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Stranded vessel at beach caused loss upto Rs 21cr, says CAG report

A ship that was stranded at Goa’s beach for over 12 years caused erosion of 5,000 square metres resulting in a loss of around Rs 21 crore, according to a CAG report tabled in the state Assembly on Thursday.

The grounding of MV River Princess, charted by M/s Salgaoncar Mining Industries Limited, at Sinquerim beach since June 2000 affected the coastline upto Calangute, the Comptroller and Auditor General (CAG) report has pointed out.

‘As the sand dunes which formed a protective cover to the land were washed away, the land measuring 5,000 square metre along the beach stretch valued at approximately Rs 21 crore was eroded,’ the CAG has said.

The vessel, which was broken into pieces and carried away last year, had run aground for almost 12 years.

‘The Sinquerim beach became almost desolate for beach tourism during the intervening period and the reported financial losses on account of reduced occupancy in the hotels and reduction in tourist arrivals was estimated at Rs 17 crore,’ the report adds.
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