-The Economic Times The government has removed roadblocks to coal mining by leading business houses and taken the first step to relax scrutiny of corporate expenditure on oil and gas fields, in a burst of action that has cheered investors and industrialists in the languishing energy sector. A group of ministers recommended to the cabinet on Wednesday that Reliance Power's Chhatrasal block, which is attached to the 4,000 mw Sasan Ultra Mega...
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Will quit if coalgate charges against me are proved: PM Manmohan Singh-Sachin Parashar
ON BOARD PM'S AIRCRAFT: An emotional Prime Minister Manmohan Singh on Tuesday hit back at Team Anna's allegation of corruption against him in coal block allotments, saying he would give up public life if charges levelled by the activists were proved. "I will give up my public life even if there is an iota of truth in allegations levelled against me, and the country can give me my punishment. My long...
More »Private firms got undue benefits of Rs 1.8L cr in 'Coalgate': CAG-Sanjay Dutta & Pradeep Thakur
The Comptroller and Auditor General's final report on allocation of coal blocks between 2004 and 2009 without auction is expected to peg the value of "undue benefits" that the government extended to private entities alone at more than Rs 1.8 lakh crore, sources have indicated. The last draft of the report, first reported by TOI on March 22, had said the government extended undue benefits of Rs 10.67 lakh crore by...
More »NRHM scam: Note ‘implicates’ Mayawati
-The Times of India Fingers are now being pointed at former chief minister Mayawati and her favourite babu Shashank Shekhar Singh for the role they might have played in the National Rural Health Mission (NRHM) scam. And the basis for this is a government order issued by Mayawati herself on May 31, 2007, 18 days after becoming chief minister. Although the BSP on Wednesday denied any role of its supremo in the...
More »CAG rips into Isro for Devas deal, clears PMO
-The Times of India India's space agency Isro bent rules for private firm Devas to sign a deal for multimedia services, projecting a paltry Rs 1,120 crore revenue over a 12-year period that would not even have covered the cost of launching two satellites for the promised service, the Comptroller and Auditor General (CAG) has said. In a report submitted to Parliament on Tuesday, the official auditor gave the Prime Minister's Office...
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