State of the Goan economy

Vinay Rodrigues, Margao | FEBRUARY 28, 2021, 12:12 AM IST
State of the   Goan economy

If all goes well the Goan economy will fare well. Else it could be farewell. Simply put it is a matter of social welfare. In spite of the lockdown there is a sizable growth curve. On the downside it's around the waistline. Hopefully we can counter that with sufficient exercise. Or we could increase our revenues from Excise. GST may at times seems in excess. Added to that is various cess. In spite of this cesspool, the economy is in a state of recession.

Many businesses are still recovering, but the markets are flourishing. This is likely because the markets are connected to our dreams rather than with reality. During the lockdown demand was elastic. Supply however was drastic. All our ill wills are caused undoubtedly by blockages in the system. The solution to this endemic problem is soothing policies that serve as a laxative.

Miramar beach missed out on getting a blue flag certification. On the positive side Baina beach and locality lost their red-light certification. This may not augur well with all, but certainly with an august gathering. Tourism had some footfalls. More of swadeshi and less of firangi. That was fine. Less of emotions running wild. Less of beer is a cause to cheer. Tourism rates fell minus the surcharge or was it overcharge ? The Goan economy can still recover. All it takes is some boost. We need more of workaholics and less of alcoholics. The economy can move forward, provided like horses it is given side blinds. 






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