PLUNDERING OF NATURAL RESOURCES !

Article 297 in The Constitution Of India 1949

297." Things of value within territorial waters or continental shelf and resources of the exclusive economic zone to vest in the Union

(1) All lands, minerals and other things of value underlying the ocean within the territorial waters, or the continental shelf, or the exclusive economic zone, of India shall vest in the Union and be held for the purposes of the Union

(2) All other resources of the exclusive economic zone of India shall also vest in the Union and be held for the purposes of the Union

(3) The limits of the territorial waters, the continental shelf, the exclusive economic zone, and other maritime zones, of India shall be such as may be specified, from time to time, by or under any law made by Parliament."

As cited above,all natural resources such as gas,petroleum,coal and mineral etc are the property of our republic.It also provides the guidelines about their use and accordingly ,under article 39[b] of the constitution ,it is the responsibility of the state to ensure that the ownership and control of material resource of the community are so distributed to sub-serve the common good.

But what has been happening since last many decades ?In utter violation of our constitutional norms,the nation's wealth is being sold every day to big corporate houses by the governments alternatively,presently by UPA 2,earlier by the NDA and forthcoming new government will surely follow the tradition of selling gradually all public property to the private corporate houses,who are pumping funds to get a government elected according to their vested class interests.The UPA government did it at the central level and all scams prove this sale of national resources.BJP governments did it at state levels ,particularly in Karnataka and then in Gujarat also where Adani,Tata group and other corporate houses were 'fully' obliged by Narendra Modi government  in the same way as the UPA obliged a number of corporate houses at the central level.

There exists very thin line of distinction and demarcation between BJP and Congress party,as for as plundering of natural resources and offering them on platter to big corporate houses is concerned. Classical example of financial reciprocity indeed in 'true' spirit !