The Future We Need
Across the world, there are many intergenerational funds whose corpus is invested in perpetuity to safeguard the principal and then generate real returns. The country’s 28 states and eight Union territories could set up such funds.
We Do Not Inherit the Earth from Our Ancestors; We Borrow It from Our Children The intergenerational equity principle offers a criteria to judge whether we have been good ancestors to our children and the countless future generations to follow. The principle of Intergenerational Equity (IE) is, at its heart, quite simple. It is our duty to ensure 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
The Goenchi Mati Movement today releases its Manifesto for the Goa Assembly Elections 2017. The movement asks all political parties to include it in their manifestos.
Over the last ten years mining losses have been variously reported and unsubstantiated estimates touted. In among all of this, one thing is certain: the trend is consistently upwards. Amounts have been quoted from Rs. 3,500 crores due to non-payment of royalty (PAC Report) to Rs. 35,000 crores due to mining outside lease areas (Shah Commission). However the latest official …
Zero loss mining and intergenerational equity A loss amounting to twice the cumulative state revenues was uncovered following an investigation into mining activities by Goa Foundation. This money represents the value of minerals mined and exported during the period 2004 to 2012 from Goa. The amount represents a Rs. 3.7 Lakhs loss of mineral assets for each and every Goan; …
The five principles of the Goenchi Mati Movement What would you say if you were told that each and every member of your family had been unceremoniously and consistently robbed over an eight-year period to the tune of Rupees 3.7 Lakhs? A theft of inherited wealth, passed down through the generations, now almost beyond recovery and the perpetrators yet to …
Sarah McGinnis writes about our Goenchi Mati Movement in the Sunday Herald Review today. She also explains the five points at the core of our movement: Minerals are owned by the people & the state is only a trustee on behalf of the people and future generations Minerals are inherited assets and we are merely custodians for future generations If we …
The Paani Foundation, a spin-off from the Satyamev Jayate TV show, has done an outstanding pilot in three talukas in Maharashtra. Over 100 villages participated in the Paani Cup. This involved sending villagers for training in watershed management, and then actually building water harvesting structures in 45 days in peak summer, just before the monsoon. Future generations played a key part in …
Iris C F Gomes from Prutha Goa discusses the idea behind the Goenchi Mati campaign: “The example Rahul uses to explain intergenerational equity is that the iron ore is like inherited gold which brings no income. This would prompt one to sell the gold and traditionally buy land for agriculture from which you could derive income. This is something that could be …