Orissa Government Archive

  • Our iron ore is finite, unlike the venality of our politicians and kleptocrats. And so, according to conservative estimates, it will last for another 60 years. Under the circumstances, should we start exporting it to China at a throwaway price (compared to what it will fetch when the commodity gets scarce) to the detriment of the future generations? Or should we be conserving the resource and exploiting only that which is needed for the development of the country? Are we not stealing from the future generations?

    Selling India’s natural resources

    Posted on November 22, 2009 | 3 Comments
    Our iron ore is finite, unlike the venality of our politicians and kleptocrats. And so, according to conservative estimates, it will last for another 60 years. Under the circumstances, should we start exporting it to China at a throwaway price (compared to what it will fetch when the commodity gets scarce) to the detriment of the future generations? Or should we be conserving the resource and exploiting only that which is needed for the development of the country? Are we not stealing from the future generations?

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