The Future We Need
The Navajo people have established a Permanent Trust Fund under Navajo Tribal Law. Here’s a short history of the Navaho Permanent Trust Fund. In 2014, the Navajo Nation won $554 million in a settlement with the US government over mismanagement of their natural resources. We have already reported on Mendha-Lekha and the Alaska Native and Regional Cooperatives. Will other indigenous peoples set up …
GOA (3rd-JAN-2017): The Goenchi Mati Movement welcomes the statement of the Archbishop at the recent Annual Civic Reception endorsing the idea of intergenerational equity in mining. As was rightly pointed out, minerals are a shared inheritance. And the existing system is leading to enormous corruption and mis-governance. Update: The relevant section of the speech by the Archbishop of Goa can be viewed …
The Goenchi Mati Movement details how Goa has been systematically looted of its mineral resources See easy-explainer below >> To control the slides manually hit ‘pause’ and use arrow keys. Best viewed in fullscreen.
On April 21, 2014, the Supreme Court ruled that the ‘Goa Iron Ore Permanent Fund’ be created. The stated objective was to ensure Intergenerational Equity (IE) and Sustainable Development (SD) in relation to Iron Ore mining as enshrined in the India Constitution under Article 21 ‘Right to Life’.
The Archbishop of Goa, Filipe Neri Ferrão, at the Annual Civic Reception on the occasion of Christmas (at Archbishop’s House, 28.12.2016) in his address highlighted Goa’s mining- related corruption and weak governance. The extract from his speech as follows:-
The Goenchi Mati Movement advocates a fair mining policy based on 5 key principles. See easy-explainer below >> To control the slides manually hit ‘pause’ and use arrow keys. Best viewed in fullscreen.
It seems that from the mining peak in 2010-11 all the way through the mining ban, the Supreme Court judgement and the unfair lease renewals, the main Goan donors of the BJP, the Congress and even the Communist Party of India were mining firms. Now we know why there was no opposition to the renewal of the mining leases. The …
Mineral extraction came to an abrupt halt in 2012 following publication of the Shah Commission Report. Exports of Iron ore had been at a steady rate for over 50 years but from 2007 they soared due to a surge in demand from China. The resultant mineral price-hike prompted dramatic, unrestricted expansion in Goan mining activity.
It is enlightened, it is sensible, and it is eminently feasible: Guy Standing, BIEN co-founder and honorary co-president
Our movement has been inspired by the permanent funds of Norway and Alaska. In a norwegian article titled “With Oil Fund as a model“, Kenneth Bo Nielsen describes the Goenchi Mati proposal, and considers whether there are aspects for Norway to learn from. The Norwegian newpaper, Bergens Tidende, has published the article.