Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Welcome folly: CAG&#039;s flawed &#039;coal scam&#039; report serves a purpose    </title>
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With its draft report alleging a coal scam, duly leaked to the media, the Comptroller and Auditor General (CAG) is making a habit of choosing sensation over sense. Its allegation of loss to the exchequer in allocation of..."/>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With its draft report alleging a coal scam, duly leaked to the media, the Comptroller and Auditor General (CAG) is making a habit of choosing sensation over sense. Its allegation of loss to the exchequer in allocation of 2G spectrum colours the public discourse on the subject, but was discarded by the CBI court in the telecom case as the basis for a formal charge.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Its assumption that the civil aviation ministry should have privileged ill-run Air India over the travel requirements of globalising Indians was transparently laughable. However, this time around, its coal report does serve to turn the spotlight on a mindlessly flawed policy that has been given the clothing of law: the Coal Mines (Nationalisation) Act, 1973, which restricts mining of coal to the public sector.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG's assumption that the government should have auctioned off coal blocks is logical. But that would violate the law. The CAG is free to fantasise on the riches auctions could have yielded. The government is constrained to act within the remit of the law, which was amended thrice, in 1976, in 1993 and 1996, to permit allocation of coal mines for private companies to produce iron and steel, power and cement but only for captive purposes.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With this ridiculous restriction in place, the only bidders in any open auction conducted by the government for coal blocks would be a clutch of public enterprises. The CAG errs on many counts: it is not its job to question policy; applying a fixed margin to coal extracted over decades makes no sense; using domestic lowgrade price as a benchmark, instead of the much higher global price, is arbitrary; expecting 90% of the reserves of every mine to be recoverable ignores historical experience.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Its biggest error is that it ignores the blackest crime in coal: allowing state monopoly to continue, leading to coal shortage and resultant power shortage in this country with nearly 100 billion tonnes of coal reserves.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For all its faults, the report should serve to focus public attention on the urgent need to abolish coal nationalisation and open up the sector to private enterprise in mining, beneficiation, trade and transport. That would be a welcome fallout of yet another flawed CAG report.</div><div style="text-align: justify"><br /></div>                                                           
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    <h1 class="cat-box-title">Welcome folly: CAG&#039;s flawed &#039;coal scam&#039; report serves a purpose</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With its draft report alleging a coal scam, duly leaked to the media, the Comptroller and Auditor General (CAG) is making a habit of choosing sensation over sense. Its allegation of loss to the exchequer in allocation of 2G spectrum colours the public discourse on the subject, but was discarded by the CBI court in the telecom case as the basis for a formal charge.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Its assumption that the civil aviation ministry should have privileged ill-run Air India over the travel requirements of globalising Indians was transparently laughable. However, this time around, its coal report does serve to turn the spotlight on a mindlessly flawed policy that has been given the clothing of law: the Coal Mines (Nationalisation) Act, 1973, which restricts mining of coal to the public sector.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG's assumption that the government should have auctioned off coal blocks is logical. But that would violate the law. The CAG is free to fantasise on the riches auctions could have yielded. The government is constrained to act within the remit of the law, which was amended thrice, in 1976, in 1993 and 1996, to permit allocation of coal mines for private companies to produce iron and steel, power and cement but only for captive purposes.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With this ridiculous restriction in place, the only bidders in any open auction conducted by the government for coal blocks would be a clutch of public enterprises. The CAG errs on many counts: it is not its job to question policy; applying a fixed margin to coal extracted over decades makes no sense; using domestic lowgrade price as a benchmark, instead of the much higher global price, is arbitrary; expecting 90% of the reserves of every mine to be recoverable ignores historical experience.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Its biggest error is that it ignores the blackest crime in coal: allowing state monopoly to continue, leading to coal shortage and resultant power shortage in this country with nearly 100 billion tonnes of coal reserves.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For all its faults, the report should serve to focus public attention on the urgent need to abolish coal nationalisation and open up the sector to private enterprise in mining, beneficiation, trade and transport. That would be a welcome fallout of yet another flawed CAG report.</div><div style="text-align: justify"><br /></div>                                                           
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    <h1 class="cat-box-title">Welcome folly: CAG&#039;s flawed &#039;coal scam&#039; report serves a purpose</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With its draft report alleging a coal scam, duly leaked to the media, the Comptroller and Auditor General (CAG) is making a habit of choosing sensation over sense. Its allegation of loss to the exchequer in allocation of 2G spectrum colours the public discourse on the subject, but was discarded by the CBI court in the telecom case as the basis for a formal charge.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Its assumption that the civil aviation ministry should have privileged ill-run Air India over the travel requirements of globalising Indians was transparently laughable. However, this time around, its coal report does serve to turn the spotlight on a mindlessly flawed policy that has been given the clothing of law: the Coal Mines (Nationalisation) Act, 1973, which restricts mining of coal to the public sector.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG's assumption that the government should have auctioned off coal blocks is logical. But that would violate the law. The CAG is free to fantasise on the riches auctions could have yielded. The government is constrained to act within the remit of the law, which was amended thrice, in 1976, in 1993 and 1996, to permit allocation of coal mines for private companies to produce iron and steel, power and cement but only for captive purposes.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With this ridiculous restriction in place, the only bidders in any open auction conducted by the government for coal blocks would be a clutch of public enterprises. The CAG errs on many counts: it is not its job to question policy; applying a fixed margin to coal extracted over decades makes no sense; using domestic lowgrade price as a benchmark, instead of the much higher global price, is arbitrary; expecting 90% of the reserves of every mine to be recoverable ignores historical experience.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Its biggest error is that it ignores the blackest crime in coal: allowing state monopoly to continue, leading to coal shortage and resultant power shortage in this country with nearly 100 billion tonnes of coal reserves.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For all its faults, the report should serve to focus public attention on the urgent need to abolish coal nationalisation and open up the sector to private enterprise in mining, beneficiation, trade and transport. That would be a welcome fallout of yet another flawed CAG report.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/opinion/editorial/welcome-folly-cags-flawed-coal-scam-report-serves-a-purpose/articleshow/12449238.cms" class="re" target="_blank">The Economic Times, 29 March, 2012, http://economictimes.indiatimes.com/opinion/editorial/welcome-folly-cags-flawed-coal-scam-report-serves-a-purpose/articleshow/12449238.cms</a><div class="clear"></div>
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Welcome folly: CAG's flawed 'coal scam' report serves a purpose

