-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...
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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 »Centre admits giving inaccurate information to Rajya Sabha on Auction advice -Dhananjay Mahapatra
-The Times of India In a major embarrassment, the Centre on Thursday admitted to have inaccurately informed the Rajya Sabha on August 9 that it had accepted Ashok Chawla Committee's recommendation to take the Auction route for allocation of natural resources. The government told the Supreme Court that the finance ministry was taking steps to correct the information given to Rajya Sabha on Chawla Committee recommendations, which were still under consideration and...
More »2G case: Supreme Court gives clean chit to Chidambaram -Dhananjay Mahapatra
-The Times of India The Supreme Court on Friday gave absolute clean chit to finance minister P Chidambaram in the 2G spectrum allocation scam. The apex court said that there was absolutely no evidence to link him to any conspiracy in the 2G spectrum scam. The SC said there is no evidence presented to infer that Chidambaram had a role in under pricing of spectrum. The apex court said mere meeting of Chidambaram with...
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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