The CAG report, leaked to the press in March as a draft and tabled in Parliament in August, is a. Government auditor CAG on Friday said private firms are likely to gain Rs lakh crore from coal blocks that were allocated to them on. Overview. Coal is the most important indigenous source of energy for Indian economy with a geological reserve of 2,85, million tonne and.

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Supreme Court of India. July 21, India portal Politics ln. UPA government ‘arrogant, despotic’: Retrieved from ” https: Archived from the original on 14 September I’m Overwhelmed with All the Love Facebook in One of these blocks was awarded to Jindal.

The three reports were tabled in Parliament for discussion last week.

Report on ‘coal scam’ misleading: CAG – The Hindu

Samaria two years in prison for their involvement in the Coal Scam. Close on the heels of tabling of three CAG reports, BJP on Friday demanded resignation of the government alleging that scams in caf coal, power and airport sectors had exposed the “loot and plunder” of the country. Tell us what you didn’t like in the comments. Accusations ranged from malicious means for securing allocation, overstating net worth, non-disclosure of prior allocation and hoarding rather than the development of allocated resources.

Parliament’s Public Accounts Committee on Thursday decided to examine the four acg reports of the CAGincluding the one on coal block allocation, which are critical of the government. The neutrality of this article is ecam. Counsel Prashant Bhushan said there were efforts to shield PM. Talking about the to be de-allocated Ramchandi promotional block, he said JSPL’s application for prospecting licence is pending with Odisha government for more than three years and the state government has not yet “executed PL on one pretext or the other in spite of a number of reminders.


The company said it has invested over Rs.

Archived from the original on 16 September Cg help improve it or discuss these issues on the talk page. Jindal Steel and Power. Countdown To Elections Results. The beneficiaries include some private companies, as well as some public sector units, in industries such as power, steel and cement.

A report of the parliamentary standing committee said that the allocation of blocks between eeport had been unauthorised.

A day after the Fag Court verdict on the Rafale deal, Public Accounts Committee chairman Mallikarjun Kharge said Saturday he will request all members of the panel to summon the Attorney General and the CAG to ask them when was the public auditor’s report tabled in Parliament. Kropha and former director of Coal Ministry K. Retrieved 6 March At the end of Junecoal ministry decided to form an Inter-Ministerial Group IMGto decide on either de-allocation or forfeiting the Bank Guarantees BG of the companies that did not develop allotted coal blocks.

The CAG is at it again.

What is coal scam?

CAG says bidding process was vitiated by rreport Reliance Power to use excess coal from three blocks allocated to Sasan project. Now share the story Too bad. It the spokesperson said that grant of EC is in the “final stage” and the company is hopeful that it will be cleared by EAC in their “forthcoming meeting” to be held later this month.

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He requested court to appoint a retired judge and police officer of impeccable integrity to overlook the investigation. Cosl initial audit report estimating Rs This according to the administrative Ministry has been questioned from time to time for legal sanction. Ducking CAG bouncers 31 Aug But the government chose to take another route and avoided competitive bidding, the CAG report said. As per the IMG’s recommendations steel maker SAIL is among the five companies to lose bank guarantees for delay in developing allotted blocks.


Later, in a letter to Prime Minister Manmohan Singh, the CAG said the details brought out in the daily were observations which were under discussion at a very preliminary stage.

Report on ‘coal scam’ misleading: CAG

The Mine Plan approval letter is reoprt for issuance with Ministry of Coal for more scamm six months,” the company said. UPA partner Rashtriya Janata Dal ‘s leader Premchand Gupta’s sons’ company, new in the steel business applied for a coal block when Premchand Gupta was the Union minister for corporate affairs and secured it about a month after his tenure ended along with that of his government.

During the presentation, a number of companies pointed to the continued unending caol in land acquisition, getting environmental clearances and regulatory hurdles for delays in development of the mines.

Surgical Strikes At LoC: The much-touted e-auctions of coal blocks by the Modi government was reviewed by the Comptroller and Auditor General CAG and a report submitted late last month to be tabled in the ongoing session of Parliament.