Small States Winners
Goa
Best performing
OVERALL, ECONOMY, TOURISM AND INFRASTRUCTURE
SUN, SAND AND THE SCENT OF SUCCESS
Secured the top rank in three of 12 parameters
Per capita income has increased from Rs 4,11,740 in 2017-18 to Rs 4,30,081 in 2018-19,the highest among all the states
Goa has managed to retain the flow of Foreign Direct Investment (FDI) despite its revenue taking a hit because of the March 2017 ban on iron ore mining. In 2019-20, the state received $64.5 billion in FDI, 0.04 per cent more than the previous year, the highest among small states. The state’s economic survey of 2019-20 shows that it registered 12.14 per cent growth in the gross state domestic product (GSDP) in 2017-18 over the previous fiscal.
The signs of prosperity were visible across Goa before Covid-19 struck in March. The showrooms of luxury cars and bikes at Miramar in Panaji would receive an average of 10 customers every day. Locals and tourists alike thronged the shopping malls, eateries and entertainment centres.
Even in terms of infrastructure, Goa was leading the way. The stretch between Dabolim airport and Panaji is a testimony to the state’s investment on road construction. In 2018, Goa had 46.90 banks per 100,000 people, 62.5 vehicles per km, 10 flights for 1 million people, 11 post offices per 100,000 people and 802 mobile phones per 1,000 people. With 2,936 kw power available per capita, Goans are considered among the highest power consumers in the country.
Goa has maintained its numero uno position in tourism with better air, road and water connectivity and a tourist-friendly atmosphere. The state spent Rs 273 per tourist that landed in the state in 2018-19 on infrastructure. It focused on attracting tourists beyond its
