Alaska’s budget dilemma

Alaska is continuing its nearly two year long discussion to balance the budget. There are essentially four alternatives (a) sell more oil at low prices, treat receipts are revenue; (b) reduce expenditure; (c) raise taxes, especially introduce an income tax; and (d) raid the Permanent Fund. The discussion has now centered around either an income tax or raiding the Permanent Fund.

UNICEF Declaration on the responsibilities of the Present Generation towards Future Generations

On 12th November, 1997, the UNICEF General Assembly adopted the Declaration on the responsibilities of the Present Generation towards Future Generations. The full text is after the break

Victory a reason to loot?

GMM member Laura Bush writes about how the people of Goa lose substantial amounts every time minerals are extracted under the current unfair mineral lease system. Do read Sale of Goa’s Kohinoor—minerals, which appeared in the Herald newspaper on April 23, 2017. Read more …

Alaska’s budget woes

We’ve been inspired by Alaska’s Permanent Fund Dividend. With its current budget crisis, we can witness in real time how politicians will try to steal from future generations. Our member, Rahul Basu, writes on how Alaska should view its problems. We hope their Permanent Fund Dividend is restored.

Latest CEC meeting: DMF portal, drones

The Coordination-cum-Empowered Committee on Mineral Development and Regulation (CEC) meets at irregular intervals. The minutes and meeting notes provide fascinating reading. We had recommended the use of LiDAR, drones and mobile weighbridges to keep a tight leash on mining. We also recommend participatory budgeting for District Mineral Foundations (DMFs). It is positive that the Central Government is creating a portal for monitoring …

New Paper on Goa’s mining

Intergenerational Equity Case Study: Iron-ore Mining in Goa is a new paper by our member, Rahul Basu. “The public trust doctrine makes natural resources a part of the commons, owned equally by all, and legally owned by the state. The resources and opportunities that the present generation have inherited must be available to future generations in perpetuity. In the Goa …

Video explanation of our movement

We have created a youtube playlist to explain our movement. Here’s the list of videos: The five principles of mining (4:22) Frequently asked questions on the 5 principles (12:57) What we expect if we implement the 5 principles (6:23) How deviations from the 5 principles attract the Resource Curse (5:16) How the legal mining system is looting the people (13:19) How the Congress and BJP have stabbed Goans …

Curse hits deviants

The Resource Curse applies to whom? Those who deviate from the 5 principles of the Goenchi Mati Movement. Here’s a short video explanation. Ask more questions or clarifications in the comments.

How mining loots the people

Here’s a short explanatory video on how the legal mining system resulted in the people receiving less than 5% of the value of the minerals that are theirs! Each person, however rich or poor, lost Rs. 3.7 lakhs over eight years. And forty families became rich. Can this be right? Also watch this explanatory animation on the same topic.

Support the Goenchi Mati Manifesto

Here’s a short appeal to support the Goenchi Mati Manifesto. Our core ideas are in the Economic Survey 2016-17 of the Government of India. Do share widely.