SUNDAY, 1 NOVEMBER 2026
Ticker

Goa Forward: Failure to implement CAG recommendations will spell doom

Goa Forward: Failure to implement CAG recommendations will spell doom

MARGAO
Goa Forward chief Vijai Sardesai has warned that failure to implement the Comptroller and Auditor General (CAG) recommendations will spell Sri Lanka-type doom in Goa.

The Fatorda MLA further said the government used the Industrial Development Corporation (IDC) as an ATM machine to settle the SEZ issue which once was considered a scam.

Addressing the media, Sardesai said the CAG report has said there’s a lack of responsiveness of the government to audits. “This is of serious concern since the role of the CAG is to inspect the financial health of various departments, prevent wasteful expenditure and revenue leakages, and improve performance. Non-compliance with CAG recommendations can lead to revenue losses and performance failures in the department.”

He added: “When multiple departments fail, the cumulative impact compounded with the government’s policy failures and rising debt will lead to Statewide socio-economic collapse as witnessed in Sri Lanka.”

On the IDC, he said the CAG 2020 report had pointed out the revenue loss due to a large number of vacant plots in IDC, non-recovery of dues from industries, delays in executing deeds of transfer to allottees, delays and arbitrariness in allotment of plots, poor infrastructure in the industrial estates, etc. “All this is due to the rampant corruption in IDC. CAG had suggested several recommendations to improve the performance of IDC but all of it has been ignored. In the 2022 report, it has been revealed that the government dug into IDC coffers to pay SEZ firms Rs 256.57 crore as refundable/ settlement amount which included Rs 17 crore as construction licence fees that were paid to the local bodies. In other words, the government used IDC as an ATM machine to settle an issue which once was considered a scam,” he said.

Sardesai said all this pegs the question, can the Industries department and IDC improve Goa’s industrial sector and create jobs for locals? He said the Minister claims that the government cannot guarantee 80 per cent employment for locals. However, the Minister claims that the industries which will give jobs to locals will get incentives. 

SHARE ON

Govt criticised for blaming people for fatal accidents

THE GOAN NETWORK
Published Jul 31, 2022, 12:54 AM IST
SHARE ON

MARGAOCuncolim MLA and Congress Working President Yuri Alemao on Saturday said the failed, insensitive & irresponsible BJP Government must stop blaming the people for fatal accidents in Goa.In fact, Yuri said it is the absence of Comprehensive Quality Control & Monitoring System which is the main cause for bad road infrastructure and fatal accidents in Goa.Reacting to the statements made by Chief Minister Pramod Sawant who blamed drunken driving as the main cause of…

READ MORE

Keep Reading — More from GOA NEWS

2 more related stories queued · tap to continue reading

Home HOME News GOA NEWS Global GLOBAL GOENKAR Search SEARCH