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Fred,
It is worthwhile to note that the tax exemption is being sought for a
valuable non-renewable resource that is being exported out of the country.
There is no industry that compares in ecological destructiveness to mining.
Its has taken over 50 years for our Central Government to come to its senses
and the cess is just the begining of a phased ban on iron ore exports. Hope
the cess used for the right purposes.
Guess the dramatic increase in iron ore mining in Bellary and neighbouring
areas has forced the governments hand.
Regards
Sunith
You'll guys want India to (and believe India can) become a "super
power", and yet are unwilling to sacrifice a share of your
untaxed-for-generations superprofits? How is this possible? Or, are
sacrifices reserved only for those who have no belts to tighten? The
response of the media in Goa over this issue is amazing. How can one
support Goa Bachao at the same time as one backs Mining Bachao to the
hilt? Interesting to see the mining lobby squeeze out free publicity
even from Goanet! FN
