-The Hindu CAG’s concept of presumptive loss flawed: Chidambaram Upset at the “unreasonable” disruption of Parliament by the BJP on the issue of allocation of coal blocks and the CAG report, the government went on the offensive on Friday, terming totally flawed the Comptroller and Auditor-General’s concept of presumptive loss and maintaining that no loss took place because the coal was still unexploited. “The policy for allocation of coal blocks has been the...

-PTI The government has decided to put on hold allocation of mines having minerals other than coal in view of the Mines and Minerals Bill pending before Parliament. The Prime Minister's Office (PMO) sent a directive in this regard to the Mines Ministry about two months back, sources said here today. The Mines Ministry was advised that since the Mines and Minerals (Regulation and Development) Bill 2011 had not been passed by Parliament...

-The Indian Express While the BJP disrupted the functioning of Parliament for the second consecutive day on Wednesday demanding Prime Minister Manmohan Singh’s resignation for alleged failure to go for auctioning of coal blocks, at least four states that were ruled by the Opposition at the time had raised the red flag when the Centre proposed the competitive bidding route in 2005. The Centre had cited the lack of “transparency and objectivity”...

-The Economic Times The government is ready to give up its monopoly over coal mining to meet the requirements of the economy, if BJP supports a long-pending legislation to amend the Coal Mine Nationalisation Act (CMNA). "We are ready to take up the bill and open up the coal sector to increase production. This is the only way forward and there is a consensus within the government on this. Once BJP comes...

-The Hindu Even as UPA-II and the Opposition are bracing themselves for confrontation in and outside Parliament over coal blocks allocations during 2004-09, the Prime Minister’s Office and the Coal Ministry are ready with their defence: the policy imperative was to augment production by supplementing Coal India’s efforts with private participation within the parameters of law. According to documents available with The Hindu , the arguments, which the government hopes to present...