Find the perfect venue for your next business meetings, programme and informal gatherings.
We endorse and attest Price Lists, Tender Documents, and Product Quality documents etc, of members required for International Trade. Processing Fee: Rs.100/- per document.
Goa IT Incubator
The Goa IT Innovation Centre, is Goa’s first IT Incubator which has been established by the Department of Industries Trade and Commerce , Government of Goa and the Goa Chamber of Commerce and Industry to hand hold and assist startup IT companies to successfuly establish their companies in Goa.
The Chamber has a in-house library containing large volumes of information received from other Indian states and foreign countries in the form of CDs, catalogues, reports, laws, gazettes, reference books and publications on various subjects of interest to business and industry.
We issue Letters of Introduction to Chambers of Commerce worldwide, to assist members visiting those countries for business and commercial matters.
More Member Services
A complimentary hard-copy of the Chamber’s Monthly Bulletins, Annual Report. A FREE-copy of Trade and Commercial directory, which the Chamber periodically publishes, Encourage participation in several important meetings, seminars, workshops of the Chamber.
From time-to-time, the Chamber releases publications as part of our services to the industry. Articles which are educative are also published in the monthly GCCI bulletin which is mailed to all members. New members get a FREE copy of the Trade and Commercial Directory .
We assist in providing Letters of Recommendation for the issuance of visa are addressed to Embassies, High Commissions, Consulates and Trade Commissions on request from our members intending to travel abroad for promotion of business. Members have to submit a formal application on official company letter-head addressed to us requesting the issuance of Letter of Visa Recommendation. A processing Fee of Rs.100/- per letter will be charged.
Goa Chamber in association with Western Ghats Kokum Foundation, State Agriculture Department, NABARD and ICAR is organising an advanced workshop on JackfruitProcessing on Friday, 15th June 2018 at GCCI Convention Hall in Panaji. Time: 9.30 am Venue: GCCI Convention Hall Entry Free, Prior Registration is mandatory.
Advanced Workshop on Jackfruit Processing
DAY : MONDAY, 5th MARCH 2018 at 4pm- 6pm LOCATION : GOA CHAMBER OF COMMERCE & INDUSTRY, PANJIM. Interactive Session with Mr Rahul Narvekar About Rahul Narvekar: Rahul Narvekar, Director and CEO of Sun and Sands Enterprises Pvt. Ltd., a Japan-based Advisory firm and the Founder and CEO of The India Network and Founder Director of Scale Ventures (an early stage SEBI approved INR 100 Cr. alternate investment fund), is an entrepreneur who started his career at an early age, as a door to door salesman to support his education.
Interactive Session with Rahul Narvekar
Goa Chamber is organising a full day seminar on “GST Case Studies and anti-profiteering in Real Estate & Tourism Sectors” Date :Saturday, 3rd March Time : 9.30 am to 5.30 pm Venue: Institute Menezes Braganza Hall , Panaji The seminar in association with Chamber of Tax Consultants – Mumbai, Institute of Chartered Accountants of India – Goa Branch, will include two distinct sessions with two morning sessions catering to the Tourism Sector, which will include Hotels, Travel Agents, Tour Operators and other Tourism-related service providers. While the two afternoon sessions will cater to the Real Estate Sector including Builders, Developers, Land owners, Works Contractors, Real Estate Agents and In addition to case studies there will be a discussion on the aspects of anti-profiteering related to your scope of business. Participation fees: (incl. GST) For Both Seminars: Rs 1600/- (LUNCH + TEA) For One Seminar : Rs 850/- (TEA) Early Bird Discount Rs 100/- for those registering before 26th Feb To register call GCCI (Ph. 0832 2424252) or email at firstname.lastname@example.org WatsApp: +91 9764 161 205
Seminar on “GST Case Studies and anti-profiteering in Real Estate & Tourism Sectors”
Date : 11th Feb 2018 Venue : O’Coqueiro Restaurant , Porvorim Preliminary Round : 3:30 pm and Finals at 6:30 pm . A battle of wits designed to reward the smartest business & technology minds.. Great opportunity to meet National Biz Leaders and Rising Student Stars with confirmed participation from 50 top business & college teams from all over India in an evening of fun and curiosity. If you would like to participate, please form teams of two and register at www.jigyasaquiz.com . Registration fee of Rs.2100/- for each corporate team.
