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Goa News |Economy

Saturday 29 August 2026

News Analysed, Opinions Expressed

Economy

Parrikar toes Digambar line on "illegal" dump exports

Chief minister Manohar Parrikar has taken ahead the policy of his predecessor Digambar Kamat as far as the export of mining dumps is concerned. The CEC terms this export illegal. READ

Black money pumped in through casinos: Mickky

Goa's former Tourism Minister Fransisco Miccky Pacheco has alleged that off shore casinos were sheltering hawala rackets in the state. READ

Pollution Control Board withdrawas consent to 107 mines

In fresh trouble for the mining industry in Goa, the Pollution Control Board has refused operating consent to all 107 mining leases in the State under the Air and Water Pollution Control Act. READ

Banks begin restructuring mining loans

Following the go-ahead by the Reserve Bank, banks have begun restructuring the loans worth around Rs 1,300 crore given to iron ore miners and other stakeholders such as truckers and shipping lines. READ

400 lakh MT is Goa's illegal iron ore

Almost 400 lakh metric tonnes of iron ore has been illegally mined and exported in the last five years, since 2006. And 67 per cent of it has been exported illegally in just last two ... READ

Mine workers burn CEC report

The stakeholders of the troubled mining industry in Goa today held protests here against the Supreme Court-appointed CEC's report, which has ruled against the resumption of suspended mining activities in Goa till the illegalities were ... READ

CEC's next report on action against "political bosses"

Following interim report filed yesterday on illegally mining in Goa, the Centrally Empowered Committee would file its next report suggesting punitive action against the erring officials, other “public functionaries” and others. READ

CEC recommends recovery of illegal mining from mine owners

The Centrally Empowered Committee has strongly recommended recovery of the amount of illegally exported iron ore from the mine owners while life-time ban on 87 mines. READ

Mining ban to have shortfall of Rs 18,000 Cr: Govt

Goa government has portrayed a depressing picture of Goan economy before the Supreme Court, as a result of stopping the mining activity. The total income generation shortfall is calculated to around Rs 18,000 crore. READ

Mining industry pins hope on 7 Dec SC hearing

Mining companies and stakeholders in Goa have pinned their hopes on the impleadment petitions they filed in the Supreme Court in connection with the current cessation in the export and transportation of iron ore from ... READ