Goa can progress further in ease of doing business says Singh

Gomantak Times
Saturday, 25 January 2020

“On the ease of doing business, I think notwithstanding progress made by Goa particularly in terms of initiation of new business, speed at which permissions can be granted, single window business, etc.", said N K Singh Chairman 15th Finnace Commission.

PANAJI: The 15th Finnace Commission Chairman N K Singh on Friday said that Goa can progress further in ease of doing business notwithstanding the progress it has already made earlier.
Responding to a media query, Singh said, “On the ease of doing business, I think notwithstanding progress made by Goa particularly in terms of initiation of new business, speed at which permissions can be granted, single window business, etc. I think further progress needs to be made. There can be greater multiplier effects on that in case these are further liberalised and simplified.”
He infomed that Goa too, like all other states in the country, has asked for a special package to compensate for the mining losses which it has encountered, the sluggishness of the growth of tourism in recent times, the strengthening of the infrastructure, the emphasis on sanitation and improved solid waste management and in terms of renewable energy.
“These are also matters which are high priority for the Commission. Since it's a divisible kitty and not an indivisible flexible one that we have, while taking these concerns into account, we will see how best we can balance the considerations of equity, need and efficiency,” he stated.
He said that Goa is among the states which have used their funds as efficiently as they could compared to many others.
When questioned on Goa's demand for increase in states share in central taxes from 42 per cent to 50 per cent, he said, "Goa has made a request for increasing the devolution from 42 per cent to 50 per cent. There is hardly any state which has not made a similar plea.”

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