Tangentia Jigyasa Quiz 2018 – 2nd Edition
BarCamp is an ad-hoc unconference born from the desire for people to share and learn in an open environment. It is an intense event with discussions, demos and interaction from attendees. Speaker Registration: https://goo.gl/6JXfAw Delegates ( Free to Attend ) : https://goo.gl/oPJpNR
BARCAMP GOA 2018
In Feb 2018, BNI Goa is organising the ‘Goa BizFest’ – for Celebrating Entrepreneurship Fuelling Aspirations in partnership with industry associations and other business organizations in Goa. With business friendly decisions and initiatives coming from the Indian Government, a feeling of hope has descended upon the business community. In Goa, a very holistic and well calibrated investment policy considering Goan ethos was formulated and implementation followed through. This too is generating the right business climate in our state of Goa. Day: 8,9,10th Feb 2018
GOA BIZ FEST
Annual General Meeting (AGM) on 30th June 2018
The Annual General Meeting of the Goa Chamber of Commerce and Industry is held every year in June. It usually consists of a Business Session which is open only to the members of the Chamber and a General Session which is attended by members, guests and invitees. The Chamber usually invites a leading personality as the Chief Guest drawn either from the Government or from the Business Community.
ASTURI – Programme for Women Entepreneurs
The GCCI Womens Wing is committed to raise the level of Women Entrepreneurs along with providing avenues to reach their products beyond the geographical boundaries of Goa. The Womens Wing is also hopeful of carving out a niche market for Women Entrepreneurs.
Seminar on EXIM Policy
Each year the new EXIM Policy is unveiled in April. The new policy is a comprehensive document on India’s foreign trade promotion framework, touching upon all relevant issues including the country’s stand on WTO matters, bilateral trade issues and free trade agreements. Regulations on the foreign currency front and export financing facilities may also be highlighted in the document. The Chamber organizes a seminar on EXIM policy every year as it finds that it is essential for everybody connected with Exim trade to understand National Foreign Trade Policy in depth.
Live Telecast of Union Budget
Every year the Union Finance Minister presents the Union General Budget to the Parliament on 28th February. This being an event of great interest to all members of the trade, every year the Chamber telecasts the presentation live at the Chamber’s Convention Hall. On this occasion heads of various trade and industry associations, prominent industrialists and businessmen , Govt. officials, Press etc. are invited to view the live telecast and express their immediate reactions on the General Budget. A working lunch is generally provided.
Latest Update From the Chamber
President’s Desk – GCCI Bulletin April 2018
Dear members, I was the Chief Guest at the “Global HR Summit’ organised in Panaji in April. A number of reputed speakers were lined up for the event. I had the fortune to listen to some of them and it was interesting to note the paradigm shift in HR . HR is increasingly using data analytics to study employee behavior and needs.
President’s Desk – GCCI Bulletin April 2018
Dear members, I was the Chief Guest at the “Global HR Summit’ organised in Panaji in April. A number of reputed speakers were lined up for the event. I had the fortune to listen to some of them and it was interesting to note the paradigm shift in HR . HR is increasingly using data analytics to study employee behavior and needs. Employee experience is one of the main areas HR will be focusing on in 2018, which will be as important as customer experience. I was surprised to learn that Artificial Intelligence is being used in HR and will play a key role in hiring and identifying employee needs, in their training, engagement, mentoring. Digital disrupters are playing a major role in recruitment, leave-tracking and employee well-being. Greater the use of technology and digitisation in an organization and higher the automation, greater will be the need for constant upskilling and re-skilling of employees. This need not be restricted to one’s own area of expertise but employees will be encouraged to skill themselves in divergent areas. Though AI may lead to a loss of jobs in some areas as jobs in the lower range of skills and complexities are getting […]
President’s Desk – GCCI Bulletin March 2018
