-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 Economic Times KOCHI: An extensive dry spell has affected the sowing of chilli, turmeric, cardamom and pepper. Rains have been weak this season in southern states, where the spices are mostly grown. Chilli acreage has fallen by over 40% in Andhra Pradesh and Karnataka, which account for a majority of the spice cultivated in the country. Chilli farmers are finding cotton a better option as it needs less moisture. Interestingly, most growers...

-The Hindu Auction alone cannot be insisted upon for disposal of all types of natural resources, Attorney General (AG) G.E. Vahanvati asserted in the Supreme Court on Thursday. Such an approach mandated in the 2G judgment, apart from being impractical in certain situations, can be counter-productive and can impact planned and coordinated growth and economy of the country, the AG told a five-judge Constitution Bench comprising Chief Justice S.H. Kapadia and Justices...

-The Hindu The CAG, after completing this month a detailed ‘internal appraisal’ of two of its most high-profile reports, has not just stood by its findings “regardless of media comments and the statements made by senior functionaries of the government,” but also substantiated them, citing additional crucial events. The internal assessment has been done on its reports on the 2G spectrum scam of November 2010 and Civil Aviation (Air India) of September...

-The Economic Times A rehabilitation proposal to address displaced population and sort out environmental issues at eight iron ore mines in Karnataka has been prepared and submitted to a Supreme Court panel, giving hope to steel companies that production in these mines, shuttered since last year, will resume soon.  According to norms, the rehabilitation proposal, typically called the Resettlement & Rehabilitation (R&R) plan, has to be approved by the apex court's Centrally...