-The Indian Express The coal ministry is likely to tell the Supreme Court that allocations made through the screening committee route were "unimpeachable and unquestionable". A day after the Supreme Court rapped the government saying all coal blocks allocated during 2006-09 can be summarily de-allocated if breach of procedures in the defined allocation process is established, coal ministry officials are sure they can defend the policy. They aim to include the comments of...
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Brinda demands independent probe-Sarabjit Pandher
-The Hindu Communist Party of India (Marxist) Polit Bureau member Brinda Karat on Wednesday demanded an independent inquiry into the Comptroller and Auditor General (CAG) report, which has pointed out serious lapses and wrongdoings in the Rs. 52,000-crore farm debt waiver scheme. Ms. Karat was talking to journalists at the party office here, before resuming her programme of “Sangharsh Sandesh Jatha,” which began from Jallianwala Bagh in Amritsar on March 4. She said...
More »CAG questions costing of 350-acre Gurgaon land sold to DLF -Navneet Sharma
-The Hindustan Times In what seems set to provide fresh ammo to its political rivals, the comptroller and auditor general (CAG) is learnt to have raised questions about the valuation of 350 acres given by the Haryana government to realty major DLF Limited in Gurgaon through competitive bidding for setting up a recreation-cum-leisure project. The CAG, which examined the procedures and the competitive bidding route taken by the Haryana State Industrial and...
More »Distressed Andhra Pradesh farmers selling organs to escape debt trap
-The Times of India Almost five years after the UPA government allocated the lion's share of its Rs 52,000 crore farm loan waiver scheme to Andhra Pradesh, reports are emerging from the state that distressed farmers are selling their organs to come out of the agricultural debt trap. Three states - Andhra Pradesh, UP and Maharashtra - had got almost 57% of the Rs 52,000 crore package meant for all 35 states...
More »RBI swings into action after CAG picks holes in farm debt relief scheme
-The Business Standard Asks banks to take immediate action against officials responsible for lapses A day after a Comptroller and Auditor General of India (CAG) report pointed out irregularities in the Rs 71,680-crore agricultural debt waiver and debt relief scheme of 2008, the Reserve Bank of India today swung into action. It asked lenders to verify all the accounts granted benefits under the scheme. RBI said administrative and accounting lapses on the part...
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