Dear Members, The Indian banking system is beleaguered with non-performing assets (NPAs). According to the Reserve Bank of India’s Financial Stability Report of December 2017, the NPAs currently stand at 10.2 per cent of all assets, while stressed assets, which are believed to be NPAs in effect, stand at 12.8 per cent. At the quarter ending December 2017, the bad loans were reported to be around Rupees 8,40,958 crores. But with the Reserve Bank of India (RBI) announcing a complete overhaul of the stressed assets resolution with a strict 180-day deadline, analysts are expecting a spike in the reported NPA levels for some of the large borrowers. The bulk of India’s soured loans are owed to state-run Banks that dominate the banking system. Criminal investigations into some defaults, in which former bank bosses have been arrested, have made today’s managers fearful that bad lending decisions might come back to haunt them. Government has recently announced PSBs reforms agenda for responsive and responsible banking, which encapsulates a synergistic approach for ensuring prudential and clean lending, better customer service, enhanced credit availability, focus on micro, small and medium enterprises and better governance. RBI has eased its NPA recognition criterion for banks for […]
President’s Desk – GCCI Bulletin February 2018
Dear Members, Goa has again received a jolt. The Supreme Court Judgement of February 7, has virtually given a notice of closure to all mining operations in Goa effective March 16, 2018. It is a huge setback to Goa’s economy and will affect the livelihoods of thousands of families of the mining dependents. After the severe impact of stoppage of mining three years back, , Goa’s mining slowly started limping back to normal or almost, in 2017. From 40,000 MT which was being excavated, court directions scaled it to 20,000 MT. annually. While the State Government had come out with various packages to help mining affected people during the earlier closure, some of the stakeholders like barge owners are yet to come out completely from the economic impact of the said closure period. While Chamber has completely supported the crackdown on illegal mining, we have been equally categorical about the tremendous economic benefits that have accrued to the state and its people due to mining – huge employment generation in mining and allied areas, mushrooming of allied industries and business such as the barge industry, machinery hirers, transport industry, garages, repair works, restaurants and even simple tea-stalls. The Goan leaseholders […]
President’s Desk – GCCI Bulletin January 2018
Dear Members, January 2018 ! and we are off to a fresh start. Fresh and young is generally what entrepreneurs are. Instead of years of wisdom, what they get with them is high energy and terrific ideas- many of which have changed the entire way we do business. Entrepreneurship continues to be the harbinger of economic growth in the country and the world. Ms. Ivanka Trump, Advisor to U.S President Donald Trump, led the US delegation at the eighth annual Global Entrepreneurship Summit (GES) in Hyderabad. Part of her delegation was international business advocate, Ms. Purnima Voria, Founder and CEO of the National US India Chamber of Commerce (NUICC) & Advisor to the Obama Administration on the National Advisory Council on Minority Business Enterprises. Ms Voria agreed to share her experiences at the Summit with the members of Goan Business Community in January: ‘POST GES 2017 – Opportunities and Challenges for Entrepreneurs.’ She encouraged Indian, in particular, Goan entrepreneurs to connect with US businesses and to be ready for volumes as the U. S. is a vast global market. The U.S has a new leadership style. President Trump was elected in 2016, but people, it would seem, have yet to come to […]
President’s Desk – GCCI Bulletin December 2017
Dear members, We all agree that times are changing. Every generation thinks that ‘when they were young, those were the golden days, the best times’ etc. While, which were the best times may be debatable, what is notable is that today, change is taking place at the fastest pace imaginable. What happened over decades is now scrunched into years. There is a deluge of information. Rapid advances have been made in science and technology which pervade almost all fields even arts. New fields, new options have opened up as never before and the age old arts, science and commerce can longer be the strait-jacketed options. Sadly, our students, our future are still saddled with age-old curriculum . While several additions have been made to all curricula, deletions are scarce. The emphasis is still on just purging on paper all that is learnt whether the knowledge is relevant, still applicable in today’s times is not important. What is judged is the student’s ability to regurgitate all the input. The general outcome is a generation of youth burdened with the information but without an idea ( applicability and the relevance of what they have learnt This youth now enters the industry. Totally […]
President’s Desk – GCCI Bulletin November 2017
