MONDAY, 14 SEPTEMBER 2026

Wrong road to economic recovery

The CM is gung ho on "significant improvement" in State finances and not only lifted all austerity measures but will fast track recruitment of 10,000 vacancies in government and there is going to be more borrowing for specific projects etc!  

At the same time there is a CII-YI Goa report of studies in key sectors of the State like agriculture, tourism, manufacturing services, mining etc showing a gloomy outlook where decrease in revenue is more than 50% and 5% fear they will have to shut down business. 

Others will have to lay off employees and future outlook for investment is bleak! 

The government borrowings are at an all time high and drastic changes with computer use, reduction of staff and working from home, online conferences and  improving  financial governance demands reducing staff to reduce present and greater future liabilities of  excess staff, welfare and pension etc which will be a millstone round the people's neck. 

Lean and efficient staff is the crying need of today to improve governance and give people efficient services that are factually sorely lacking!

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Gift exchange event an excellent idea

ADELMO FERNANDES, Vasco
Published Nov 19, 2020, 11:44 PM IST
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It is understood that a ‘gift exchange event’ was recently held at Big Foot, Lotoulim where people could drop off for the needy things that were no longer used at home. These things that are of no use can be exchanged for items displayed at the venue. This is indeed a novel idea. To give things to the poor that are of no use and at the same time get something one needs in exchange will encourage people to donate. This will be a win-win situation for both the giver…

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