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Scrap coal blocks, CAG likely to say -Pradeep Thakur

-The Times of India The Comptroller and Auditor General is likely to make a strong pitch for scrapping all the controversial allocations of coal mines during its presentation to Parliament's Public Accounts Committee. Sources said the auditor looks set to cite total lack of transparency in the recommendations made by the screening committee for allocation of coal blocks worth thousands of crores. In its presentation to the PAC likely next week, the...

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‘Opposition-ruled States opposed competitive bidding’

-The Hindu “I seek the indulgence of the House… 3. …I want to assure Hon’ble Members that as the Minister in charge [for a part of the time covered by the report], I take full responsibility for the decisions of the Ministry. I wish to say that any allegations of impropriety are without basis and unsupported by the facts. 10. The observations of the CAG are clearly disputable. 11. The policy of allocation of...

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Defending the indefensible -Arun Jaitley

-The Hindu The parliamentary stalemate continues on one of the greatest corruption scandals in Indian history. Allocation of natural resources has been a subject matter of public debate in the last two decades, particularly with the entry of the private sector in infrastructure development. Minerals are an important natural resource. The private sector has a great role to play in development of mineral-based industries. However, the policy of allocation of these...

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CAG report flawed, disputable: PM -Vinay Kumar

-The Hindu "Charges of impropriety are unsupported by facts" Prime Minister Manmohan Singh on Monday attacked the Comptroller and Auditor-General’s report on the coal blocks allocation during 2004-09, saying any allegation of impropriety was without basis and unsupported by facts. As Parliament has been paralysed during the past week with an unrelenting and combative Bharatiya Janata Party disrupting proceedings in both Houses and demanding his resignation, Dr. Singh chose to make a statement...

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Government ready to take up bill to amend Coal Mine Nationalisation Act: Coal Minister Sri Prakash Jaiswal-Rohini Singh & Soma Banerjee

-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...

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