Dear Members, The demand for real estate projects has increased tremendously all over the country resulting in a lot of fly-by-night operators and irregularities in the real estate sector. Builders, agents have sprung up overnight, made money and disappeared in the shadows. Home buyers in India have been facing the brunt of stalling of housing projects over extended periods of time and many projects have not even seen the light of the day while investors and home-buyers have lost savings and peace of mind. Finally, the Government of India had to intervene and the RERA-misappropriation of funds, incomplete projects, sub-standard materials and construction and building collapses in many cases even in our state. Since many Goans have settled abroad, their property has been used by nefarious agents and brokers and sold multiple times to unsuspecting buyers. Cash transactions have even deprived the government of tax revenue. RERA, I am sure will bring in a standardization in the real estate sector especially the housing sector. Real estate market is generally cash driven. Demonetisation had already taken the wind out of the sails of the cash economy and the real estate sector has no doubt been affected by this. On the bright […]
President’s Desk – GCCI Bulletin October 2017
Dear Members, It is indeed heartening that our request to the Hon’ble Chief Minister, Mr Manohar Parrikar to reconsider and modify some aspects of GST has paid dividends. His presence and timely assertions at the GST Council’s meeting on 6th October helped us to secure many concessions which will make compliance much easier, particularly for small and medium tax payers. Increasing of turnover limit for Composition Scheme, limiting frequency of returns for taxpayers with annual turnover below Rs. 150 lakhs, suspension of reverse charge mechanism till 31st March 2018 and deferment of E-Way Bill provisions are some of the major concessions that the Hon’ble Chief Minister was able to secure and which will provide a lot of relief to tax payers. On behalf of the trade and industry and more particularly on behalf of the small and medium enterprises, I wish to express our sincere gratitude to him for his efforts in mitigating the difficulties faced by the industry in implementation of GST. I had stated earlier that the industry welcomes the consolidation of four wage laws into one code by the Centre, which will signal the further consolidation and rationalization of labour laws. However, one provision in ‘The Code […]
President’s Desk – GCCI Bulletin September 2017
September is a special month. On the 5th of this month, we celebrate Teachers’ Day. Teachers are our gurus, our guides , our hand-holders and motivators. Teachers shape our communities and our outlook towards life. It is the teacher’s special skill to encourage the ones left behind and to build up their confidence to face the world. They prepare us in the present to be who we are in the future . But learning in life never ceases. It is an un-ending process. Nothing prepares us for failure except the will to re-learn and to try again. And that is when we become our own teacher. The events around us, the people , the challenges and the opportunities become our teachers. But in this phase there is little or no hand -holding. It is upto us to seek and to learn. After graduation, many students find themselves at a loose end. They find that jobs are difficult to come by and industry feels that students though armed with a degree are not job-ready. The Education Committee of the Chamber in association with the Directorate of Technical Education decided to put the spotlight on this issue (very appropriately in September if […]
President’s Desk – GCCI Bulletin August 2017
Dear Members, We welcomed Ganapati Bappa with great joy and fervour this month.Chaturthi was earlier than usual and it seemed that Bappa wanted to make his presence felt sooner this time around. Ganapati or Vighnaharta is the God of wisdom and the remover of obstacles. Wisdom is what guides us on the right path to do the right things. And wisdom is what Goa needs. Goa is a small state and ideally placed to be a model state in all respects, be it in the tourism, IT, logistics and education sectors or in the implementation of various government initiatives. If we take the initiative and determine to be the best or even be among the best, success cannot be far away. IT as a sector is a good example. It is well known and accepted that small IT companies and start-ups are what Goa needs. The Government therefore needs to put in more vigorous efforts to secure Goa as a niche IT destination. The Government has already started laying the groundwork through its initiatives of revamping the IT Policy, earmarking land for the IT Park in Chimbel and planning the setup of the Electronic Manufacturing Cluster at Tuem. The Government is also planning to […]
President’s Desk – GCCI Bulletin July 2017
Dear Members, I feel extremely privileged to take over as the 38* President of the Goa Chamber of Commerce & Industry, in its 109* year of glorious existence and recognition. I also extend my sincere thanks, through this Page, being my first communique, to all my members for having elected me as the President of this illustrious association. I will continue to seek support and cooperation for the growth and development of the business ecosystem. Before I proceed further, I would like to thank our Immediate Past President Mr. Nana Bandekar with a promise that we will work around the vision with which he had flagged the Chamber’s journey during his term. I was introduced to the Chamber by two past presidents Mr. Nitin Kunkolienker and Mr. Manguirish Pai Raiker in 2002. From then on, my journey began as a member of the taxation committee of the Chamber to eventually heading the same up to June 2017. I have been a part of the Managing Committee for the last fifteen years and have been the Vice President for six years. As the newly elected President, my scope of contribution will now go beyond individual committees and extend to the entire […]