Published on Mar 29, 2012   Modified on Mar 29, 2012

-The Economic Times With its draft report alleging a coal scam, duly leaked to the media, the Comptroller and Auditor General (CAG) is making a habit of choosing sensation over sense. Its allegation of loss to the exchequer in allocation of 2G spectrum colours the public discourse on the subject, but was discarded by the CBI court in the telecom case as the basis for a formal charge.  Its assumption that the civil aviation ministry should have privileged ill-run Air India over the travel requirements of globalising Indians was transparently laughable. However, this time around, its coal report does serve to turn the spotlight on a mindlessly flawed policy that has been given the clothing of law: the Coal Mines (Nationalisation) Act, 1973, which restricts mining of coal to the public sector.  The CAG's assumption that the government should have auctioned off coal blocks is logical. But that would violate the law. The CAG is free to fantasise on the riches auctions could have yielded. The government is constrained to act within the remit of the law, which was amended thrice, in 1976, in 1993 and 1996, to permit allocation of coal mines for private companies to produce iron and steel, power and cement but only for captive purposes.  With this ridiculous restriction in place, the only bidders in any open auction conducted by the government for coal blocks would be a clutch of public enterprises. The CAG errs on many counts: it is not its job to question policy; applying a fixed margin to coal extracted over decades makes no sense; using domestic lowgrade price as a benchmark, instead of the much higher global price, is arbitrary; expecting 90% of the reserves of every mine to be recoverable ignores historical experience.  Its biggest error is that it ignores the blackest crime in coal: allowing state monopoly to continue, leading to coal shortage and resultant power shortage in this country with nearly 100 billion tonnes of coal reserves.  For all its faults, the report should serve to focus public attention on the urgent need to abolish coal nationalisation and open up the sector to private enterprise in mining, beneficiation, trade and transport. That would be a welcome fallout of yet another flawed CAG report.

The Economic Times, 29 March, 2012, http://economictimes.indiatimes.com/opinion/editorial/welcome-folly-cags-flawed-coal-scam-report-serves-a-purpose/articleshow/12449238.cms

Tagged with: Comptroller and Auditor-General CAG Mining transparency

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