The Reserve Bank of India has formed State Level Inter Institutional Committees (SLIIC) and working groups comprising of banks, financial institutions, state government representative and industry associations to consider rehabilitation of Sick SME units also to study the flow of credit to the SME sector. Dr. Vasa is an active member of this committee. Under the aegis of this committee he has organised many seminar and panel discussion regarding the SME finance for the benefit of Small and Medium Enterprises.
Member of Task Force Committee for Competitive Enhancement of SMEs as well as State Level Approval Committee for Marketing Development Support Scheme constituted by Industries Commissioner, Government of Gujarat.
Nominated Member of International Institute of Chemical Safety & Research, (IICSR) Government of Gujarat. A dedicated Institute to carter to the safety and research needs of the Chemical Industry in Gujarat.