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Home Dictionary Name: resourcesMaterial resources
Material resources, 'Material resources' is enshrined in art. 39(b) are wide enough to cover not only natural or physical resources but also movable or immovable properties. The mere fact that the resources are material will make no difference in the concept of the word 'resources'. Black's Law Dictionary defined the word recourses thus: Money or any property that can be converted to meet needs; means of raising money or supplies; capabilities of raising wealth or to supply necessary wants. The mere fact that the resources are material will make no difference in the concept of the word recourse. In Stroud's Judicial Dictionary (Vol. 3) at page, 1634, the word material is defined thus: Materials tools or implements, to be used by such artificer in this trade or occupation, if such artificer be employed in mining; wooden props or 'sprags' though neither 'tools or implements' were 'materials' within these words. 'Material' includes a painter's bucket of distemper and brush. In Webster's T...
Material resources of the community
Material resources of the community, The expression 'material resources of the community' does not mean that the ownership of the resource must already vest in the State. The distribution envisaged by Article 39 (b) necessarily takes within its stride the transformation of wealth from private ownership into public ownership by nationalisation. Hence the expression 'material resources of the community' is not confined to natural resources; it is not confined to resources owned by the public; it means and includes all resources, natural and man-made, public and private-owned, Sanjeev Coke Manufacturing Company v. M/s. Bharat Coking Coal Limited, AIR 1983 SC 239 (251): (1983) 1 SCC 147: (1983) 1 SCR 1000. [Constitution of India, Art. 39 (b)]The expression 'material resources of the community' would cover the lands held by private owners also, State of Maharashtra v. Basanti Bai Mohanlal Khetan, AIR 1986 SC 1466: (1986) 2 SCC 516: (1986) 1 SCR 707....
Resources
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....
Biological resources
Biological resources, 'biological resources' means plants, animals and micro-organisms or parts thereof, their genetic material and by-products (excluding Value Added Products) with actual or potential use or value, but does not include human genetic material. [Biological Diversity Act, 2002 (18 of 2003), s. 2(c)]...
Resourceful
Full of resources...
Computer resource
Computer resource, means computer, computer system, computer network, data, computer data base or software. [Information Technology Act, 2000 (21 of 2000), s. 2 (1) (k)]...
fund
fund 1 : a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund : a fund established by each state to compensate clients for losses suffered due to their attorneys' misappropriation of funds common trust fund : an in-house trust fund established by a bank trust department to pool the assets of many small trusts for greater diversification in investing executor fund : a fund established in estate planning to provide for the payment of final expenses by an executor joint wel·fare fund : a fund that is established by collective bargaining to provide health and welfare benefits to employees and that is jointly administered by representatives of labor and management paid-in fund : a reserve cash fund in lieu of a capital stock account set up by mutual insurance companies to cover unforeseen losses sink·ing fund : a fund set up and accumulated by regular deposits for paying off the principal on a debt...
Capacity building
Capacity building, includes (i) identification of existing resources and resources to be acquired or created, (ii) acquiring or creating resources identified, (iii) organisation and training of personnel and co-ordination of such training for effective management of disasters, Disaster Management Act, 2005, s. 2(b)....
deep pocket
deep pocket 1 : a person or organization having substantial financial resources esp. for the purpose of paying damages 2 pl : substantial financial resources ...
depletion
depletion : the reduction of the value of the assets of a company engaged in removing natural resources (as by mining) because of the decrease over time of the natural resources (as coal) available in or on the land being worked ...
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