-The Times of India The government may be standing firm against scrapping coal block allotments to private companies but a high-level official panel for monitoring progress in these mines is pitching for largescale de-allocation to "defuse the current crisis" over Coalgate. "Out of the 90 coal blocks allocated to private players since 1993, 60 coal blocks with 6.7 billion tonnes (estimated reserves) valued at nearly Rs 2 lakh crore can be cancelled...
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CAG has no mandate to audit pvt firms: Cong
-The Hindustan Times The Congress on Thursday said the CAG had no mandate to audit the accounts of private companies and sought to debunk the argument that the government should have opted for the auction route. The party also asked the CAG to respond to the debate triggered by its findings about its methodology and working style. Quoting a Supreme Court order in April this year, Congress spokesman Manish Tewari said the...
More »Panel to Decide Fate of 58 Coal Blocks
-PTI In the wake of controversies shrouding coal mines allocation, an inter-ministerial panel will decide next week the fate of 58 blocks which the private companies and PSUs failed to develop within allowed time. The government has already issued de-allocation notices to 35 government firms and 23 private companies which failed to develop the same allotted for captive use in the given time-frame. "An Inter-Ministerial Group, headed by Additional Secretary, Coal, Zohra Chatterji...
More »Karat favours coal mining through public sector
-The Hindu ‘Competitive bidding would favour private players, give rise to monopolies’ Even as the controversy over the Comptroller and Auditor-General’s (CAG) report on coal blocks allocation that reportedly caused a loss of Rs. 1.86 lakh crore to the national exchequer rages, the Communist Party of India (Marxist) has said coal allocations and mining, in future, should be done through the public sector. In an article in party organ People’s Democracy, party general...
More »Much more than a survival scheme -Aruna Roy & Nikhil Dey
-The Hindu An anthology of independent evaluations of MGNREGA shows that it has provided income security, improved health, narrowed the gender gap and created useful assets In the midst of the debates that prevail in this country over the feasibility of the world’s largest public works programme, the MGNREGA Sameeksha — an anthology of independent research studies and analysis on the Mahatma Gandhi National Rural Employment Guarantee Act, from 2006-2012 — is...
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