-PTI Government auditor CAG on Friday said private firms are likely to gain Rs 1.86 lakh crore from coal blocks that were allocated to them on nomination basis instead of competitive bidding, which amounted to the loss to national exchequer. The CAG in its report, tabled in Parliament, names 25 companies including Essar Power, Hindalco, Tata Steel, Tata Power and Jindal Steel and Power which have got the blocks in various states. "Delay...

-PTI Flaying post-bid concessions to Reliance Power, the CAG today said the Anil Ambani-led firm got undue benefit of Rs 29,033 crore when the government allowed use of surplus coal from blocks allotted to Sasan power plant for its other projects. CAG in its report tabled in Parliament said subsequent to award of the 4,000 MW Sasan ultra mega power project to RPL, the government granted permission to the company to utilise...

-The Times of India   The Supreme Court on Tuesday agreed that the government had reasons to doubt its verdict laying down auction as the only way of allocating natural resources, in what is seen as an indication of a significant judicial rethink.  "On cancellation of spectrum licences allotted without following a transparent system, there is no doubt about its correctness. But if one reads the judgment to mean that auction must be...

-The Hindu Most people remain at the mercy of a venal administration that, encouraged by the absence of an independent watchdog, exploits them relentlessly   The state of affairs in the country is characterised by rampant corruption at all levels leading to a breakdown in the rule of law and lack of accountability all around. One can say that there is a complete collapse of governance in the country. Something drastic needs to...

To take stock of the status of the implementation of the Right to Education (RTE) Act and to identify issues that need urgent attention, a convention was held by the RTE forum. AMBARISH RAI, national convenor, RTE Forum talks to Aaditi Isaac The deadline for the implementation of the RTE Act is fast approaching, where do we stand? This Act was made for 250 million children. After two years of the...