Re: Re: NEWS: Goa still groping to find out size and spread of its

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Goanetters,

Goa has certainly been one of the big contributors to India's Foreign
Exchange, due to a lot of remittances from overseas. However, there are
a lot of misconceptions about the revenue generation from Goa and its
industries. In the 80s when Goa was on the verge of getting a statehood,
the biggest problem for the Central Government was to see how Goa could
survive by generating its own revenue. I had met the Dy. Director of
Accounts just before Goa's statehood and he told me that of the entire
Goan budget of 100 crores, 80 crores used to come from the Centre! 80%
of the money had to come from Delhi, because Goa did not have the
infrastructure to generate such revenues! This high percentage of
funds allocation to Goa, was by virtue of its being a Union Territory!
I know that at the time of granting the Statehood, some arrangement
was worked out to provide Goa with the necessary cash.

I do not know what the present arrangements are between the Centre and
the Goa Government. But, it would be wrong to infer that Goa is being
ripped off by the rest of India!


Nagesh Bhatcar
sgbhatcar-PkbjNfxxIARBDgjK7y7TUQ@xxxxxxxxxxxxxxxx

> From: "ole_xac <ole_xac-/E1597aS9LT10XsdtD+oqA@xxxxxxxxxxxxxxxx>" 
> <ole_xac@xxxxxxxxxxx>
> Reply-To: goanet-fkB0aodkGtPQT0dZR+AlfA@xxxxxxxxxxxxxxxx
>
> The recent Goa Overseas Convention was a bash to the puppet
> government in Goa. A statement such as a 'failed state' clearly shows
> that Goa is deeply entrenched in a third world and being ripped apart
> of anything left of it.
>
> The indian economists call Goa the number one state, in fact they are
> laughing away at Goa's contribution to the indian coffers. Other
> places have been developed with this money. They send their sons and
> daughters to the best Universites around the world and they buy
> Beemers.
>
> Dear brainwashed Goan do not run away from reality, come and face the
> other side of the coin.
>
> Xac

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