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He was 76.
Raut was not keeping good health for some time. He passed away at his residence in Bicholim in North Goa on Monday morning.
The former Bicholim MLA was an active member of the Maharashtrawadi Gomantak Party till he formed the Goa Praja Party in 2017.
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He served as a Cabinet minister between February 1991 and April 1994.
Goa Chief Minister Pramod Sawant and state Health Minister Vishwajit Rane expressed condolences. “Saddened by the demise of Former Goa Minister Shri Pandurang Raut. His contribution to the Development of Goa and his service to the people will always be remembered. My deepest condolences to the family. May God bestow sadgati to the departed soul. Om Shanti,” the chief minister tweeted.