Introduction :
EDC Limited was incorporated on 12th March, 1975 as a Public Limited Company under the Companies Act, 1956 and was originally known as the Economic Development Corporation of Goa, Daman & Diu Limited. It is popularly known as EDC and is a State Financial Institution set up by the Government of Goa with prime objective of promoting Industrial Development in state of Goa. EDC is registered as a Non Banking Financial Company (NBFC) with Reserve Bank of India (RBI) and is classified as a Non Deposit Taking Systematically Important (NBFC-ND-SI).EDC is a Government of Goa Company controlled by the Board of Directors who are appointed by the Government, having representation from the Government, IDBI and Independent Directors being professionals, representative of Industries etc. EDC has been acting as a State Industrial Development Corporation (SIDC), besides being accorded the twin status of State Financial Corporation (SFC).
Department :
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