Goa govt to pay Reliance infrastructure Rs. 2.9 billion as Arbitration Award

Reliance Infrastructure Ltd announced on Monday that it has won an arbitration award of Rs. 292 crore in a case against the Goa government. The case was heard by  a Joint Electricity Regulatory Commission-constituted tribunal. Deadline for the payment has been set as April 15, 2018, failing which the state has been asked by the tribunal to pay…

CM Parrikar’s Rs 17123-crore Goa budget

Goa Chief Minister Manohar Parrikar presented a  Rs 17,123-crore budget for 2018-19 in the state assembly on Thursday. It marks an increase of  6.84 per cent that stresses on job creation and education. Parrikar returned to Goa on Thursday afternoon, surprising many, after undergoing treatment at Lilavati hospital in Mumbai for a pancreatic ailment. The CM…

Goa industries want government to clear stand on mining

Industrial sector stakeholders of Goa expect the state government to make its stand clear on the mining sector during the budget session which is to begin on Monday. Besides, the stakeholders also highlighted the need for employment generation in the state. The Goa Chamber of Commerce and Industry (GCCI) in its pre-budget memorandum has said that…

Goa government reveals start-up policy, aims to be top start-up destination in Asia by 2025

start-up policy for Goa approved by the cabinet

Goa government has unveiled a new start-up policy for the state. It was approved by the cabinet on Wednesday and is aimed at making Goa Asia’s top start-up destination by 2025. Information Technology Minister Rohan Khaunte informed the reporters at the state Secretariat that the objective behind the policy is to stop the brain drain from…

Business hub inaugurated in Goa to boost India-Portugal economic ties

India-Portugal business hub

A business hub was recently inaugurated in Goa’s capital Panaji with a sole intention of boosting economic ties between India and Portugal. K Nandini Singla, the Indian ambassador to Portugal inaugurated the business hub in the presence of Dr.Rui Baceira, Council General of Portugal and Darryl Pereira, CEO of Reira Group. “We are very happy…

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