Home India Ministry of Finance Inputs for Goa...
Date: 2026-02-03 Category: Press Release State: Union Government Country: India

Inputs for Goa

Issued by Ministry of Finance · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document, released by the Ministry of Finance on February 3, 2026, provides an overview of the increased central transfers and infrastructure development efforts for Goa. It highlights budget allocations, special assistance programs, and key projects in roadways, railways, airways, tourism, digital connectivity, and flagship schemes until January 2026. A key detail to note is the budgeted tax devolution of Rs 5,570 crore for FY 2026-27 (BE). **Key Points / Main Content** * **Central Transfers:** * Tax devolution of Rs 5,570 crore budgeted for FY 2026-27 (BE). * Grants-in-aid of Rs 1,364 crore budgeted for 2025-26 (BE). * Tax devolution between 2014-26 totaled 36,903 crore. * Grants-in-aid between 2014-26 totaled 9,988 crore. * **Special Assistance to States for Capital Expenditure:** * Under the Scheme, special assistance is provided as 50-year interest-free loans to State Governments. * Releases under this assistance to Goa, from 2020-21 to 2025-26 (till Jan 2026) totaled 4,022 crore. * **Infrastructure Development:** * **Roadways:** Over 299 km of National Highways constructed as of 30.06.2025; 26 km of National Highway corridors developed under Phase I of Bharatmala Pariyojana. * **Railways:** Budget allocation for Railways significantly increased between 2014-24. Commissioning included 24 km new tracks, 164 km electrification, and 11 rail flyovers & under-bridges. * **Airways:** 3 new air routes operationalized under RCS UDAN; Greenfield International Airport at Mopa inaugurated in December 2022. * **Tourism:** Statue of Prabhu Shri Ram unveiled, Ramayana Theme Park Garden inaugurated, and special postal stamp released on 28th November 2025. Over Rs 197 crore sanctioned under Swadesh Darshan Scheme. * **Digital Connectivity:** 4G mobile tower inaugurated in Morpila (September 2025). * **Flagship Schemes (as of January 2026):** * PM Jan Dhan Yojana: Over 2.27 lakh accounts. * PM Jeevan Jyoti Bima Yojana: Over 3.91 lakh enrollments. * PM Suraksha Bima Yojana: Over 8.40 lakh enrollments. * PM Mudra Yojana: Over 5.78 thousand crore disbursed. * Atal Pension Yojana: Over 1.18 lakh subscribers. * PM SVANidhi: Over 3.04 thousand applications disbursed. * KCC Cards Issued: 25.7 thousand+. * Jal Jeevan Mission: Over 2.63 lakh rural households provided tap water connections. * PM Ujjwala Yojana: Over 1.95 thousand LPG connections released. * Jan Aushadhi: Over 18 Jan Aushadhi Kendras operationalized. * Ayushman Cards: Over 1 lakh cards created. * PM Garib Kalyan Anna Yojana: Over 5 lakh beneficiaries. * PM KISAN: Over 6.29 thousand farmers supported. **Impact Analysis** **State Government of Goa** *Impact:* Increased financial resources through tax devolution, grants, and special assistance, enabling capital expenditure and infrastructure development. *Action Required:* Effectively utilize the allocated funds for planned development projects and schemes. **Citizens of Goa** *Impact:* Benefit from improved infrastructure, enhanced digital connectivity, and access to various flagship schemes promoting financial inclusion, social security, and welfare. *Action Required:* Avail benefits of the schemes and infrastructure projects. **Farmers in Goa** *Impact:* Benefit from support through the Krishi Udan Scheme, enabling transportation of agricultural products. Support from PM Kisan Yojana *Action Required:* Utilize the support mechanisms to improve agricultural productivity and market access. **Tourists / Visitors to Goa** *Impact:* Enhanced tourism infrastructure including roadways, airways, and tourism projects (Passenger Ropeway, theme parks) to boost connectivity and tourist experience. *Action Required:* Benefit from enhanced access to tourism opportunities within Goa.

