-The Hindustan Times Indian taxpayers may have lost as much as Rs. 3.8 lakh crore in scams in the power, aviation and coal sectors over the past eight years, the country's state auditor said in Reports tabled before Parliament. The Comptroller and Auditor General charged the government with allotting coalfields and land for power projects and Delhi’s airport to private firms at a fraction of the market price, bringing the corruption issue...

-The Hindu Amid Reports that Maoists are against according bamboo rights to Adivasis in Gadchiroli, Union Rural Development Minister Jairam Ramesh has asked the Chief Ministers of six Naxal-hit States to emulate the success of Mendha Lekha village in that Maharashtra district. Mendha Lekha became the first village with Community Forest Rights (CFR) to be given transit passbooks to harvest and sell bamboo in April 2011. Since then other villages in Gadchiroli...

-The Times of India Pointing out that the government extended windfall gains of Rs 1.86 lakh crore to private players by distributing coal blocks without bidding over years, the CAG has said, "A part of this financial gain could have accrued to the national exchequer by operationalizing the decision taken years earlier to introduce competitive bidding for allocation of coal blocks. Therefore, audit is of strong opinion that there is a...

-PTI Parliament's Public Accounts Committee will soon decide on taking up the three CAG Reports on coal blocks, Delhi international airport and power projects tabled in Parliament today. "The time will be decided to take up the Reports shortly and future course of action will be decided as per rules," PAC chairman and BJP leader Murli Manohar Joshi said here. He said the committee will seek necessary documents from the various ministries. "...Witnesses...

-Yahoo.com The Comptroller and Auditor General on Friday tabled three Reports -- on power, coal and airports -- in Parliament, almost indicting the UPA government for allegedly 'causing' a loss of more than Rs 1.86 lakh crore to the exchequer. The report has also lambasted the government for favouring private companies who benefitted from such 'largesse', giving the opposition parties a lot of fodder to them to hit out at the government...