Goa Launches 'Central Funds First' Strategy to Boost Infrastructure

The Goa government has launched an initiative to tap into Central government schemes offering 100% financial assistance, aiming to accelerate infrastructure development across critical sectors such as agriculture, education, healthcare, employment, skill development, transport, ports, roads, and water supply.

As part of this initiative, the state will appoint a consultant to identify eligible Central schemes and support various departments in preparing project proposals in compliance with Union government guidelines. The consultant will work closely with state departments to secure necessary approvals and assist in preparing key documentation—including pre-feasibility reports, techno-economic feasibility studies, and detailed project reports (DPRs).

This effort aligns with Goa’s broader vision to become India’s first developed state, by strategically leveraging Central financial resources through both central sector and centrally sponsored schemes.

While tourism continues to be a cornerstone of the Goan economy, the state government also highlights the rising importance of pharmaceuticals and information technology as emerging engines of employment and economic growth.

News by Rahul Yelligetti.