President’s Desk – GCCI Bulletin June 2017
Dear Members, I bid adieu to you through these pages the final ‘President’s Desk’ of my term. The highlight of this month was the Chamber’s 109′ Annual General Meeting which was well attended by members and invitees. We had invited Padmabhushan Dr. V K Saraswat, member of NITI Aayog as keynote speaker. It was a matter of pride for us to host one of the most gifted scientists of our country. A Ph.D in combustion engineering, Dr Saraswat played a very significant role in the development of the country’s first liquid propulsion engine . He is also credited with the development of other rocket engines such as Prithvi, Dhanush and Prahaar. He has held the posts of Scientific Advisor to the Defence Minister and secretary to the Department of Defence (research and development). He has also been appointed Chancellor of Jawaharlal Nehru University. Dr Saraswat spoke on innovation and how globally it was the buzz word for progress and countries were spending billions of dollars on R& D, technology and innovation. India, he said, on the other hand, had a rich culture of innovation dating back to thousands of years. However this culture has slowly disappeared from India and now […]
President’s Desk – GCCI Bulletin April 2017
Dear members, The government’s push for demonetisation and digitization has given a big boost to e-wallet companies like PayTM . Unlike earlier, when people opted for cash or cheque transactions, the shortage of cash and closure of ATMs for a long duration from November 2016, forced people to pay through e-wallets or debit cards . They say anything practised for forty days becomes a habit. And rightly so, I feel, for scores of people are now opting for e-payments out of choice rather than compulsion. Banks and mobile companies are also waking up to the fact that small payments made through e-wallets translate into huge amounts. If the transaction cost billed to merchant establishments on card payments is reduced, many more establishments will be amenable to accepting small amounts through card payments. The Paris Visite Travelcard card is hailed as one of the best and convenient options for tourists to traverse across metro destinations across Paris with mere swiping of the card. The Paris Pass is a comprehensive sightseeing card for tourists offering free entry to Paris Museums, rides on hop-on, hop-off buses and includes the Paris Visite Travelcard. The Smart Card introduced by Indian Railways in Mumbai has made […]
President’s Desk – GCCI Bulletin February 2017
Dear Members, Deviating for the first time ever, from the colonial norm of presenting the Union Budget on the last day of February, this time it was presented on the 1st day of February 2017. The government explained that this would enable legislative approvals for annual spending plans and tax proposals could be completed before the beginning of the new financial year on 1st April. Goa Chamber welcomes the Budget as there are quite a few positives for the major sectors that will help in terms of growth and creation of employment. The steps proposed in the Budget to enhance ease of doing business are also welcome.As far as Goa is concerned, obviously the Budget could not have any special reference. But Goa could be one of the five Special Tourism Zones planned under the incredible India Campaign. Another departure from the norm was the doing away of the 92 year old practice of a separate railway budget. A British tradition since 1924, the Railway Minister, Mr Suresh Prabhu proposed this change . This is a good thing as it will facilitate multi modal transport planning between railways, highways and inland waterways. Railways have received a Capital and development allocation […]
President’s Desk – GCCI Bulletin December 2016
Dear Members, 2016 has been an eventful year !! Other than the usual ‘breaking news’ and the political upheavals of the year, 2016 was surely different. First, it was of all things a game !! – the augmented reality game ‘Pokemon Go’ which received reams of newsprint and digital coverage and got almost the entire world into a frenzy – virtual reality translated into plenty of excitement, excellent game reviews, actual fights and even loss of lives . Some countries even passed a legislation to regulate its use ! Then ‘ Brexit’ – the shocking referendum which announced Britain’s decision to leave the European Union which put the European financial markets in a turmoil, cast uncertainty on the value of the GB Pound and put a question mark over the fate of scores of Indians who had taken British citizenship so that they could access the EU; Donald Trump’s unexpected win over Hillary Clinton; closer home – the surgical strikes against Pakistan, and of course the biggest earth shaker in India – the demonetization of 500 and 1000 rupee notes !! While the President Incumbent of the most powerful democracy in the world, Donald Trump has threatened Mexico and warned […]
