The economy of Goa during the colonial days was not something that is worth writing about. But nevertheless an attempt has to be made. Besides Panjim, Margao, Mapusa and Vasco which were controlled by the Portuguese administrators, almost all villages in Goa had no Portuguese presence at all. Village authorities were : Cabo de Policia, the Regedor and the Pado Vigario (PV). A mestiso was Cabo de Policia, a middle aged son of a local batkar was the Regedor and PVs were mostly Rachol bamons.
The village economy was mostly agricultural and controlled by batkars who exploited mundkars without Christian mercy. But then what did the batkars do with their wealth ? They built their haciendas but village wealth was in the hands of Confrarias., Gaunkarias Communidades and what have you and the PV was in charge of it all or was under his influence. The PVs invested this wealth to build Taj Mahals of which today all villagers are proud of. A small part of this wealth went for the welfare of PV's nephews whose descendants today are doing well not only in Goa, but in England, Canada, the U.S. as well not to mentio far off places like Stockholm, Melbourne, Bahamas, Macau etc.