Investment Profile in Goa

The Goa government floated a of loan of Rs 40.26 crore to finance capital expenditure in the form of developmental projects in the State of Goa, last September.

In the last 13 years, from 1987 onwards, the government of India has sanctioned loans amounting to Rs 1062.86 crore to the State of Goa. While from 1988, Goa raised public loan amounting to Rs 327.90 crore.

Loans amounting to Rs 104.37 crore were received from LIC, REC, PFC, HUDCO, NCDC and NABARD. The outstanding balance of the government of India is Rs 808.79 crore, according to the official financial position of the State.

All the loans raised and received from government of India are utilised for the creation of productive assets such as irrigation dams, canals, tanks, co-operative societies, Goa Housing Board, etc.

FIVE LARGEST PROJECTS IN GOA:

TOTAL INVESTMENT IN GOA
Rs 6, 377 crore (Rs 63, 770 million)

UNDER IMPLEMENTATION
Rs 976 crore (Rs 9760 million)

Public: 75.4%
Private: 24.4%
FDI: 0.2%

Snapshots of Invesment and Finance in Goa:

State domestic product: Rs 1,849 crore (Rs 18,490 million)

SDP growth: 1.93%

Per capital state income: Rs 14,736

Share of industry in SDP: 38%

Joint stock companies in state: 1,788

State fiscal deficit: Rs 104.50 crore (Rs 1045 million)

Inflation rate (Panaji): 13.7%

State Bank Credit: Rs 957.29 crore (Rs 9,572.9 million)

State Market Capial: Not Applicable

State Priority Sectors: Electronics, Marine Products,
Mining, Tourism

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