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The coal allocation mess

-Live Mint The report of the Comptroller and Auditor General (CAG) on the allotment of captive coal mines is a scathing narrative on the mis-governance and mismanagement of the country’s natural resources. As early as 2004, the government realized that the then prevailing system of allotment of mines was not transparent. An internal debate kicked off with the coal secretary pushing for a 28 June 2004 deadline for reforms in the...

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NREGS: Ramesh pulls up state-KN Reddy

-The Asian Age Stating that many serious irregularities have come to light in the implementation of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) in some districts of Karnataka , Union rural development minister Jairam Ramesh on Sunday took the Karnataka government to task for failing to take action. Speaking to media persons after visiting family toilets built under the Parishud Grama Yojana by Infosys Foundation at Gamvar village in Jewargi...

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Auditor triple whammy hits govt in Parliament

-The Indian Express Three new reports by the Comptroller and Auditor General (CAG) of India increased the heat on the embattled government on Friday. The statutory auditor’s report on coal block allocations, implementation of public-private partnership at the Delhi International Airport and the award of ultra mega power projects (UMPP), tabled in Parliament, accused the government of indulging in favouritism, irregularities in bidding processes, and causing massive losses to the exchequer. The...

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4,800 acre government land leased to DIAL at Rs 100 per annum

-The Times of India The Comptroller and Auditor General of India has questioned giving Indira Gandhi International Airport land totaling 4,800 acres to Delhi International Airport Pvt Ltd (DIAL) — the government's joint venture with the Hyderabad-based GMR Group — on a lease rent of Rs 100 per annum, apart from a one-time fee of Rs 6.19 crore for 190.19 acres. Of this land, 240 acres worth Rs 24,000 crore would...

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CAG estimates: Our likely loss Rs. 38,00,00,00,00,000

-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...

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