-The Economic Times The disruption of Parliament over coal raises four issues. The first is the BJP not allowing a debate to take place on the so-called coal scam. The second is the machinations in coal and the Comptroller and Auditor General's estimate of loss and gain. The third is the CAG suggesting that the government should have overridden the objections of state governments to the Centre's proposal to hold auctions for...
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Cloud on Nayachar project
-The Telegraph The Union environment ministry has raised concerns over the proposed power plant on Nayachar island, casting a cloud on the Rs 8,600-crore investment proposal by NRI businessman Prasoon Mukherjee. At a meeting earlier this month with Bengal government officials, an expert appraisal committee under the central ministry asked the state to come up with a revised environment protection plan. Handing over a 100-page dossier prepared by a group of professionals, chaired...
More »Now, government sees ‘zero loss’ in coal too -Sujay Mehdudia
-The Hindu CAG’s concept of presumptive loss flawed: Chidambaram Upset at the “unreasonable” disruption of Parliament by the BJP on the issue of allocation of coal blocks and the CAG report, the government went on the offensive on Friday, terming totally flawed the Comptroller and Auditor-General’s concept of presumptive loss and maintaining that no loss took place because the coal was still unexploited. “The policy for allocation of coal blocks has been the...
More »Allocation of mines put on hold in view of pending legislation
-PTI The government has decided to put on hold allocation of mines having minerals other than coal in view of the Mines and Minerals Bill pending before Parliament. The Prime Minister's Office (PMO) sent a directive in this regard to the Mines Ministry about two months back, sources said here today. The Mines Ministry was advised that since the Mines and Minerals (Regulation and Development) Bill 2011 had not been passed by Parliament...
More »Auction of coal blocks will hit industry, Oppn said in 2005 -DK Singh
-The Indian Express While the BJP disrupted the functioning of Parliament for the second consecutive day on Wednesday demanding Prime Minister Manmohan Singh’s resignation for alleged failure to go for auctioning of coal blocks, at least four states that were ruled by the Opposition at the time had raised the red flag when the Centre proposed the competitive bidding route in 2005. The Centre had cited the lack of “transparency and objectivity”...
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