-The Times of India The Central Vigilance Commission has asked the CBI to examine a complaint about alleged losses suffered by the public exchequer in the allocation of coal blocks between 2006 and 2009, in what can potentially be fodder for civil society as well as the opposition seeking to attack the government over Coalgate. Although the complaint of BJP MPs Prakash Javadekar and Hansraj Ahir was forwarded by the CVC to...
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GoM gives green signal to Chhatrasal, Mahan coal blocks
-The Economic Times The government has removed roadblocks to coal Mining by leading business houses and taken the first step to relax scrutiny of corporate expenditure on oil and gas fields, in a burst of action that has cheered investors and industrialists in the languishing energy sector. A group of ministers recommended to the cabinet on Wednesday that Reliance Power's Chhatrasal block, which is attached to the 4,000 mw Sasan Ultra Mega...
More »Showcause glare on Saranda pilferage-ASRP Mukesh
A commission set up to investigate the scourge of rampant illegal Mining has slapped a showcause notice on the Jharkhand government seeking an explanation on how four firms were allowed to extract iron ore far in excess of stipulated limits in the Saranda region between 2008 and 2010. In a letter dated April 30, 2012, the commission headed by retired judge M.B. Shah has given the state mines and geology department...
More »With slowing growth, people are now questioning the long-term Indian story
-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...
More »Opinion on PM Manmohan Singh divides Team Anna
-The Hindustan Times Prominent Team Anna member Justice Santosh Hegde blew hot and cold over the chargesheet prepared by his colleagues against Prime Minister Manmohan Singh and 14 other cabinet ministers — accusing them of corruption. Though Justice Hegde expressed unhappiness over his colleagues in Team Anna using strong language against the Prime Minister and some other ministers, hours later, he appeared to have toned down his objections. “I am a member of...
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