Goa Inc gives thumbs-up to budget


 Goa Inc has welcomed the budget saying it is progressive and will give impetus to the industry.
Goa Chamber of Commerce and Industry (Gpresident Manguirish Pai Raikar said the chamber had requested the government not to levy or hike any taxes. "This has been accepted by the government and the chief minister has given impetus to build better infrastructure and make available adequate water and power to industries."
He said the various powers given to the commercial taxes department will help plug leakages, while the anti-evasion bureau will help curb illegal practices and also give immediate solutions and relief to the assesses.
Atul Pai Kane, chairman, CII Goa Council, said the budget clearly gives a sense of direction of where Goa is headed. The move to plug revenue losses through far-reaching powers given to the CCT, implementation of e-tendering to reduce cost of government purchasing, and adding revenue through reduction of taxes are some prominent features of the budget, he said, pointing out that no new taxes have been introduced.
Shekhar Sardesai, president, Goa State Industries Association, said that though there were no big bang announcements in the budget, the CM has done a reality check on the state of the Goan economy and has announced a financially prudent and economically responsible budget. "While doing so, he has had to strike a fine balance between containing fiscal deficit and developmental spending to bring the economy back on track," Sardesai said.
"The announcement of the investment policy by May 30 is a welcome decision," said Anil Kher, immediate past chairman, CII Goa Council.
Former union law minister Ramakant Khalap said the ban on mining, as expected, cast a long and ominous shadow on the budget. "The challenge caused by the loss of revenue could have been converted into an opportunity to create alternative jobs and means of livelihoods. Instead the chief minister has gone ahead with his obsession of giving doles to every possible section of Goans," said Khalap. "Doles and subsidies stifle creativity and promote lethargy among the beneficiaries and while the world is moving away from subsidies, Goans are being driven into dependency and idleness," he stressed.
NSUI Goa congratulated the government for proposing counselling cells and making a stress management (yoga) class part of the curriculum of schools and higher secondary schools.
BJP spokesperson and NRI commissioner Wilfred Mesquita said, "The budget has taken care of the common man. In spite of the constraints imposed on the government because of the stopping of mining, it has taken care of the weaker sections of agriculture, fisheries and the generation of employment." [TOI]