-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...
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A misdirected audit
-The Indian Express When the Delhi Development Authority had the sole right to build houses in the capital, it was unable to meet the demand from an expanding population. If private builders stepped in to build where the DDA was not doing so, is it a fair calculation to say that the profit they could make was a loss to the government exchequer? The CAG’s estimate of loss to the government...
More »Are man-made factors behind erratic monsoon?-N Gopal Raj
-The Hindu For the fourth time in the past 11 years, India is heading for a ‘meteorological’ drought India is heading for a drought, in meteorological terms, for the fourth time in the past 11 years. The previous droughts during this period were in 2002, 2004 and 2009. A meteorological drought, in the sense that atmospheric scientists typically use the term, occurs when a monsoon ends with nationwide rainfall during the season falling...
More »Black Monday: A disaster just waiting to happen-Sanjay Dutta
-The Times of India Monday's blackout in nine northern states following a grid collapse was a disaster waiting to happen. With most states in the region facing perennial shortages of power, they are prone to drawing more than their share from the grid, leaving it precariously poised. Uttar Pradesh, Punjab, Haryana and Rajasthan are notorious among load despatchers for their wanton disregard of planned drawal. All are agricultural states and also house...
More »Major power failure in north India, Delhi Metro services hit
-The Times of India There has been a major power failure in north India since late Sunday night affecting at least six states. The states affected include Delhi, Punjab, Haryana, UP, Himachal Pradesh and Rajasthan. "Yes there are problems with Northern Grid, we are trying to restore it", said SK Soonee, CEO of Power System Operating Co (PSOC). PSOC manages the Northern Power Grid. Officials sources said while the exact reasons for the grid...
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