President’s Desk – GCCI Bulletin November 2016
Dear members, Environment is an important issue not only from the tourism point of view, but also for the locals. A serious problem faced by the locals of Vasco town is the pollution caused by the heavy flow of trucks and other cargo vehicles passing through the town carrying coal and other such cargo from MPT to other upcountry destinations. Not only are many of them reckless and a potential accident hazard, but they also overload the cargo, do not care to cover it adequately and cause spillages and pollution. The port town of Vasco and its inhabitants have always supported business and the port and related industry in turn, support many a livelihood in Vasco. However it is equally valid that business is carried out by taking adequate safety measures to protect the environment and people. We think that this issue merits serious attention. GCCI therefore requested the Deputy Collector, South Goa, to convene a meeting of all the related Government Offices such as Traffic Police, MPT authorities, RTO, MMC, and Transport Contractors and Owners and also representatives of the business providers such as Adani, Jindal and other companies, to discuss the problems such as overloading of vehicles, verification […]
President’s Desk – GCCI Bulletin September 2016
Dear Members, India and Thailand are now celebrating the 70th year of diplomatic relations which began in 1947. The two-way trade between India and Thailand in 2015-16 was about US $ 8 billion, with about US $5.3 billion in Thai exports to India and US $2.7 billion in Indian exports to Thailand. The fast growing Indian market remains attractive for Thai investors, given the vast opportunities available in infrastructure sector, tourism and retail industries. Goa exports a lot of marine products, pig iron, chemicals and machinery and machinery parts to Thailand and imports and imports a lot of fashion garments and food products. In the financial year 2015-16 Goa has exported goods worth USD 29 million to Thailand. The Thai Consul General Mr Ekapol Poolpipat visited the Chamber on 13th Sep 2016. He said that he felt at home in Goa as his country shared a lot of similarities with Goa such as beaches, common fruits such as coconuts, pineapples; a flourishing tourism industry etc. During the interaction with the Consul General, GCCI members said that they were impressed with Thailand’s expertise in warehousing and cold chains as well as food processing. GCCI will work on some exchange programme with the […]
President’s Desk – GCCI Bulletin August 2016
Dear members, As you all know, the Chamber is the apex body of business in Goa. Even so, the South Goa members have a grouse that the Chamber caters largely to the North Goa populace. While this is far from true, it does so happen that by virtue of GCCI’s office being in the north, almost all the meetings and events are conducted in-house. Our Verna office has been an attempt to bridge this gap but as far as routine meetings and events are concerned the status-quo remains. So this time at the request of the Margao Traders, we thought that we should hold a meeting in the heart of South Goa and understand the issues faced by them. Accordingly, GCCI organised a “Traders’ Meet’ at Margao wherein civic problems which create a lot of inconvenience to the trading community of Margao were discussed thread-bare. Among the several demands made, one was the need to have an industrial estate within five kilometres of Margao so that tiny and micro industries are given a push. We thought that this was a legitimate demand and have written to the GIDC in this regard. Participants also voiced the need for having a branch […]
President’s Desk – GCCI Bulletin July 2016
Dear Members, The rain gods showered their benevolence on Goa and we continue to be abundantly blessed. The Goan greens welcomed our keynote speaker, Mr R Chandrashekhar, on the beautiful Sunday of 3rd July, to the General Session of our AGM. Mr R Chandrashekhar who is the President of NASSCOM, and is the former Secretary to the Indian Department of Information Technology and a member of the government’s technology advisory group, TAGUP delivered his keynote address – ‘Digital India – Opportunities and Challenges’. He said that India’s strength lies in software development and in design and innovation and that leveraging Digital Technology could mean USD 500 billion to 1 trillion annually to India’s economy. I think that this requires us to position India as the foremost software provider in the world. This also holds a great significance for Goa to give impetus to IT so that Goa becomes a key contributor to help move from a supply driven digital India to a demand driven one. On the day of the 108th AGM, the Chamber was also happy to celebrate the 60th Birthday of our Chief Minister, Mr Laxmikant Parsekar a day prior to the D-day by presenting him with a shawl […]
