Panaji, March 7 -- The Goa government has renamed the Directorate of Industries, Trade and Commerce as the Directorate of MSME, Industries, Trade and Commerce, signalling a stronger policy focus on micro, small and medium enterprises (MSMEs).

Announcing the move in the state budget, Chief Minister Pramod Sawant said the change aims to address the absence of a dedicated administrative structure for MSMEs. According to him, this gap had often slowed enterprise growth even after businesses completed the registration process, TOI reported.

The renaming reflects a broader economic strategy that places small businesses - including neighbourhood enterprises and self-help groups - at the centre of Goa's growth plans.

Budget Allocations and Inn...