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Cooperative banks directed to recover dues from defaulters
Cooperative banks directed to recover dues from defaulters

Time of India

time16 hours ago

  • Business
  • Time of India

Cooperative banks directed to recover dues from defaulters

Porvorim: Cooperative banks and credit societies in the state have been given a firm directive to ensure that non-performing assets (NPA) do not rise further, said minister for cooperation Subhash Shirodkar. Speaking in the state legislative assembly, Shirodkar said that cooperative banks and credit societies have been asked to work towards the recovery of outstanding loans to ensure that depositors' wealth is not eroded. 'Three to four cooperative banks and societies have collapsed. It is very difficult to revive them now. The old NPAs are okay, but in the future, it cannot happen. From Jan 1, they cannot have any new NPA accounts; this directive has been given to them,' said Shirodkar. He added that a special cell has been created at the Registrar of Cooperative Societies to monitor the financial status of cooperative entities. Out of 475 cooperative societies in Goa, only 431 submitted audit reports by Aug 2024. 'We have also directed the RCS to ensure that our auditor must audit these cooperative banks and cooperative credit societies at least once every two years. There are 10,000 cases of cheque bounce because the loanees could not repay the dues,' said Shirodkar. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and s ilver prices in your area.

North Goa water woes to end by March: WRD Minister
North Goa water woes to end by March: WRD Minister

Time of India

time17 hours ago

  • Business
  • Time of India

North Goa water woes to end by March: WRD Minister

Porvorim: The 250MLD water treatment plant at Sal will be commissioned by March and the water shortage faced by North Goa will be resolved, said water resources minister Subhash Shirodkar in the assembly on Thursday. Shirodkar said that the water resources department (WRD) has commenced surveys and is pursuing administrative approvals for three to four dams, which will address the state's water requirements. 'On the Sal, we are building a major barrage, a project for posterity. Once completed, we will be able to lift 250MLD of water in addition to the existing capacity of 120-130MLD,' said Shirodkar. He said, 'By March, we will commission it. We are going on a war footing on that. Entire North Goa, including Pernem, Calangute, and Candolim, will not have water problems.' He was speaking during the discussion on the grants for the WRD. Shirodkar also announced that govt plans to desilt the Kushawati river to curb flooding at Paroda. 'We are looking at options to desilt the Kushawati, and if required, we are willing to take help from the National Institute of Oceanography,' said Shirodkar. He said, 'It will not cost much to desilt the Kushawati, maybe Rs 3-4 crore. The blockages will be removed. The process has begun.' Concurring with the concern raised by legislators about borewells, Shirodkar hinted at strict action against the illegal use of groundwater. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and s ilver prices in your area.

River Sal clean-up continues but no penalty for pollutersMore Infra Improvements On The Cards
River Sal clean-up continues but no penalty for pollutersMore Infra Improvements On The Cards

Time of India

time5 days ago

  • General
  • Time of India

River Sal clean-up continues but no penalty for pollutersMore Infra Improvements On The Cards

Margao: While state govt has deployed floating aerators and automated gates worth crores to resurrect the dying river Sal, not a single polluter has faced penalties despite continuing contamination of the river, revealed legislative assembly records The stark contradiction was evident from the written reply by water resources minister Subhash Shirodkar in the ongoing monsoon session of the state assembly. Shirodkar's reply stated that enforcement was limited to 'requesting' the public health engineering department to stop unauthorised discharges. This lenient stance of govt on pollution enforcement stands in sharp contrast to its aggressive spending, largely on technological measures, to clean up the Sal. Since 2020, the state has already pumped in over Rs 40 crore into the Sal's revival. An automated water storage structure, with floating aerators, costing Rs 24 crore was built near the wholesale fish market in Margao. Bio-beds were installed to enhance parameters such as turbidity, colour, and odour, while electrically operated gates control water flow with precision. However, despite the adoption of technological solutions, the discharge of raw sewage and industrial waste into the river continues unabated. Sources pointed out that the National Green Tribunal 's 2018 order specifically mandated action against polluters, but five years later, Sal's restoration relies entirely on expensive downstream solutions rather than stopping contamination at the source. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 Most Beautiful Female Athletes in the World Click Here Undo 'You can install all the aerators you want, but if sewage keeps flowing in, you're just creating an expensive fish tank,' said one observer familiar with the project. The upcoming Phase III of the Sal clean-up project, estimated at Rs 18 crore, promises more infrastructure improvements. This includes erecting chain link fencing alongside the Sal river near the wholesale fish market in Margao and putting in place a sedimentation process at the nullah mouth at various places to treat sewage in the Fatorda constituency. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !

All units at Verna ind estate to be told to treat effluents
All units at Verna ind estate to be told to treat effluents

Time of India

time29-07-2025

  • General
  • Time of India

All units at Verna ind estate to be told to treat effluents

Porvorim: Minister for water resources Subhash Shirodkar said in the assembly on Tuesday that the Kesarval spring at Verna will soon be rejuvenated and beautified at an estimated cost of Rs 13 crore. Chief minister Pramod Sawant said it will be made mandatory for even smaller units at the Verna industrial estate to set up effluent treatment plants so that the quality of water at the spring is maintained. Quepem MLA Altone D'Costa said that the quality of the water at the spring is deteriorating. 'The Kesarval spring sees a large number of visitors every day. Our tourism department has proposed the development of springs, and when we noticed it was not part of the list, we decided to add it,' Shirodkar said. 'We carried out an inspection recently. The spring will be developed and beautified, and bandharas will be built downstream so local farmers can continue using the water for agriculture.' Fatorda MLA Vijai Sardesai said that today people report getting skin infections after bathing in the Kesarval spring, while Curchorem MLA Nilesh Cabral said that unless the quality of water is improved at the spring, there is no point in carrying out the beautification works.

Govt plans to meet drinking water requirement by 2027: WRD minister
Govt plans to meet drinking water requirement by 2027: WRD minister

Time of India

time07-07-2025

  • Politics
  • Time of India

Govt plans to meet drinking water requirement by 2027: WRD minister

Panaji: State govt started work to meet the entire drinking water requirement of Goa by 2027, said water resources minister Subhash Shirodkar. 'For this, we are planning to set up many more water treatment plants across the state in areas that do not have one at the moment. Tired of too many ads? go ad free now The work of increasing the height of the Mhaisal dam is in this direction to make provision of raw water for these new plants,' he said. The minister added that to achieve this goal, a new department of drinking water has been carved out, separate from the control of the public works department. 'In many areas of Goa, additional water treatment plants are needed. The chief minister has given general instructions that the drinking water issue should be fully resolved by 2027. It is expected that the new department will help create the network of treatment plants needed to meet the shortage,' he said. Goa is facing 38% non-revenue water, or loss of water from the supply chain due to old pipelines. The state has been vying for central govt assistance to replace the entire water supply pipeline network with a new one. Goa presently faces a shortage of around 65 MLD of treated water as against its requirement. Goa also falls short of its raw water requirement during the summer months. Shirodkar already said that the state is constructing 100 more bandharas across various rivers to increase the storage of raw water. The state is working to take the total number of bandharas to 500. Construction of a 250 MLD barrage at Rs 300 crore is expected to hugely enhance raw water storage for Bardez, Pernem, and Bicholim talukas.

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