President’s Desk – GCCI Bulletin June 2016
Dear Members, For the first time in years, GCCI held its Annual General Meeting – Business Session as a separate session on Saturday, 25th June 2016 at the Chamber’s Convention Hall. It was felt that over the years, the Business Session by virtue of being clubbed with the General Session was losing its significance as not much time was available for members to interact with the GCCI office bearers. Hence this year for the 108th AGM a full-fledged business session was organised. Many of you appreciated the Chamber’s decision to convene this event separately. I am happy that you had adequate time to voice your concerns about various issues being faced by the industry . While I appreciate the members concerns, I must emphasize that the Chamber has always been at the forefront to take up members’ issues and many concerns had been addressed by the government and its various departments due to GCCI’s intervention. The Chamber is an advocate of economic policies in the state, however their implementation by the government is also governed by political considerations which was beyond the Chamber’s purview. My Managing Committee assures you that the Chamber would continue to take up industry and trade […]
President’s Desk – GCCI Bulletin February 2016
Dear members, One of the important matters with the Chamber in January, is the drafting of the pre-budget memorandum to be presented to the Union Finance Minister before the finalization of the Union Budget for the forthcoming financial year. It is generally a matter of routine, highlighting issues of one of the smallest states of the country. This time however was one indeed pressing matter which screamed for immediate redressal – the issue of the very survival of the mining industry and all its dependents. Despite three harrowing and uncertain years, the industry has survived on the mere hope that eventually mining would take off. In the meanwhile, the Economics of Iron ore exports have changed completely with Iron ore prices currently trading at 5 year lows. The benchmark grade (62%) prices have declined from highs of 160 $/t in 2011 to current prices of $34/t FOB Goa on slowing Chinese iron ore demand and surplus iron ore production in Australia and Brazil. The prices for the lower grades have fared worst. In December 2011, the Finance Ministry had raised the Export Duty on iron ore from 20% to 30% . After repeated requests from the Chamber as well as other […]
President’s Desk – GCCI Bulletin January 2016
Warm Greetings for 2016! This month on the 22nd, GCCI hosted a talk by Shri Suresh Prabhu, our low profile but dynamic Union Railway Minster. Last year when he had presented the first full-fledged Budget of the NDA government in Parliament, GCCI was highly enthused that instead of a populist railway budget which is the norm, he had presented an ambitious vision of benchmarking Indian Railways globally on quality, safety and reach and making it the most economical and reliable mode of transport for Indian travellers. The Hon’ble Minister’s incisiveness as a chartered accountant came through, when he pointed out that though globally the railways derive more than 30% of their income from non-railway operations, Indian Railways earns only about 1 % of its income through this avenue. Under his able leadership, Railways have taken several initiatives to harness wind and solar energy in a big way to provide an environment friendly and pollution free transport. The Chamber has been associated with the developmental activities of Indian Railways through its representation on Konkan Railway Corporation and South Western Railway and we have a lot to thank Shri Prabhu for. Other than the numerous trains from and through Goa and other […]
Updates to various Acts, Rules & Regulations, Notifications, Infrastructure, Economic Survey, Policies & Schemes and other important financial documents put out by the Goa Government will be filed in this section from time to time as they become available.Read More
This section will provide updates on the various central government acts, rules, notifications, union budget text including (audio/video) and other pertinent documents. An excellent starting point is the Government of India directory (GOI) which provides links to various Government of India websites of interest .Read More
Goa covers an area of 3,702 sqm2 on the west coast of India and comprises two major districts – North Goa and South Goa. It is the 25th State in the Union of States of India. It was liberated from Portuguese rule in 1961. It was part of Union territory of Goa, Daman & Diu till 30 May 1987 when it was formed into a separate State.
GCCI E-WEEKLY NEWSLETTER
This section archives weekly activities taken by the chamber and news items collated from various local newspapers of interest to the members of the chamber.Notice all e-weekly archives starting from #51 of 2016 onwards will be found on our mailchimp archive list