Monday , 17 June 2019
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Annual day celebrations of GCCI

The Goa Chamber of Commerce held its annual meeting of members, the   110th AGM on June 30. While welcoming  the  invitees, Sandip Bhandare, president, GCCI,  reviewed  initiatives  impacting industry during  the  year. He welcomed  the  much  awaited rollout of the GST but suggested simplifying the  compliance  by  reducing  the  number  and frequency  of returns. “One  of  the concern of industry is  the  high  GST  rate  of 28 per cent that  is  adversely  affecting Goa’s tourism sector, said Bhandare . He suggested a significant lower GST rate for hotels to remain  competitive among other tourism  destinations around the world.

The implementation of RERA was welcomed, but even here it was pointed out that, concerned government departments  need to give regulatory approvals within the timeline to make the real estate act a two-way street.

Rohan Khaunte, revenue and IT minister, Siddharth Kuncalienker, chairman, EDC and R Gopalakrishnan were the  main guests at the AGM. Kuncalienker  briefed  industry on development of Panaji  and surrounding  areas under the Smart City initiative and also spoke about  the convention centre that is  being planned and executed by EDC.

The state IT Policy will be launched on July 14, said Khaunte. “The policy together  with  the Start-up policy and  various initiatives  like  the  EDC Incubation Centre, greenfield IT park at Chimbel and an electronic manufacturing cluster (EMC) at Tuem will provide  a  good  platform for the talented Goan youth,” he  said.

The  keynote  speaker R Gopalkrishnan talked  about  how  India  can  gain from  the  new manufacturing  opportunity. He  said  that  initiatives like Make in India, Start Up India etc  are steps  in the right direction but  it  may  take  some time  for  them  to  show assessable  results.

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