-PTI Sparks are likely to fly in the meetings of Parliament's Public Accounts Committee as it takes up the controversial CAG report on coal block allocations from Friday when the government auditor will brief the panel on the issue. Comptroller and Auditor General Vinod Rai and his team of officials will brief the PAC on the auditor's findings on coal block allocation on Friday. The issue had virtually washed out the entire Monsoon...

-The Hindu The CAG has a lot of explaining to do on the methods used to reduce the loss it estimated in its draft report Comptroller & Auditor General Vinod Rai, who has maintained a dignified silence despite being in the government’s line of fire for his controversial report on coal, now has no choice but to break his silence. On Thursday, he appears before the Public Accounts Committee (PAC) where he is...

-The Telegraph The Supreme Court today said it couldn’t be a coincidence that only politicians’ friends, relatives and associates were allotted coal blocks and asked the government to explain why it couldn’t implement a 2004 policy of bidding. “You (the Centre) may have a well-laid-out policy, but is it a coincidence that all the allottees are only politicians’ family, friends and associates?” a bench of Justices R.M. Lodha and Anil R. Dave...

-The Hindustan Times The coal ministry took away 40 blocks that had been allotted and "explored in detail" by Coal India Limited (CIL), a PSU, so they could be handed over to private parties, a CAG report has said. These 40 came from a chunk of 48 blocks de-reserved from CIL's kitty in May 2006. As of June 2011, of the 48 blocks , nine blocks remained unallocated, three were de-allocated after...

-The Times of India The inter-ministerial group (IMG) reviewing coal block allocations that have been questioned by the federal auditor for being allotted arbitrarily could not complete its proceedings and is expected to meet again on Friday. The IMG meeting could not complete its case-by-case assessment of 29 blocks allotted to private firms with the response of the private players being considered against the terms they are alleged to have violated. Sources said...