-PTI In the wake of controversies shrouding coal mines allocation, an inter-ministerial panel will decide next week the fate of 58 blocks which the private companies and PSUs failed to develop within allowed time. The government has already issued de-allocation notices to 35 government firms and 23 private companies which failed to develop the same allotted for captive use in the given time-frame. "An Inter-Ministerial Group, headed by Additional Secretary, Coal, Zohra Chatterji...
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CAG has no mandate to audit pvt firms: Cong
-The Hindustan Times The Congress on Thursday said the CAG had no mandate to audit the accounts of private companies and sought to debunk the argument that the government should have opted for the auction route. The party also asked the CAG to respond to the debate triggered by its findings about its methodology and working style. Quoting a Supreme Court order in April this year, Congress spokesman Manish Tewari said the...
More »‘Opposition-ruled States opposed competitive bidding’
-The Hindu “I seek the indulgence of the House… 3. …I want to assure Hon’ble Members that as the Minister in charge [for a part of the time covered by the report], I take full responsibility for the decisions of the Ministry. I wish to say that any allegations of impropriety are without basis and unsupported by the facts. 10. The observations of the CAG are clearly disputable. 11. The policy of allocation of...
More »Defending the indefensible -Arun Jaitley
-The Hindu The parliamentary stalemate continues on one of the greatest corruption scandals in Indian history. Allocation of natural resources has been a subject matter of public debate in the last two decades, particularly with the entry of the private sector in infrastructure development. Minerals are an important natural resource. The private sector has a great role to play in development of mineral-based industries. However, the policy of allocation of these...
More »Political expedience should not override norms of democracy
-The Economic Times The disruption of Parliament over coal raises four issues. The first is the BJP not allowing a debate to take place on the so-called coal scam. The second is the machinations in coal and the Comptroller and Auditor General's estimate of loss and gain. The third is the CAG suggesting that the government should have overridden the objections of state governments to the Centre's proposal to hold auctions for...
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