On Sat, Jun 27, 2009 at 9:29 AM, lukhman_khan<[email protected]> wrote:
>
>>The second EN we have proposed is : Collect land rent from all GoI >plots such
> as Management Vastrapur plot, Nehru University plot, >Airport plots and give
> 33% to the Military and deposit 67% to the >citizen's bank or post office
> accounts. And divide the mineral >royalties in the same way - 33% to the 
> Military
> and 67% into the >citizens' bank or post office account.
>
> He expects the government to pay tax(rent) on the land they own to the people.
> The govt has no money of its own. It generates revenue by taxing people. To 
> pay
> the huge amounts in rent the govt will tax the people further. Defies logic.
>

GoI gives land to certain projects on 99-year lease terms and I assume
Rahul Mehta wants the government to stop doling out those 99-year
leases for paltry amounts to for-profit companies (like BIAL,
etc...??), which he opines should pay some minimal amounts as rent to
the GOI and citizens on a shared basis. [/assumption].

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