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Business Economy


Vibrant Goa will boost economic activity in Goa: Piyush Goyal

Panaji, Oct 19 (UNI) Union Minister for Commerce and Railways Piyush Goyal on Saturday said that the Vibrant Goa-Global Expo and Summit (VG-GES) 2019 would be the forerunner of active economic growth in the state of Goa.
Delivering the valedictory address at the conclusion of the three-day, VG-GES 2019 in the city, he said “I am extremely happy to see that the late Manohar Parrikar’s dream of attracting foreign and domestic business into Goa through an international business convention of this scale has come to life. I would like to compliment chief minister Dr Sawant for supporting this initiative wholeheartedly.”
Mr Goyal pointed out that both the central government and the Goa government was working like a ‘double engine’ to spur economic growth in the state.
“Prime minister Narendra Modi wants an economically empowered Goa and the Vibrant Goa initiative is a step in the right direction,” he said.
Mr Goyal pointed out how Goa had a per capita income which was three times more than national average. He also stated how Goa with a gross domestic product of 14 per cent was ideally suited to compete with the other states in the country in attracting business investments.
Mr Goyal complimented the Goa government’s move to put in place a ‘single window’ system to attract new business.
“Both Goa government and the central government must put their heads together to identify key sectors which can identify new investments into the state,” he said.
The Union Minister said the centre was working hard to revive the mining sector in the state of Goa.
In the same breath, he expressed his disappointment that the fate of proposed international airport in Mopa was languishing in the courts.
“With folded hands, I would like to appeal to all NGOs in Goa who are opposed to the Mopa airport to desist from thwarting initiatives such as these which promise rapid economic growth in the state and enormous job opportunities for the people of Goa. It is unfortunate that every time a new economic initiative like expansion of the port, a new airport, new hotels is taken up in Goa, NGOs find ways to create hurdles. The people of Goa must rise up and oppose these NGOs,” he said.
Mr Goyal said he was keen to help Goa become a national export hub. “I will work on this plan at the central government level,” he promised.
The union railways minister also said he was keen to beef up the railway infrastructure in Goa.
Chief Minister Sawant, who also spoke on the occasion, said his government was very keen to work very closely with the many industrial bodies in the state like the Goa Chamber of Commerce and Industry, Travel and Tourism Association of Goa, Goa Technology Association and others to drive economic activity in the state.
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