Coal allocation scam or coalgate a

The DLA advice of July was sufficient grounds upon which to introduce competitive bidding, by means of an administrative decision.

As many as 70 coal fields were allocated between and53 were given away in52 in24 in16 in and one in Over the course ofhowever, the question of corruption came to dominate the discussion.

Am new to Wikipedia. Accusations ranged from malicious means for securing allocation, overstating net worth, non-disclosure of prior allocation and hoarding rather than the development of allocated resources. All of them allegedly made major gains due to the lack of bidding between and The actual impact of several coal companies is likely to be better understood post the judgment, which is slated to be announced on September 1.

CBI came up with a report stating names of a dozen Indian firms in FIR accusing them of overstating their profits, not disclosing prior coal allocations, and hoarding rather than developing coal allocations and even bribery. Over the Summer ofthe opposition BJP lodged a complaint resulting in a Central Bureau of Investigation probe into whether the allocation of the coal blocks was in fact influenced by corruption.

Altogether, blocks were allocated between andout of which 24 were taken away at different points in time, effectively leaving the total number of allocated blocks at Much less detailed than the draft report, the final report still made the same charges against the government.

In the period between July and the end of38 coal blocks were allocated under the existing process of allocation, "which lacked transparency, objectivity, and competition. Pages 22—27 chronicle key correspondence between the Secretary Coalthe Minister of State Coalthe prime minister's Office, and the Department of Legal Affairs from to The trial court has rightly brushed aside minor discrepancies in evidence and technical objections to the fresh investigation being taken up, and concluded that the testimony of key witnesses, who were themselves injured, was cogent and reliable.

Manmohan Singh was coal minister for large part of this period. Coal ministry forms an inter-ministerial panel to review the process of allocation of blocks and to decide either on de-allocations or forfeiture of bank guarantees.

What is coal scam?

But Kishori Lal, known as 'the butcher of Trilokpuri', managed to get his death sentence commuted to life. I suggest that the sentence be broken up into separate sentences. The opposition alleged that norms were violated by the government for allowing him coalfields.

What’s the coal scam about?

But the government chose to take another route and avoided competitive bidding, the CAG report said. The ministries are also required to check the track records of the company, economic viability of the project etc. The attack with deadly weapons left two Sikhs dead and three wounded.

Comptroller and Auditor General of India

He also refused to have a debate in the Parliament. It observed that as per the recommendations made by the Screening Committee from July 14,in 36 meetings the allocation through the government dispensation route suffers from the vice of arbitrariness and legal flaws. He had also said that the observations of the CAG were disputed.

What is the Indian coal allocation scam?

However, it cannot be forgotten that obtaining a conviction in instances of communal and sectarian riots is quite rare.

#1 What is the coal allocation scam? In a nutshell, the coal allocation scam, or ‘Coalgate’ as it is popularly referred to in the media, is a political scandal that engulfed the UPA government in Contact for FREE Trial.

Profession / Organisation*. Coal allocation scam or Coalgate,[1] as referred by the media, is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and.

The following is a list of alleged scams and scandals in India since independence. include political, financial, corporate and others. Entries are arranged in reverse chronological order by year. The year is the one in which the alleged scam was first reported or came into knowledge of public.

11 things you need to know about the coal block allocation scam

May 22,  · What is coal scam? A report by the Comptroller and Auditor General of India showed inefficient and possibly illegal allocation of coal blocks between and Author: Express Web Desk.

The Comptroller and Auditor General (CAG) of India is an authority, established by Article of the Constitution of India, which audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the CAG is also the external auditor of Government-owned corporations and conducts.

Coal allocation scam or coalgate a
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What’s the coal scam about? - The Hindu