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
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