Margao Municipality receives one application a day to close business

As an indication of economic downturn in the state, Margao Municipality receives nearly one application per day from businessmen to close down their establishments. The municipality says the trend had started before the pandemic affected the state but it has become more frequent after the pandemic.

Margao town is known as the commercial centre of the state. It is the headquarters of Salcete taluka as well as that of the South Goa district.

There are many shops in the town which is also a major transport hub. Many tourists arrive in the town via the railway station and the Kadamba bus stand.