CAG Estimates 33,169 Million Tones Coal Blocks = $5Trillion Loot
When more than 80% of Indians are extremely poor not even
spending Rs.600 to Rs.1000 per capita per month – this is average
figures. Since 1999 India has allowed over $50 Trillion worth of our
Natural Resources – Oil & Gas, Coal, Mines and Minerals, Prime Land
for Industrial and forestry etc free of cost.
The money that could have been invested in serving Poor, Farmers, Students, SMEs, Workers is Enriching few Corporate Families and filling Foreign Bank Vaults.
Since average price of Coal in international market is $150 per tone likely go up many fold the Corporate Loot far exceed $5Trillion.
CAG has grossly under estimated loss to public at just $200b.
CAG also grossly under estimated loss in case Oil & Gas blocks also in case of Reliance.
Minimum loss due to Oil & Gas, Coal and mines and minerals could be $25 Trillion.
As per Supreme Court order – GOI is custodian of our natural resources.
It gross mischief of JINDAL to suggest few Corporates generates all the wealth and 1210m people in India do nothing.
GOI is empowered by the Supreme Court judgment to AUCTION all our Natural resources.
Ravinder Singh
Progressindia008@yahoo.com
The money that could have been invested in serving Poor, Farmers, Students, SMEs, Workers is Enriching few Corporate Families and filling Foreign Bank Vaults.
Since average price of Coal in international market is $150 per tone likely go up many fold the Corporate Loot far exceed $5Trillion.
CAG has grossly under estimated loss to public at just $200b.
CAG also grossly under estimated loss in case Oil & Gas blocks also in case of Reliance.
Minimum loss due to Oil & Gas, Coal and mines and minerals could be $25 Trillion.
As per Supreme Court order – GOI is custodian of our natural resources.
It gross mischief of JINDAL to suggest few Corporates generates all the wealth and 1210m people in India do nothing.
GOI is empowered by the Supreme Court judgment to AUCTION all our Natural resources.
Ravinder Singh
Progressindia008@yahoo.com
Govt plans to implement Food Security Bill by year-end:
Government on Wednesday said it plans to implement the National Food Security Bill by the end of this year.
“We intend to implement the Food Security Bill by end of December,
2012,” Food Minister K V Thomas told reporters on sidelines of an event
organised by YES Bank and The Hindu Business Line.
He said as per the projections of the Agriculture Ministry, the
government has enough foodgrains to meet the requirements of Food Bill
as well as exports till 2014.
The National Food Security Bill was introduced in the Lok Sabha in
December, and it is being vetted by the Parliamentary Standing
Committee.
The ambitious food security programme of the UPA government aims to
provide legal entitlement over subsidised foodgrains to 63.5 per cent
of the country’s population.
Once the new food laws are implemented, Thomas said, “The subsidy
bill will go up to Rs 1.12 lakh crore. The government has capacity to
absorb additional subsidy of Rs 3,000-4,000 crore”.
For the current fiscal, the food subsidy is estimated to be around
Rs 88,000 crore, which will go up to Rs 1.09 lakh crore with revision in
2000 census and 1993-94 poverty line estimates, he said.
Foodgrain requirement under the Food Security Bill is estimated at 63 million tonne
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