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Definition :

Resources, 'resources' is a sweeping expression. Material resources of the community in the context of re-ordering the national economy embraces all the national wealth, not merely natural resources, all the private and public sources of meeting material needs, not merely public possessions. Every thing of value or use in the material world is material resource and the individual being a member of the community his resources are part of those of the community, State of Karnataka v. Shri Ranganatha Reddy, AIR 1978 SC 215 (250): (1977) 4 SCC 471: (1978) 1 SCR 647.

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