How per Citizen of India can get Rs200-400 every m

How per Citizen of India can get Rs200-400 every month

The second EN I 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.

This way, without any tax on rich, the income of the poor will increase. This law is capable of creating income of about Rs 300 to Rs 500 per person per month, and will also create an additional budget of Rs 150,000 for the Military. Every legal detail of the EN is given on our website www.rahulmehta.com
How much is land rent

The Govt of India, Central and States, have 10000s of plots with huge marker value. Here is a small example
Plot Name Area Sq meter Price Plot's market value
Management Ahmedabad 100 acres Rs 40,000 Rs 1,400 crores
Management Lukhnow 200 acres Rs 20,000 Rs 1,600 crores
Management Noida 10 acres Rs 50,000 Rs 200 crores
Management Kolkata 135 acres Rs 20,000 Rs 1,000 crores
Management Indore 190 acres Rs 15,000 Rs 500 crores
JNU 1000 acres Rs 40,000 Rs 16,000 crores
Vidyapeeth 25 acres Rs 40,000 Rs 400 crores
Gujarat Univ 250 acres Rs 35,000 Rs 3,500 crores
Ahmedabad Airport 1850 acres Rs 40,000 Rs 29,600 crores
Mumbai Airport 1100 acres Rs 100,000 Rs 44,600 crores
Delhi Airport 5000 acres Rs 100,000 Rs 200,000 crores
Banglr. Airport (new) 4050 acres Rs 10,000 Rs 32,400 crores
Banglr. Airport (old) 1000 acres Rs 100,000 Rs 40,000 crores
Calcutta Airport 1500 acres Rs 30,000 Rs 18,000 crores
Chennai Airport 4800 acres Rs 40,000 Rs 76,800 crores
TOTAL Rs 470,080 crores

Rent of these plots at 3% of market value of plot = Rs 470,080 cr * 3/100 = Rs 14,100 cr year = Rs 120 per citizen per year. The Govt has about 50000 plots by one estimate. Even if rent from each plot is as small as Rs 0.10 per person per year on an average, the rent exceeds Rs 5000 per person per year. And estimate based on Jun-2008 prices for mineral royalty is : (For details, please see the manifesto given at link below) is : Crude oil : Rs 875 per citizen per year, Iron Ore : Rs 730 per citizen per year
Rahul Mehta
IIT Delhi MS Computer Science(USA)
President of Right to Recal Group
www.rahulmehta.com