Goa forms task force to attract investment

Reading Time: < 1 minute

Panaji, April 30 (IANS) With the state’s economy on the verge of collapse on account of the Covid-19-induced tourism slump and the mining ban, the Goa government here on Thursday formed a joint task force to resurrect the state’s appeal as an attractive destination for investment and employment.

According to an Industries Department order, the objective of the joint task force is to serve as an institutional framework for a collaborative dialogue between the industry and the government on issues related to development and promotion of industry.

“The joint task force shall make recommendations for making Goa an attractive location for investment and employment,” it said.

The task force has been set up a couple of days after Governor Satya Pal Malik in a letter to Union Home Minister Amit Shah stated the urgent need to restart mining, citing the “near collapse” of the state’s economy.

“The effectiveness of the joint task force committee will be reviewed based on its ability to resolve concrete issues confronting the industry and the government,” it said.

Chief Minister Pramod Sawant has already formed an economic revival committee, comprising members of the government and the industry, to devise ways and means to revive the state’s economy.