The CAG report, leaked to the press in March as a draft and tabled in Parliament in August, is a. Government auditor CAG on Friday said private firms are likely to gain Rs lakh crore from coal blocks that were allocated to them on. Overview. Coal is the most important indigenous source of energy for Indian economy with a geological reserve of 2,85, million tonne and.
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What is coal scam? | What Is News, The Indian Express
Close on the heels of tabling of three CAG reports, BJP on Friday demanded resignation of the government alleging that scams in the coal, power and airport sectors had exposed the “loot and plunder” of the country. In a shocking revelation that may give embarrassment to the ruling establishment, the Comptroller and Auditor General CAG on Friday tabled its reports on rpeort crucial sectors including coal block allocation, Delhi International Airport and ultra mega power project, claiming a total loss of over Rs 2.
Ahead of its Working Committee meeting, Congress on Monday again targeted Comptroller and Auditor General Vinod Rai alleging that some people have the “penchant of seeking to become a hero by adding zeros” in their report.
Sriprakash Jaiswal tried to repor theauditor’s findings as “notional and imaginary”.
The tabling of the CAG report on coal block allocations could result in further delays in getting mining approvals, Edelweiss Securities said in a research report on Tuesday. Refusing to be on the back foot on coal block allocation, Prime Minister Manmohan Singh on Monday rejected the CAG’s observations as “misleading” and “flawed” and blamed Opposition parties for thwarting his government’s efforts to bring a policy of competitive bidding.
Accusing the UPA government of being “arrogant and despotic”, BJP leader Arun Jaitley said the onus is on Prime Minister Minister Manmohan Singh to accept the responsibility for the “arbitrary and discretionary” allocation of coal blocks.
With the Opposition targeting the government over CAG report on coal allocation, Prime Minister Manmohan Singh is geared up to rebut in Parliament the charges, contending that there were “inaccuracies” in the “misleading” assessment of loss of Rs 1.
Parliament’s Public Accounts Committee on Thursday decided to examine the four latest reports of the CAGincluding the one on coal block allocation, which are critical of the government. Surgical Strikes At LoC: Showing Results For ” cag report on coalgate “.
CAG 17 Aug Ducking CAG bouncers 31 Aug Coalgate may sca delay mining approvals: Report 22 Aug UPA government ‘arrogant, despotic’: Arun Jaitley on Coalgate 27 Aug Manmohan Singh ready to rebut charges in Parliament 22 Aug CAG defends Rs 1.
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