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Goa News |Economy

Friday 21 August 2026

News Analysed, Opinions Expressed

Economy

Govt. to reduce luxury tax, power tariff

With tourism industry facing a major setback this year, Goa government is planning to reduce luxury tax drastically while also reducing power tariff for the industry, as a pre-budget exercise.Perhaps this would come as a ... READ

Govt. takes over ship, but at whose cost ?

M V River Princess, the controversial ship grounded off North Goa’s famous beachline for the last 19 months causing danger to Goa’s tourism, is finally being taken over as the state property.The ship will be ... READ

HC stays Bharat Shah's project

The prestigious commercial project of Bharat Shah, controversial Bollywood film financier, has been stalled by the court, following a petition by four NGOs here.In collusion with the authorities in Goa, Shah had managed to get ... READ

Thackeray, Amitabh...in Goa

They differ in ideologies and professions, but to relax and enjoy, Goa is a common destination for all of them.With Christmas mood gripping Goa, Shiv Sena supremo Bal Thackeray has already arrived here at the ... READ

Goa to go ahead with midnight mass & dances

Unlike in Mumbai, Goa will go ahead with midnight open air mass for Christmas and even the post-midnight street dances till dawn.Following the Supreme Court guidelines on prohibiting noise pollution after 10 pm, the Church ... READ

'Show figures, take tax-holiday'

Goa government appears to be in a mood to provide taxation intensive to the hospitality industry here, but insists that the industry proves with facts and figures that the recession has really hit the tourism ... READ

Dr Kamat to hear public on beach issue

In order to have a totally transparent decision on privatisation of beach management in the state, the government has appointed one-man committee for a public hearing on the pilot project of Miramar beach in Panaji.Following ... READ

Outbound charters for Indians demanded

Thomas Cook, a world-wide service for leisure travel and tourism, has urged Indian government to liberalise airline charter market by allowing outbound package tourists – the Indians."It has tremendous potential as around four million Indians ... READ

Charter flow not much affected

While Indian government is working out a seven-point programme to overcome the post-11 September setback and attract foreign tourists, Goa appears to be still getting foreigners as usual.No doubt there is little setback, but figures ... READ

Whispering protests over beach privatisation

Amidst speculations and whispering protests, Goa is planning to privatise management of its famous beaches, in order to keep them clean while also running it commercially."No beach will be privatised, but only its management", clarifies ... READ