Natural resources policy should be in public interest: Centre
SME News, Friday, Oct 12, 2012 11:57:36 AM IST
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NEW DELHI: Agreeing that auction is not the only way to sanction natural resources, Minister of State for personnel V Narayanasamy stated that Centre enjoys every right to take decision on the policy in accordance with common man's interest.
The Minister said, "Elected government has to decide the policy. They should see the welfare of the people. We should not have the same policy for everybody for everything. The policy government decides in the interest of the people, the public interest, the common man's interest. While implementing the policy, if someone commits blunder, punish but not the whole system. The government has got every right to decide.”
India requires iron, cement and steel for infrastructure development and if iron ore is auctioned, the requirements won't be met due to the high prices.
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