Goa Opposition Slams Government's Rs 677 Crore Event Spending Spree
In a sharp critique of the state's fiscal management, Opposition leader Yuri Alemao revealed on Monday that the Goa government has been spending an astonishing over Rs 46 lakh every single day to organize various events since 2022. This lavish expenditure has placed a staggering burden of more than Rs 677 crore on the state exchequer, raising serious concerns about financial priorities.
Specific Event Costs Highlighted by Alemao
Alemao provided detailed examples to underscore his point. He noted that when the Prime Minister visited Goa, a whopping Rs 13 crore was allocated for the 'Vikasit Goem, Viksit Bharat' event. Additionally, the swearing-in ceremony alone consumed Rs 6.5 crore. The opposition leader demanded an immediate halt to such high-cost events, arguing that the funds could be better utilized for public welfare.
Election Year Promises and Public Discontent
With elections looming, the government has launched the 'Sarkar tumcha dhari' (Government at your doorstep) initiative. However, Alemao countered this by quoting public sentiment: "lok mhonnta te zale bhikari" (people say they have become paupers). He emphasized that the administration should not only cease organizing expensive events but also refrain from taking additional loans that exacerbate the state's debt burden.
Chief Minister's Defense on Borrowing and Loans
Chief Minister Pramod Sawant responded by clarifying that the government has not taken loans specifically to fund these events. He announced plans to secure an interest-free loan of approximately Rs 500 crore from the central government for capital expenditure, aiming to bolster infrastructure without incurring interest costs.
Debt Concerns Raised by Benaulim MLA
Benaulim MLA Venzy Viegas escalated the debate by pointing out that the state's total borrowing since 2017 has skyrocketed to Rs 18,000 crore. He highlighted the financial strain, noting that on market loans, Goa must repay a principal of Rs 3,300 crore and interest of Rs 814 crore by 2031. In contrast, central government loans offer interest-free terms for up to 50 years, presenting a more sustainable option.
Sawant's Fiscal Management Claims
Chief Minister Sawant defended his administration's fiscal prudence, stating that he has maintained borrowing within acceptable limits. He proudly reported reducing the debt-to-GSDP ratio from 30% to 27%, indicating improved economic management. Sawant also confirmed that Goa has already availed an interest-free loan of Rs 4,148 crore from the Centre, showcasing efforts to minimize interest liabilities.
The ongoing dispute underscores a deepening political rift over financial accountability and public spending in Goa, with the opposition pushing for greater transparency and the government asserting its commitment to responsible economic stewardship.
