I did a calculation of vanishing resources that has not benefited Assam
sometime back. Some are lumpsum figures. Feedback will be welcome:-
Natural Resources taken out from Assam AND NOT PAID FOR-A Partial List (At
current prices)
Item name
Average Annual
Unit
No. of Years
Current average market price per unit($)
Total Amount per year (US$ Billion)
Total since 1947
(US$ Billion)
Basis
Crude Oil
+ Natural Gas, All Waxes, PetCoke
4.5 Million+
5.5
Million
MT
47 since 1961
$805
4.4
208.0
1MT=7.2 barrels (Oil India produces 3.4 Mn MT per year and ONGC produces 1.2 Mn
MT per year- ONGC used to produce upto 3 Mn MT sometime back)
Tea
475 Million
Kg
61
5
2.4
144.9
India produces 850 mn Kgs of tea per annum, Assam's share is 55%)
Timber
50 Million
Cft
35
3.5
0.18 (not to be added to current year)
6.1
(Assam used to supply upto 90% of India's plywood demand. The log felling ban
has put an end to legal logging operations)
Coal
10 Million
MT
61
150
1.50
91.5
(Annual average production of NECF is about 10 lakh MT. Price of Steel grade is
Rs. 7500 per MT and for non Steel
Bamboo
LS
-
30
-
0.50
15.0
(HPC and paper mills outside Assam has been exploting the bamboo wealth of
Assam for past 30 years)
Others
LS
-
61
-
2
122.0
Others like Agar, agarwood, Shellac, minerals, silk, medicinal herbs, spices,
animal produce etc.
Total
14.3
801
At $Bn=4000 croreRs.
The amount becomes Rs. 32 Lakh Crores.
32,000,000,000,000=
Thirty two Trillion Rs
