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NCP demands notification of Goa Investment policy

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Press Trust of India Panaji
Last Updated : Feb 11 2015 | 2:05 PM IST
The Nationalist Congress Party today demanded that the Goa government should notify the investment- cum-industrial policy which promises industrial growth in the state.
"Why is the state government not notifying the policy? We suspect that it has been left open for manipulations," NCP Goa chief spokesman Trajano D'Mello told reporters today.
He said the policy makes "tall promises" of employment generation and industrial growth, but the document is useless when it is not notified.
"When policy is not notified it is open for manipulation. The government is supposed to have announced an investment policy somewhere in the month of July 2014," D'Mello alleged.
He said the investment promotion board headed by the Chief Minister has already been notified but the actual policy is not.
"What legal sanctity the board has got without the policy?" he questioned.
D'Mello said such acts would not instill confidence in investors in Goa and on the other hand it will create confusion and insecurity in undertaking deals for approval of projects.

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First Published: Feb 11 2015 | 2:05 PM IST

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