Key Entities Referenced

Ministry of Finance: The central ministry responsible for the administration of the finances of the Indian government, overseeing tax devolution and grants-in-aid mentioned in the context. Goa: The specific location to which the budgetary allocations, infrastructure projects, and initiatives described in the document apply. Bharatmala Pariyojana: A centrally-sponsored and funded Roads and Highways project of the Government of India, referenced for development of National Highway corridors in Goa. RCS UDAN: A regional connectivity scheme for airways that helped operationalized new air routes in Goa Swadesh Darshan Scheme: A scheme that is meant for development of coastal theme-based circuits in Goa.
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Ministry of Finance Inputs for Goa Posted On: 03 FEB 2026 11:21AM by PIB Mumbai Panaji : 3 February 2026 Central Transfers to Goa have increased substantially Tax devolution: Rs 5,570 crore has been budgeted as tax devolution for FY 2026-27 (BE) Grants-in-aid: Rs 1,364 crore has been budgeted for Goa for 2025-26 (BE). Item 2014-26 (in Rs crore) Tax Devolution 36,903 Grants-in-aid 9,988 Special Assistance to States for Capital Expenditure Under the Scheme, special assistance is provided to the State Governments in the form of 50-year interest-free loans, whose interest costs are borne entirely by the Centre. This is beyond the Finance Commission's recommendations. Releases under Special Assistance to States for Capital Investment to Goa (Rs. in crore) 2020-21 2021-22 2022-23 2023-24 2024- 2025- Total 25 26 2020- (till 21 to Jan 2025- 2026) 26 (till Jan 2026)98 1,267 1,279 4,022 111 573 695 Infrastructure Efforts for Goa Roadways: Over 299 km of National Highways constructed in Goa as on 30.06.2025 Development of 26 km of National Highway corridors with tentative total capital cost of Rs 64 crore constructed in Goa under Phase I of Bharatmala Pariyojana. July 2024: 6-Lane access-controlled 7 km road project from Manohar International Airport to Dhargal on NH-166S in Goa costing Rs.1183 crore inaugurated Railways: Budget Allocation for Railways # Items 2004-14 2014-24 1 Annual Average Budget 5,545 53,122 Outlay (Rs Cr) Commissioning during 2014-24 24 km new tracks 164 km electrification, against 0 km during 2009-14 11 rail flyovers & under-bridges Ongoing projects (New tracks) : 2 projects; 328 km; 5,585 Cr 2 Vande Bharat routes operationalized: Goa (Madgaon) – Mumbai (in June 2023) and Mangalore-Madgaon (in Dec 2023) 03 stations will be developed as Amrit stations : Madgaon, Sanvordem, Vasco- da-gama Airways: 3 new air routes operationalized under RCS UDAN Greenfield International Airport at Mopa, Goa inaugurated by PM Modi in December 2022 (developed at a cost of around Rs 2,870 crore). Goa airport covered under Krishi Udan Scheme (to assist farmers in transporting agricultural products). Tourism: 28th November 2025: Prime Minister unveiled a 77 feet statue of Prabhu Shri Ram, made up of bronze at Shree Samsthan Gokarn Partagali Jeevottam Math Prime Minister inaugurated ‘Ramayana Theme Park Garden’ developed by the Math. Prime Minister released the special postal stamp and a commemorative coin, and address the gathering on the occasion.Over Rs 197 crore sanctioned under Swadesh Darshan Scheme for development of coastal theme-based circuits in Goa. 6 February 2024 (Goa): Prime Minister laid the foundation stone for a Passenger Ropeway project, along with associated tourism development activities, boosting tourism connectivity and visitor experience. Prime Minister laid the foundation stone for a 100 MLD Water Treatment Plant, strengthening urban water supply and public utility infrastructure. Panaji selected under the Smart Cities Mission. Sports, Skill & Maritime Training Infrastructure 6 February 2024 (Goa): Prime Minister inaugurated the new campus of the National Institute of Water Sports, strengthening sports training and water-based tourism skills. The Prime Minister inaugurated the Integrated Sea Survival Training Centre at the ONGC Institute, enhancing offshore safety and maritime skill development. Education & Technical Institutions 6 February 2024 (Goa): Under the Viksit Bharat, Viksit Goa 2047 programme, the Prime Minister inaugurated the permanent campus of the National Institute of Technology (NIT) Goa. The foundation stone had been laid in December 2018, marking the completion of a long-pending higher technical education project. Digital Connectivity & Telecommunications 29 September 2025 (Morpila, Quepem Taluka, South Goa): Prime Minister inaugurated a 4G mobile tower, strengthening telecommunications connectivity, improving digital access, and supporting last-mile inclusion in the region Efforts Under Flagship Schemes (as of January 2026) PM Jan Dhan Yojana – Total accounts: 2.27 lakh+ PM Jeevan Jyoti Bima Yojana – Enrollments: 3.91 lakh+ PM Suraksha Bima Yojana – Enrollments: 8.40 lakh+ PM Mudra Yojana – Disbursed amount: 5.78 thousand crore+ Atal Pension Yojana – Total subscribers: 1.18 lakh+ PM SVANidhi – Applications disbursed: 3.04 thousand+ KCC Cards Issued: 25.7 thousand+ Jal Jeevan Mission: 2.63 lakh+ rural households provided tap water connections PM Ujjwala Yojana: 1.95 thousand+ LPG connections released Jan Aushadhi: Over 18 Jan Aushadhi Kendras have been operationalizedAyushman Cards: 1 lakh+ Ayushman cards created PM Garib Kalyan Anna Yojana: 5 lakh+ beneficiaries PM KISAN: 6.29 thousand+ farmers supported (Source: M/O Finance) | PIB Panaji / Priti Malandkar Follow us on Social Media: @PIBPanaji /PIBPanaji /pib_goa pibgoa[at]gmail[dot]com /PIBGoa (Release ID: 2222420) Visitor Counter : 31 Read this release in: Marathi

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