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Coalgate: CAG may stick to 'Rs 10.7 lakh crore' figure in final report; expected to soften tone

-The Economic Times   The national auditor is expected to stick to its controversial estimate of Rs 10.7 lakh crore as gains accrued to companies due to allocation of coal blocks on government discretion instead of auctioning them, an official in the Comptroller and Auditor General's (CAG) office said.  This is set to further embarrass the UPA government that has been mired in a series of controversies. "The report is not yet final,...

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Coal Min hits back at CAG: report ‘fallacious, erroneous’-Priyadarshi Siddhanta

The coal ministry has told the national auditor that its observations about “windfall gains” to private and state-run entities as a result of allocation of coal blocks without auction were “fallacious and erroneous”.   The ministry has rejected the Comptroller and Auditor General’s (CAG)’s observation that due process was not followed in allocating blocks, and insisted that a “fair and transparent” system was followed, and decisions taken after intense scrutiny and extensive...

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Jobs for evaluators

-The Business Standard Searching for independent assessments of govt work The rural development ministry recently proposed “independent, real-time evaluation” of the government’s flagship social welfare and development programmes, a suggestion that deserves attention not just for its pros, but also for its cons. It is true that given the explosive growth in social sector spending, effective monitoring and evaluation are ever more important. The constant hum of charges that extra money is...

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'Coalgate': Govt releases bits of CAG letter to deny TOI report

-The Times of India The government on Thursday sought to play down this paper's report of March 22 which stated that the Comptroller and Auditor General had estimated in its 110-page draft report that the coal ministry's decision to award 155 coal acreages without competitive bidding had led to "undue benefits" of Rs 10.67 lakh crore to private and public firms. With the report creating a storm in Parliament, leading to adjournment...

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Coal scam: BJP demands CBI probe after CAG report on allotment of coal blocks

-PTI Taking note of the draft report of the Comptroller & Auditor General (CAG) on allotment of coal blocks without auction, the BJP on Thursday demanded a CBI probe into the allotment of coal blocks and monitoring of the probe by a court. "The coal allotment scam is a major scam. We demand a CBI probe and a court should monitor the probe. It is a government of scamsters (that is) involved...

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