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Absence of clarity on resumption of mining to put Goa in huge debt, say mine owners Panaji, Apr 18: A mine owners body in Goa has warned that the absence of clarity on resumption of mining activity will result in huge debt for the state as tourism, which is one of the major contributors to the state GDP, is feeling the pinch due to resurging coronavirus cases in the country. In an interview with PTI, Goa Mineral Ore Exporters Association (GMOEA) President Ambar Timblo said that the position of the state looks “very precarious” as the COVID situation in the country, including Goa, will become acute in the next two months and post lapse of this period there will be the onset of monsoons in the state, an offseason for the tourism sector. ....
State-run Mineral Corporation not feasible substitute to restart mining in Goa: GMPF State-run Corporations do not have required expertise to conduct the mining activities and the inefficiencies that will creep up in the activities of corporation will mess up the livelihood , says GMPF President Puti Gaonkar PTI | February 23, 2021 | Updated 18:11 IST Representational Image Goa Mining People s Front (GMPF) on Tuesday expressed strong reservations over the viability of mining resumption in the state via the route of government-run Mineral Corporation and stressed that it will only lead to a delay in the restart of mining activities. Mining in Goa came to a standstill in March 2018 after the Supreme Court quashed 88 mining leases. ....
Goa Foundation creating bottlenecks to resume mining By IANS | Published on Fri, Feb 19 2021 14:51 IST | 0 Views Expressing disappointment with their meeting on Wednesday with Prime Minister Narendra Modi, the Goa Mining People s Front has now threatened to take the battle to the ruling BJP in the upcoming Lok Sabha and by-polls to two Assembly seats. (Photo: I Image Source: IANS News Goa BJP seeks Rs 1,300 cr from Finance Commission. Image Source: IANS News New Delhi, Feb 19 : Mining dependents along with Goa Mining People s Front (GMPF) who represent the livelihood cause of over three lakh people dependent on mining industry in the state of Goa, blamed Goa Foundation NGO for hindering resumption of mining in Goa. ....
Goa Foundation creating bottlenecks to resume mining menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The contraction in Goa s economy is likely to be in the range of 15%, one of the highest in India. The state is bound to borrow money in the current financial year to meet this spiralling deficit which if continues unabated, will result in a major state depression. The famed prosperity of Goa is at the brink of staring at a severe depletion in socio economic status. The situation can be salvaged to a large extent, if not completely wiped off in the immediacy. Tourism and mining have been the mainstays of Goan economy and the two major sources of livelihood of local population. Mining ban and Covid-19, have brought the two sectors to their knees. There is stalemate in tourism and a low-income generating tourist inflow is flooding the state these days. The complete shutdown of mining, since 2018, has created unprecedented unemployment crisis and in its third year is endangering the existence of more than 300,000 people. Loans can t be repaid, NPAs are on the rise, household ....