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Don’t undermine the auditor -Era Sezhiyan

-The Hindu When the draft provisions relating to the Comptroller and Auditor General were under consideration in the Constituent Assembly, Dr. B.R Ambedkar, Chairman of the Drafting Committee, said: “I am of the opinion that this dignitary or officer is probably the most important officer in the Constitution of India. He is the one man who is going to see that the expenses voted by Parliament are not exceeded, or varied from what has been...

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Jairam defies Cabinet colleagues on land bill -Subodh Ghildiyal

-The Times of India Rural development minister Jairam Ramesh said he would not dilute the compensation package and rehabilitation norms in the draft land acquisition bill, throwing a challenge at ministerial colleagues who last week dubbed it anti-industry to block its approval by the Cabinet. "This bill is part of the political agenda of Congress and we are a political party. These people should know we are in government, they are ministers...

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Jairam defies Cabinet colleagues on land bill -Subodh Ghildiyal

-The Times of India Rural development ministerJairam Ramesh said he would not dilute the compensation package and rehabilitation norms in the draft land acquisition bill, throwing a challenge at ministerial colleagues who last week dubbed it anti-industry to block its approval by the Cabinet. "This bill is part of the political agenda ofCongress and we are a political party. These people should know we are in government, they are ministers because...

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Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee

-Outlook Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts: * Should the government allow the private sector into coal mining? There is plenty of coal for everyone. We are, at the...

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Firms cashed in on coal blocks by selling stakes before mining -Gaurav Choudhury and Rajesh Ahuja

-The Hindustan Times The coal-block allocation scandal is increasingly looking like a sequel to the 2G spectrum scam as far as the behaviour of the companies involved is concerned. As was with the telecom scam, many of the “coalgate” companies that cornered the government-allocated resource — like the spectrum — have used it to raise money from the market at hefty valuations. Promoters of more than 10 companies are believed to have...

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