Goa, July 26 -- The Goan economy is witnessing a downward spiral, which cannot be attributed just to the Corona-induced lockdown. While the slump has become more evident due to the pandemic, the real undercurrents that have pulled down the Goan economy into a plummeting spiral, is a matter for deeper introspection and discussion on open forums.

The mining industry has been one of the strong contributors to our economic surge for a long time. But for a decade or so, it has been plagued by many a malaise that has reduced it to a racketeering business for corrupt gains that fails to contribute to the State's revenue. The dwindling revenue from the mining sector has been making a severe dent on our capacity to float mining related developmen...