TEAM HERALD
teamherald@herald-goa.com
PANJIM: Industrial growth in the state of Goa appears to be extremely dismal with absolutely no significant growth in large-scale industries and hardly 1.30 per cent growth in small and medium enterprises reported between March 2012 to September 2013, according to a reply given by Industries Minister Mahadev Naik in the Goa assembly.
The growth rate of investments in industries in Goa is around 40.53 per cent, he said while replying to queries from Valpoi legislator Vishwajit Rane.
When asked as to how many industries have come to Goa bringing in investments of above Rs 5 crore, Naik replied that 26 new industries have come to Goa with an investment of above Rs 5 crore from March 2012 till date. Between March 2012 to September 2013, 122 enterprises have started commercial production.
In another reply, Naik told the house that no new large-scale industries were approved by the high powered co-ordination committee (HPCC) since January 2013 till date. However the HPCC approved 12 projects related to expansions and regularisation with an investment of Rs 288.71 crore, employing 2,112 persons.
Naik also told Curtorim MLA Alexio Reginaldo Lorenco, while replying to
his question, that the draft Goa Investment Policy has been placed in the public domain for suggestions and objections..
The draft policy 2013 was submitted to the government by the task force in August 2013. It is now open for views and so on from stakeholders.
“The policy aims at making Goa a destination for industries,” Naik said.
1 Hardly 1.30 per cent growth in small, medium enterprises
2 Growth rate of investments in industries about 40.53 p.c.
3 Between 2012 to 2013, 122 enterprises started commercial production
4 Draft Goa Investment Policy placed in public domain

