Mining to affect growth rate, confirms CM

PTI, PANAJI | 08 November 2012 23:39 IST

Goa’s economic growth will be impacted by halt in the mining activity, although the state has seen 3 per cent growth in revenue collection, Chief Minister Manohar Parrikar has said.

He pegged the negative impact due to halt in the mining activity on GDP to the tune of Rs 4,000 crore, which would be offset up to Rs 3,000 crore by implementation of various measures.

The state, which showed expansion of 8.3 per cent in 2011-12, is projected to grow at 12 per cent this fiscal.

Although the government has “done enough” to cushion the impact, the halt in the activity is being reflected in tax collection from the mining belt, he said.

“The tax collection in the markets like Sanvordem and Bicholim (mining belt) has decreased by 30 per cent. Also the sale of vehicles has gone down in these markets,” Parrikar said at a press meet last evening.

The collection in the tax on vehicles has decreased by 10 per cent, he added.

Attributing the dip in tax collection to the mining activity which is stunted for now, he said prudent economic measures being adopted by his government have negated the impact to some extent.

“Although there is impact on mining, the revenue growth for this month is 3 per cent,” he said, adding, “if one does not consider the impact of mining, the total growth is 7 per cent.”

Parrikar said agriculture has been reviving in the mining belt, where farmers had given up their traditional occupation due to increasing dust pollution and slush being washed into their fields.

“There is 30 per cent additional demand in seeds for the agriculture purpose in the mining belt,” he said.

Mining operations in all the 90 mines in Goa were halted by the Supreme Court on the basis of the Justice M.B Shah Commission report which estimated a whopping Rs 35,000 crore loss to the exchequer due to illegal mining in the last 12 years.

Mining companies have also been restrained from exporting and selling ores, which has already been extracted, pending the report from the Centrally Empowered Committee (CEC). is now on Telegram & also Youtube. Kindly subscribe for free & remain updated.

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The GOA Goverment has already started tax collection from Sand extractors, bricks extractors and gravel extractors, by bring restrictions in sale , whole over Goa. The Police are instructed to stop all vehicles carying sand, brics and gravel.

This is due to the impact of mining ban in Goa.

Hence to collect revenue to the Government, this has been started by the present Government and the poor people who wants to built small houses are being harassed by the POLICE.

- elvis, Panaji | 15 th November 2012 19:18


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