-The Hindu The Comptroller and Auditor-General’s report on the allocation of coal blocks, reviews how it took seven-and-half years to move the allocation procedure for captive coal blocks from a discretionary procedure to competitive bidding that was demonstrably transparent. It turns out that the process began within six weeks of UPA-I coming to power in 2004. Ironically, the amendment to the Mines and Minerals (Development and Regulation) (MMDR) Act rules for auction...

-The Hindustan Times Rapping the government for its failure to timely implement the competitive bidding mechanism for allocation of coal blocks, CAG on Friday said part of the Rs. 1.86 lakh crore loss could have been partially tapped had the procedure been put in place earlier. In its report, tabled in Parliament, CAG said 25 firms including Essar Power, Hindalco, Tata Steel, Tata Power and Jindal Steel and Power were benefited to...

-PTI Government auditor CAG on Friday said private firms are likely to gain Rs 1.86 lakh crore from coal blocks that were allocated to them on nomination basis instead of competitive bidding, which amounted to the loss to national exchequer. The CAG in its report, tabled in Parliament, names 25 companies including Essar Power, Hindalco, Tata Steel, Tata Power and Jindal Steel and Power which have got the blocks in various states. "Delay...

-Pratirodh Bureau Activists led by Narmada Bachao Andolan leader Medha Patkar have alleged that the much awaited Land Acquisition Bill was actually a "diluted version" of the Standing Committee's recommended bill.   The activists under belonging to various groups, including National Alliance of People’s Movements, National Forum of Forest people and Forest Workers, Kisan Sangharsh Samiti and Sangharsh claimed that the "positive" position taken by the Standing Committee had been diluted by the...

-The Indian Express The Reddy brothers’ iron grip on Bellary has come undone. Mining baron Gali Janardhana Reddy is already in jail. In the most severe blow to the family since his arrest, his younger brother Somasekhara Reddy has now been detained for questioning by Andhra Pradesh’s Anti-Corruption Bureau for allegedly bribing a CBI judge in Hyderabad to grant bail to Janardhana Reddy. Friday’s “catch” — it has not yet been declared...