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All coal blocks awarded after 1993 illegal: Panel Task force on coal beneficiation to submit its report soon -Sanjay Dutta & Mohua Chatterjee

-The Times of India All coal blocks distributed between 1993 and 2008 were done in an unauthorized manner and allotment of all mines where production is yet to start should be cancelled, the Standing Committee on Coal and Steel has said in its latest report that is slated to be tabled in Parliament on Tuesday. The committee, headed by Trinamool Congress MP Kalyan Banerjee, has also recommended that all "personnel" who have...

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Proactive for Ambani, but UPA sleeping over CAG recommendations-Sujay Mehdudia

-The Hindu The UPA government has been proactive in responding to demands by Reliance Industries Limited (RIL) for a raise in natural gas prices, but has shown little urgency in implementing the Comptroller and Auditor General's (CAGs) recommendations made in 2009 on the audit of oil and gas contractors such as RIL. The CAG recommendation would have facilitated the intense scrutiny of the prices and profits made by the contractors. The Petroleum Ministry's...

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34886 works under MGNREGA incomplete since 2007: CAG-Arun Singh

-Rising Kashmir Jammu, Apr 14: Despite liberal funding from Government of India for its popular scheme of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), state government has failed to complete 34886 works since its inception from 2007. Comptroller and Auditor General (CAG) of India in its report of 2011-12 found that the number of works taken up for execution each year had been very high and the number of incomplete works...

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Odisha Govt Extended Undue Benefits to Posco: CAG

-Outlook Bhubaneswar: The Comptroller and Auditor General (CAG) has found Odisha Government of extending undue benefits to South Korean steel major Posco in allotment of a piece of land in the state capital here. "The company was extended undue benefit in allotment of land disregarding zonal regulation and charging of premium at a reduced rate," the CAG in its latest report tabled in the Assembly yesterday said. The CAG observation was made based...

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CAG indicts Narendra Modi govt for "undue" favours to corporates

-PTI GANDHINAGAR: The Comptroller and Auditor General of India (CAG) has come down heavily on the Gujarat government and state Public Sector Undertakings for causing a loss of nearly Rs 580 crore to the exchequer by bestowing "undue" favours to large corporate entities. The major industrial houses to whom the Narendra Modi government played the benefactor included Reliance Industries Ltd (RIL), Essar Steel and Adani Power Ltd (APL), the report for year...

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