The Chief Minister Dr Pramod Sawant held an extensive first review meeting with the Finance Department after the formation of the new Government. CM appreciated the department for the following reforms;
1: Low interest rate of NABARD “RIDF” @2.75% was availed for various health, sewerage, waste management and water supply projects. Amounts drawn is to the extent of Rs. 500 crore as against Rs.60 crores drawn in FY 2019-20.
2: All the loans have been restructured and have been brought at an interest rate of 8% and below of Govt bodies and corporations.
3: SIDBI has agreed to in principle fund Rs.1000 Crore under SIDBI cluster development fund for the state of Goa.
4: Immediate liquidity through discounting system through RXIL portal which was led to to clearing dues of more than Rs.500 Crore.
The CM also emphasized on revenue generation measures, curtailing wasteful expenditure and utilization of unutilized fund lying for various purposes so that the benefit reach common man.