-The Hindustan Times More than 50 of the 60 coal blocks being reviewed by an inter-ministerial group (IMG) for inordinate delays face the risk of de-allocation if the projects are unlikely to kick off before 2013. This includes the possible cancellation of mining rights of seven captive coal blocks given to private companies during the BJP-led NDA’s rule between 1999 and 2004, top sources told HT. The IMG, headed by additional secretary...
More »SEARCH RESULT
Total Matching Records found : 1875
Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee
-Outlook Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts: * Should the government allow the private sector into coal mining? There is plenty of coal for everyone. We are, at the...
More »Govt panel seeks scrapping of 60 private coal blocks -Sanjay Dutta
-The Times of India The government may be standing firm against scrapping coal block allotments to private companies but a high-level official panel for monitoring progress in these mines is pitching for largescale de-allocation to "defuse the current crisis" over Coalgate. "Out of the 90 coal blocks allocated to private players since 1993, 60 coal blocks with 6.7 billion tonnes (estimated reserves) valued at nearly Rs 2 lakh crore can be cancelled...
More »Private health care no panacea -Aarti Dhar
-The Hindu India ranks among the lowest in the world in public spending on health, but the private spending is one of the highest. The National Sample Survey Organisation’s report (2006) shows over 35 per cent of people who are hospitalised fall below the poverty line because of the expenses that follow, and over 40 per cent have to borrow or sell assets to pay for their care. Private sector provision...
More »Karat favours coal mining through public sector
-The Hindu ‘Competitive bidding would favour private players, give rise to monopolies’ Even as the controversy over the Comptroller and Auditor-General’s (CAG) report on coal blocks allocation that reportedly caused a loss of Rs. 1.86 lakh crore to the national exchequer rages, the Communist Party of India (Marxist) has said coal allocations and mining, in future, should be done through the public sector. In an article in party organ People’s Democracy, party general...
More »
