Investment policy submission next week
PTI, PANAJI | 25 July 2013 20:54 IST

The much-awaited draft of Goa’s Investment and Industrial Policy is likely be submitted to the state government next week as the high-level task force is awaiting final presentations by various stakeholders, a senior member has said.
The draft policy aims at attracting investment of around Rs 5,000 crore and creating 50,000 jobs in the next five years in the state, where investment has dried down due to faulty government policies in the last half a decade.
“Mostly by next week, the draft policy would be ready and it will be submitted to Chief Minister Manohar Parrikar,” a senior member of the committee said.
The task force, headed by the Confederation of Indian Industry’s (CII) Goa chapter chief Atul Pai Kane, has been holding meetings every alternate day to work on the policy, which is expected to chart out a roadmap for industrial development of this coastal state.
“The labour union leaders would be making their presentations in the next couple of days, while BJP legislator Ganesh Gaonkar has also sought time to give his view points considering his constituency,” another member said.
Gaonkar represents Sanvordem constituency, a predominantly mining belt, where industrial growth has stagnated due to current ban on extraction and transport of ore.
Once the draft policy is ready, it would be open for public suggestions and recommendations, depending on which it will take the final shape.
Manohar Parrikar-led government had formed the task force to work out the policy after they realised that the “industrial growth has come to a virtual standstill”.
The committee is represented by various stakeholders.
Drop a comment
Latest News
- Will probable defectors learn from the 2022 election?
- Rebuilding Which Temples? खंयचीं देवळां बांदतले?
- SAIBA BHOGOS: Standpoint on St Francis Xavier v/s Parashuram controversy
- After 50, Marathi honours Konkani as the Chief Guest at All India Sahitya Sammelan
- Kejri’s ‘Bhandari’ bubble bursts, community votes beyond caste across Goa
- Deficit budget presented, but no taxes! Each Goan has a Rs 1.46 lakh loan!!
- Did RG damage only the Congress & its bastions in the Old Conquests?
- The Kings of their Empires are back, but as ‘injured soldiers’
- BJP bottle of ‘imported wine’ wins 20, forming Govt in Goa with ‘professional defectors’
- Will 'Didi' impact Goa’s Babas, Bhaus, Bhaiees, Patraos & Bosses?
Industry
- Syngenta gets CCI nod to sell Goa unit to Deccan Fine Chemicals
- Mallya wanted to start a casino in Goa
- Karnataka HC issues notice to arrest Vijay Mallya
- Few mega industries may shut units in Goa: GCCI
- Vijay Mallya quits as United Spirits chairman
- AAP asks 11 Qns to BJP Govt on Sanguem Beer factory in an ‘orchard’
- IPB clears 4 five-star hotels in Bardez, a mega-mall in Porvorim
- Goa's Marksans Pharma fails UK inspection
- Banks to take over Mallya's Goa villa by month end
- 38 industries coming with 6500 jobs: Parsekar
