VASCO: Goa Barge Owners Association President Atul Jadav stated that Goa Barge owners are in deep financial crisis, following a clamp down on illegal mining and a ban on export of dumps.

Addressing a press conference in Vasco, Jadav said the quantum of exports dropped from 54.45 million tonnes in 2010-11 to 42.0 million tonnes in 2011-12.
“Number of trips by individual barges, owned by private entrepreneurs, fell from 123 on an average during 2010-11 to about 60 trips during 2011-12. In order to break even, a barge should make at least 100 trips a month,” said Jadav.