-The Hindu Real intent of auditor’s work is to end crony capitalism On a day Parliament was forced to shut down over Opposition calls for the resignation of Prime Minister Manmohan Singh in the wake of the Comptroller and Auditor General’s incriminating report on coal blocks allocation, the CAG itself held firm against increasingly ferocious attacks by the United Progressive Alliance. An official close to the CAG and the preparation of the controversial...
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Government ready for coalgate confrontation -Sujay Mehdudia
-The Hindu Even as UPA-II and the Opposition are bracing themselves for confrontation in and outside Parliament over coal blocks allocations during 2004-09, the Prime Minister’s Office and the Coal Ministry are ready with their defence: the policy imperative was to augment production by supplementing Coal India’s efforts with private participation within the parameters of law. According to documents available with The Hindu , the arguments, which the government hopes to present...
More »Loss figure not sacrosanct, we are open to debate: CAG-Pradeep Thakur
-The Times of India The estimate of Rs 1.86 lakh crore mentioned in the CAG report on Coalgate as "windfall gains" to private players who bagged coal mines allocated by the government without bidding is not sacrosanct, according to senior sources in the auditing agency. "We have never claimed that our estimate is not open to debate," sources said, adding that even the expression "windfall gains" was not that of the auditor....
More »It's free, but with some restrictions-Subimal Bhattacharjee
-The Hindustan Times In the last few days, digital technology — in the form of short messaging services (SMS) and multimedia messaging services (MMS) — has shaken the foundation of this diverse country. Thanks to the publication of hate content on the internet, there have been riot-like situations in many parts of the country. There were rumours of Muslim retaliation to the violence in Assam at the end of Ramzan, with threats...
More »Go beyond CAG: Shout less about notional losses, do more on genuine coal sector reform
-The Times of India Expectedly, CAG's reports on coal, power and Delhi airport have raised a storm. Yes, one takeaway is the need for transparency in resource disbursal and use, be it minerals or land. But if CAG - whose job is to keep accounts - habitually hypothesises about presumptive revenue loss owing ostensibly to absence of this or that policy in the past, where will it end? Its coal audit...
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