Goa industry happy, but upset with union budget

GOANEWS DESK, PANAJI | 28 February 2013 20:48 IST

Goa industry is happy with the developmental and investment plan of the union budget, but is equally upset for not giving any considering to overcome existing mining crisis.

Goa Chamber of Commerce and Industry president Mangirish Pai Raikar welcomed the investment opportunities provided in the budget as well as several other steps including opening the market for more Foreign Director Investment.

However, he felt Goa could have been given special attention to, especially by providing funds to develop the Mormugao Port Trust as a multi-commodity port to bring it up from the slump.

MPT's main activity has been to export iron ore.

Barge Owners' Assocaition president Atul Jadhav said they were expecting a subsidy to help the barge owners and truck owners to come out of the mining crisis.

Centre has been earning over Rs 5000 crore from iron ore exports. They could have very well given us a subsidy of around 100 crore.

He said they are not eve in a position to move their barges to Kolkata since each barge shifting costs around Rs 30 lakh.

Jadhav had recently accompanied a delegation to New Delhi along with union agriculture minister Sharad Pawar, urging everybody from the prime minister to the finance minister to rescue Goan economy.

"We will now go once again with our Goan MPs", he said. 


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