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@lakeland27 wrote:

this is a good case for state ownership, the sale of public assetts seems to corrupt politicians of both colours (apart from green of course)

as it brings them into contact with the business world which is always corrupt.

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I agree...the possibility of independent State by State regulations (or lack of) on some things (ie;environmenl protection )worry me though .

GVK seeks Rs. 180-crore refund for surrender of gas blocks

The company may also take a legal recourse if the government does not heed to the claim, the official said.

"There is a minimum work program (with regards to development of these blocks). The expenditure associated with this program was Rs.180 crore. We will fight for it," GVK Group CFO Issac George told reporters on the sidelines of India Aviation-2014 in Hyderabad.

"Because it is not my mistake. When you (the Government) have given me the blocks, it should be unencumbered also. All of a sudden the Defence Ministry does not allow me to enter into this area... It's not my job," he said.

"We will have to file a civil suit if the Government does not agree in whatever we ask. We are talking to them... dialogue has to continue. I am sure that with dialogue we will solve this problem."

http://profit.ndtv.com/news/corporates/article-gvk-seeks-rs-180-crore-refund-for-surrender-of-gas-bl...

Here's to the cost of Trade Agreements  without removal of our  tape ...

Hot off the press ..The Australian Securities and Investment Commission will no longer regulate trade in basic water rights.