I am confused ......What does this mean ? Miki Naik , Samir - TopicsExpress

I am confused ......What does this mean ? Miki Naik , Samir Kelekar , Sanjay Dessai , Ricardo Pinto Rebelo Point no. 20 on page 6 of the Goa Budget 2014 with regard to debt of the Barge, Truck and Machinery owners/ contractors says : A primary estimate indicates that the liability of this sector, is to the tune of around ` 680 crores, and will require around ` 340 crores to work out a reasonable one time settlement with the bankers. It is my intention to make the payments in the next two to three years. I have made a provision of ` 150 crores in this Budget to make the sector debt free. Details of the proposal will be worked out in consultation with the Bankers, Financial companies and the members of this August House representing the areas impacted by mining ban. Does this mean the collateral remains with the contractors and the Goa Government Pays ?

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