Goa Unable to Disburse Financial Aid Due to Rs 24K Debt Burden

Date:

Updated: [falahcoin_post_modified_date]

The Bharatiya Janata Party (BJP) government in the state of Goa is reportedly struggling to provide financial aid to beneficiaries under various schemes due to a debt of INR 24,175.93 crore ($3.3 billion), with opposition parties frequently criticizing the government for its inability to do so. Chief Minister Pramod Sawant recently declared that the government will not require loans after two years, though the cost of implementing schemes such as providing three free cooking gas cylinders to low-income families could increase the state’s yearly financial burden by INR 30 crore ($4 million). The opposition Goa Forward party has accused Sawant of not doing enough to improve the state’s economy through measures such as restarting mining operations, and in particular, its failure to provide clear plans to reduce the debt. Contractors have also complained of delayed payments.

[single_post_faqs]

Share post:

Subscribe

Popular

More like this
Related

Revolutionary Small Business Exchange Network Connects Sellers and Buyers

Revolutionary SBEN connects small business sellers and buyers, transforming the way businesses are bought and sold in the U.S.

District 1 Commissioner Race Results Delayed by Recounts & Ballot Reviews, US

District 1 Commissioner Race in Orange County faces delays with recounts and ballot reviews. Find out who will come out on top in this close election.

Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US

Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

Baltimore Orioles Host First-Ever ‘Faith Night’ with Players Sharing Testimonies, US

Experience the powerful testimonies of Baltimore Orioles players on their first-ever 'Faith Night.' Hear how their faith impacts their lives on and off the field.