IPB COMES UNDER SCANNER; GOVT APPOINTS GLOBAL CONSULTANT TO REVIEW FEW PROJECTS
Panaji (GOA): Reeling under pressure from the coalition partners, the BJP led government has appointed global consultant KPMG to examine and scrutinize the feasibility of 30-odd investment projects that got in-principle approval from the Investment Promotion Board (IPB). Chief Minister Manohar Parrikar also declared that the 13 and 14 meeting held in November and December, last year as ‘invalid’ since…
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VEDANTA LIMITED IN TOP 100 OF NIKKEI ASIA 300
PANAJI (GOA): Vedanta Limited, India’s diversified natural resources company, has featured among the top 100 companies in the Asia300 list, released by Nikkei Asian Review. With a selection process based on market capitalisation, the Nikkei Asian Review analyzes growth, profitability, efficiency and financial soundness of the companies, based on their earnings for the most recent fiscal year. “It gives us immense…
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GOVT TO ADOPT AUCTION MODE WHILE GRANTING CONCESSION FOR MINOR MINERALS
Panaji (GOA): The mineral concessions for the minor minerals including sand, basalt etc, in the State is likely to be granted through auctions in future. During the recently held Central Coordination-cum-Empowered Committee (CCEC) meeting in New Delhi, Director of Directorate of Mines and Geology (DMG) Prasanna Acharya informed that State is in process of drafting Minor Mineral Rules and in…
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VIJAI SARDESAI TAKES VANI AGRO HEAD ON
Margao (Goa): Town & Country Planning Minister Vijai Sardesai has decided to take on Vani Agro’s alcohol project seeking an explanation from the Agriculture Department whether rampant killing of ‘coconut trees’ can be allowed in the name of job creation. “Is a plot of 900 coconut trees not a coconut orchard? Is it an industrial plot and can such rampant…
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GOA GOVT DRAFTS START UP POLICY, AIMS 5,000 JOBS IN FIVE YEARS
Panaji (Goa): With an aim of putting Goa on the global startup ecosystem map by 2025, the State Government has drafted a ‘Goa Startup Policy’ with a focus on promoting the IT startups and to create nearly 5000 new jobs in the IT sector over next five years. The draft policy, which will be implemented as a part of the…
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DISTRICT MINERAL FUND FOR REHABILITATING MINING AREA EXIST, BUT IMPLEMENTATION DOESN’T
Panaji (Goa): Goa is one amongst those few States which has not executed a single project through the funds collected under the District Mineral Foundation (DMF), where mine owners deposit 30 percent of their royalty payment for the development of barren mining areas. As per the information furnished by the State Directorate of Mines and Geology (DMG), total 63 crores have…
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NUMBER OF CHARTERED FLIGHTS GO UP, BUT SPENDING POWER LOWERS
Panaji (Goa): Just-concluded tourism season in the state saw rise in the number of chartered flights that arrived in Goa but low spending travelers has remained a concern for the industry. “The tourist season was okay. The number of chartered flight arrivals has shown increase in the number but the problem lies in spending power of the visitors,” Savio Messias,…
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GOVT AIMS TO BOOST FOOD PROCESSING SECTOR
Panaji (Goa): With an effort to boost the Food Processing sector, the State government has worked out a scheme that aims at enhancing the income of farmers and export by providing a financial assistance upto Rs 30 lakhs to the unit. ‘State Mission for Food Processing Scheme (SMFP)–2016’, is a scheme introduce by the government wherein it provides incentives to…
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HARISH MELWANI FEARS ARREST, FILES FOR ANTICIPATORY BAIL IN MINING CASE
Panaji (Goa): One of the biggest ore miner and exporter in the State Haresh Melwani skipped police summons in the illegal mining probe and moved the local court seeking anticipatory bail. The lease holder of H L Nathurmal & Co was summoned to appear before the Special Investigation Team (SIT) at 11am today. “He chose not to cooperate with the investigation…
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IAS OFFICER APPOINTED ON RERA GOA
Panaji (Goa): Secretary Urban Development IAS Sudhir Mahajan has been appointed as the Regulatory Authority to regulate the real estate sector in Goa. Mahajan has been designated under the Real Estate (Regulation and Development) Act 2016 as the Regulatory Authority, until the establishment of Real Estate Regulatory Authority (RERA). The RERA is currently being looked after by the Urban Development Ministry,…
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