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Goa loses Rs 800 cr revenue due to mining closure

Panaji: The Goa government has taken a hit of Rs 800 crore so far this fiscal to its treasury due to the closure of mining activity in the state, a senior official said on Tuesday.

We are going through a hard phase. We have taken a big hit after the closure of mining activity, state Chief Secretary B Vijayan told a gathering of bankers in Panaji.The total impact on the state's treasury due to mining closure is Rs 800 crore, he said, adding that 20 per cent of state's revenue resources are generated from the mining activity.
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