The Future We Need
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 …
The Economic Survey of India 2016-17 discusses permanent funds in the context of the Goenchi Mati Movement. It also acknowledges the input of our member, Rahul Basu.
The CAG reports that some Rs. 9,307 crores is recoverable from Reliance on account of the KG basin operations. As the block is offshore, the minerals are owned by all the people of India. Our share is Rs. 74 each. But we must stop cheating our children and future generations. Let’s use this money to start off the All India Permanent Fund. Would anyone …
We are proposing that the real income from the Goenchi Mati Permanent Fund be distributed equally to all as a right of ownership over the commons, a Citizen’s Dividend. The Citizen’s Dividend is actually a form of Unconditional Basic Income. A group of concerned citizens have formed the India Network for Basic Income, to examine all varieties of Basic Income. Like …