-The Indian Express A coal mine worker in Jharkhand and an expert on the coal industry called to protest against what he called was the noora kushti (shadowboxing) going on in Delhi. The power of the coal players was earlier seen in Jharkhand politics, he said, but now we see it in Delhi. Our players are small, yours are big and powerful. With the CBI itself unearthing prima facie evidence of...
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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak
-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way. Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....
More »Government may cancel 80% of controversial coal permits
-The Hindustan Times More than 50 of the 60 coal blocks being reviewed by an inter-ministerial group (IMG) for inordinate delays face the risk of de-allocation if the projects are unlikely to kick off before 2013. This includes the possible cancellation of mining rights of seven captive coal blocks given to private companies during the BJP-led NDA’s rule between 1999 and 2004, top sources told HT. The IMG, headed by additional secretary...
More »Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee
-Outlook Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts: * Should the government allow the private sector into coal mining? There is plenty of coal for everyone. We are, at the...
More »Govt panel seeks scrapping of 60 private coal blocks -Sanjay Dutta
-The Times of India The government may be standing firm against scrapping coal block allotments to private companies but a high-level official panel for monitoring progress in these mines is pitching for largescale de-allocation to "defuse the current crisis" over Coalgate. "Out of the 90 coal blocks allocated to private players since 1993, 60 coal blocks with 6.7 billion tonnes (estimated reserves) valued at nearly Rs 2 lakh crore can be cancelled...
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