Goa’s economy has collapsed: Shantaram Naik

TNN Bureau. Updated: 1/1/2018 1:16:18 PM

Panaji, Jan 1 : Goa Pradesh Congress Committee (GPCC) President Shantaram Naik on Monday claimed that Bharatiya Janata Party (BJP) led government in the state had taken the state towards total bankruptcy and economic collapse.
In a statement here, he said as per the state economic survey for 2016-17, Goa's public debt was estimated to hit Rs 12,018.96 crore on March 31, 2017, as against Rs 10,945.38 crore a year ago.
The state's debt had risen by 74.88 per cent since 2012, when the state's public debt stood at 6872.36 crore, he said.
'The state's fiscal deficit has also shown an increasing trend under the BJP Government. It has increased from Rs 1137.36 crore in 2012-13 to Rs 2001.83 crore in 2016-17. All these factors indicate that Goa is virtually in debt trap,' he claimed.
The senior Congress leader said Public Works Department (PWD) of the state has collapsed and construction files of roads and building remained entangled in procedural red – tapism and scarcity of funds with the government.
'Investment Promotion Board (IPB) is ridden with corruption with and so called upright man Mr Manohar Parrikar appears to have become a helpless creature,' he said.
Mr Naik alleged that BJP had betrayed Goans on Mhadei issue, collided with Adani Group on coal issue, succumbed to the pressures of Union Shipping Minister Nitin Gadkari on 'nationalisation of rivers' issue, failed and neglected to prepare Regional Plan, took economy of the state to bankruptcy and put Goa in a debt trap, did a fiasco on desecration issue and did total bungling on recruitment issue

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