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Mining in India equals selling the family gold Updated: Updated: January 19, 2021 10:38 IST Treating mineral sale proceeds as revenue or income hides the real transaction the sale of inherited wealth Share Article AAA Treating mineral sale proceeds as revenue or income hides the real transaction the sale of inherited wealth The principle that the economy must be “sustainable” we cannot compromise the ability of future generations to meet their needs is beyond question. Climate change and high levels of consumption already threaten to rob future generations of a planet that is liveable. The principle of Intergenerational Equity would make it imperative for us to ensure future generations inherit at least as much as we did.

United kingdomState of goaRahul basuSupreme courtGoa foundationNational pension schemeInternational monetary fundGenerations fundGoa iron ore permanent fundIndia national mineralIntergenerational equityNational mineral policyGovernment accounting standards advisory boardFuture generationsFuture generations fundUniversal basic income