Goa’s debt burden is soaring

The Herald points out that the per capita public debt burden is around Rs. 100,000. While large, this is a fraction of the loss from mining estimated at Rs. 53,833 crores over the eight years of 2004-05 through 2011-12. Had this loss been captured, saved in the Permanent Fund and a Citizen’s Dividend paid, each of us would be receiving around Rs. 1,000 every month.