Economy

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28 Jul 2022

INDIA’S SUGAR INDUSTRY NOW KEY EXPORTER

Chief Minister, DrPramod Sawant, on Thursday lauded the country’s shift from being an importer to an exporter in almost all sectors. India’s sugar industry too has become a major exporter, accounting for quite a big chunk of exports, he said, speaking at the inauguration of the 80th Annual Convention and International Sugar Expo.

17 Jul 2022

STEADY DECLINE IN INTL TOURISTS

Goa witnessed a steady decrease in the number of international tourists visiting Goa in the year 2021. The covid 19 pandemic is believed to be an important factor in this. In the year 2019 Goa welcomed 9.37 lakhs international tourists. In 2021, the number of international tourists came down to a mere 22,128, a written reply to the assembly stated.

20 Jun 2022

PM INAUGURATES RAILWAY ELECTRIFICATION

The electrification of the Konkan Railway will not only save Rs 150 crore on diesel but will lower the threat to the environment. Not only will the trains save fuel but they will also reduce pollution significantly, Environment Minister Nilesh Cabral said

16 Jun 2022

MAUVIN RELEASES DRAFT INDUSTRIAL POLICY '22

Business owners in Goa are set to receive massive fiscal and non-fiscal boost as the draft Goa Industrial Growth and Investment Promotion Policy, 2022 has laid greater emphasis on improving the Ease of Doing Business in Goa

02 Jun 2022

RESTAURANTS OWNERS IN FIX ONCE AGAIN

Restaurants in the state which were just recovering from a 2 year blow due to the pandemic, now have to deal with exorbitant vegetable prices. While some are barely scrapping by, many have had let go of staff or hike their prices risking reduced customers. Here’s a detailed coverage on the plight faced by restaurant owners in the state.

20 Apr 2022

Solar a promising alternative as power costs soar

Solar power was one of the major options to overcome rising costs, power shortages, the government said today. Goa has been facing power shortages over the past few days leading to industrial estate along with many homes too facing power cuts.

20 Apr 2022

Eco-friendly industries welcome says Mauvin

Eco-friendly industries are welcome in Goa. The government is trying to change the procedure so that industries can come to Goa without any hassles, he said, speaking on the ease of doing business. Once the plan is ready, it will be put in public domain, Industries Minister Mauvin Godinho said on Tuesday .

10 Apr 2022

India's foreign exchange reserves dipped by $11.17 billion

India's foreign exchange reserves dipped by $11.17 billion in the week ended April 1, due to a sharp plunge in foreign currency assets. This is the steepest weekly fall ever, the Reserve Bank of India data showed.

30 Mar 2022

Councillors questions MMC budget figures, after MMC passes revenue budget

The Mormugao municipal council held the budget meeting for the year 2022-2023 today during which it was observed that the projected revenue for the upcoming year was 174% more than the previous year.

30 Mar 2022

CM tables budget before State Legislative Assembly today

The chief minister Dr Pramod Sawant presented the FY 22-23 budget during the second day of the Assembly Session today with focus being laid on Swayampurna Goa 2.0. With the state’s fiscal deficit well within the 4% target, the budget has proposed an allotted sum for the repayment of loans.