Goa State Industries Association (GSIA) has reacted strongly to Goa Industrial Development Corporations plans to enhance the lease rent and said that such a move would hurt economic recovery.
GSIA, in a strongly worded letter, demanded that instead of taxing entrepreneurs, the corporation should recover pending dues from defaulters, including Rs 7 crore from the Centre for created for Def-Expo at Quitol-Quepem.
In 2013, former chief minister Manohar Parrikar had persuaded industrialists to agree for 10% increase in lease rent every three years and had assured the industries that the increase would come into effect only after the initial 30-year lease period.