Goa to promote IT, tourism sectors

By Indian Embassy   |   Tuesday, 05 August 2003, 19:30 IST
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Goa has unveiled a new industrial policy that promises sustainable employment for locals and an investor-friendly path for sectors like tourism, IT and food processing.

PANAJI: The long-delayed policy says the state's thrust areas would include pharma and bio-tech industries; food processing and agro-based industries; IT and IT-enabled services; tourism and entertainment. It promises to encourage special parks for the above sectors, apart from a wine park, a software technology park, an apparel park, a film city and a special economic zone (SEZ). The new policy comes against the backdrop of a decline in new industrial units here, specially compared to the flood in the 1990s when generous tax holidays led to a virtual stampede by industries wanting to set up base in Goa. It is the Bharatiya Janata Party (BJP) government's first industrial policy since coming to power in the state in end 2000. "Maybe 4,000 to 5,000 jobs have been created (since then)," said Chief Minister Manohar Parrikar, a former industrialist himself. He said it was more important to see that jobs created were suitable to local people rather than just go by the amount of capital invested in industries in the state. Goa has a population of 1.4 million. Unveiling the policy, the government sought to highlight its achievements notched up due to good human development indicators. Goa has been ranked as the "best placed state" for infrastructure facilities by the 11th Finance Commission and has been given a top ranking by the National Commission on Population going by 12 quality of life indicators. Crisil, a credit-rating body, has also declared Goa the "second most fastest growing state" in India, the government noted. The new policy aimed to develop Goa as an "export-import hub". It also promised to "promote and encourage" technological upgrading in industry to arrest the influx of migrant labour. This is seen as a sop to local sentiments in a state where many feel industries have often brought in cheaper labour from other states while sidelining the local workforce. Parrikar said industries coming to Goa should be relevant to the type of jobs required here. Goa claims to have over 6,700 small-scale industries and 147 large and medium scale industries, employing over 50,000 people.