Debt liabilities during previous govt were high: Goa Governor
In a veiled attack on the previous Congress-led Goa government, Governor Mridula Sinha on Monday accused it of leaving the state's finances in "stress" and "debt liability."
Panaji: In a veiled attack on the previous Congress-led Goa government, Governor Mridula Sinha on Monday accused it of leaving the state's finances in "stress" and "debt liability."
"The state, having successfully countered the global economic slowdown of the recent years, was pushed into tight financial phase due to stoppage of mining resulting from Supreme Court orders," Sinha said, addressing the first day of the Legislative Assembly session here.
"The situation was compounded by the fact that my government had taken over the reigns of the state at a time when the financial health was stressed and debt liabilities were on the rise," she said, without naming the former Congress-led government.
The Congress-led government was in power in the state till 2012, when the BJP government took over after winning the Assembly elections.
"However, with prudent fiscal management, the government has been successful in ensuring that the state continued on the path of progress and prioritised social sector spending for the benefit of the people," she said.
The Governor, however, could not complete her written speech as she took ill. Her speech was later tabled on the floor of the House.
She said that despite financial crunch, the government continued the implementation of social sector schemes as well as creation of capital assets to provide the much-needed fillip to the state's economy.
"The increased growth rate of Gross State Domestic? Product at constant prices from 4.17 per cent in 2012 to 7.71 per cent in 2013-14 is the testimony to the government's efforts and resolve," the Governor said.
Sinha assured the House that mining would resume in the state soon.
"My government has taken up the issue of revoking the mining suspension order issued in September 2012 very strongly and I am sure that with the considered intervention of the present Central government in revoking the suspension order, mining activity would be restored very soon, as per the capping limits prescribed by the SC," the Governor said.