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    Home»Local News

    With no Economic Revival Plan in site, what lies ahead is the suffering of people: Digambar

    adminBy adminSeptember 3, 2020Updated:September 3, 2020 Local News No Comments2 Mins Read
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    Margao – The BJP Government at the centre who lived with false dreams of “Acche Din” all these days has now pushed the Indian Economy to a disaster with the GDP falling down to a historic minus 23.9%. With no economic revival plan in site, what lies ahead is “Suffering of the People” because of “Blunders of Incapable” charged Leader of Opposition Digambar Kamat.

    The bankruptcy of the local Government in Goa is exposed with the fact that the majority of the hardworking Government employees missed their salaries before Ganesh Chaturthi and most of them have missed it even at the end of the month stated Digambar Kamat.

    The Central Government has completely failed in management of the Covid pandemic as well as the economy of the country. Despite the warnings from our Leader Rahul Gandhi of a tsunami hitting the nation if timely action is not initiated to boost the economy, the BJP Government preferred to continue with its ignorant approach and chose to celebrate with banging of thaalis and lighting of diyas, which has now resulted in crashing of economy.

    I want to warn the Chief Minister who also holds the finance portfolio to out rightly reject the twin options given by the Central Government to bridge the GST compensation gap. It is the legal and moral responsibility of the centre to compensate the States for the GST revenue shortfall. The financial burden of additional borrowing must be borne by the Centre. The already bankrupt Goa will not be able to bear the burden of interest on new borrowings for Centre’s fault claimed Digambar Kamat.

    It is unfortunate that the Chief Minister has not released the White Paper on the financial status of Goa till date. The Government must adopt to austerity measures immediately and curtail wasteful expenditure on organising IFFI demanded Digambar Kamat

     

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