-The Times of India More than five months after the CBI began investigating Coalgate, the agency is yet to receive hundreds of files from the coal ministry as it probes charges of criminality in allocation of coal blocks to private players. Although CBI has been sifting through an enormous mass of information regarding Coal Block Allocations that the CAG has said caused a loss of Rs 1.86 lakh crore to the government,...
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300 firms under scanner as CBI widens coalgate probe-Sujay Mehdudia
-The Hindu The CBI, expanding its coalgate probe, has launched investigations against 300-odd companies and begun questioning officials of the Steel, Coal and Power departments, the Department of Industrial Policy and Promotion, the Central Mine Planning and Design Institute Limited and the state-run Coal India Limited on allocation of coal blocks between 1993 and 2008. The CBI has laid hands on nearly 700 files from the Coal Ministry, running into 1,60,000 pages,...
More »Centre has sole right to allocate major minerals: Coal Ministry-Samanwaya Rautray & Meera Mohanty
-The Economic Times The coal ministry, in an affidavit to the Supreme Court, has said that it has the sole legal right to allocate coal blocks even as the state governments own the blocks and eventually grant the mining leases. In response to the query of the apex court, which questioned the ministry's authority in this regard, the coal ministry said that though there was no express statutory provision, a combined reading...
More »Centre rubbishes CAG report on coal scam in SC -Dhananjay Mahapatra
-The Times of India The Centre on Tuesday rubbished the charges made in the CAG report-based petitions alleging huge scam in Coal Block Allocations and said it had put in place four sets of regulatory mechanism which had functioned well to monitor and take corrective measures. Responding to six questions the court had asked on a PIL filed by M L Sharma who had sought quashing of all 194 blocks of coal,...
More »The death of the reporter -Sandeep Bhushan
-The Hindu In the television newsroom, the promoter’s fancies and political preferences have taken precedence over editorial judgement The Zee “extortion” case in which the news network is alleged to have demanded Rs.100 crore in return for rolling back its campaign against steel tycoon Navin Jindal’s “misdemeanours” in Coal Block Allocations (for the family owned Jindal Steel & Power Limited or JSPL), is a deeply layered story that deserves a closer look...
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