Coal allocation scam or coalgate a

Augmentation of Coal Production pp. A large of allottees of these blocks were issued show cause notices by the IMG to show why they had failed to take the required action to develop these blocks and why action should not be taken against them.

October 1, Coal Secretary kept Manmohan in the dark, says court. According to the CAG report, about 25 big industrial company names were involved.

What is the Indian coal allocation scam?

Blocks given for free between and amounted to 17, Whether there was actually corruption is another matter. October 21, CBI files revised closure report in K. However if the Comptroller and Auditor General of India accused the Government of acting in "an irregular and arbitrary manner", it would seem the evidence of actual corruption is significant.

It the spokesperson said that grant of EC is in the "final stage" and the company is hopeful that it will be cleared by EAC in their "forthcoming meeting" to be held later this month. December 17, A special court asked for further investigation into Hindalco Industries, rejecting an earlier report from the federal police that said the probe was likely to be closed.

In this backdrop, an inter-ministerial group IMG of the coal ministry met on 24 October to consider the fate of 30 coal blocks, including those being investigated by the CBI.

Talk:Indian coal allocation scam

All allottees had been issued show-cause notices and were asked to furnish their views to the IMG. Slamming the decision to de-allocate their coal blocks, Jindal Steel and Power and Monnet Ispat and Energy have blamed lack of government approvals and external factors like Naxal activities for not making enough progress in their mines.

Indian coal allocation scam

Samaria two years in prison for their involvement in the Coal Scam. It is in this last section that I hope to reflect the different viewpoints on the key CAG allegation, and plan on reinserting the HT reference there, along with other references.

People involved in the scam: He had also said that the observations of the CAG were disputed. 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. The agency has filed 14 FIRs and two preliminary enquiries so far in this connection.

The spokesperson of Jindal Steel and Power JSPL said its employees, officials and contractors were assaulted or made hostage many times at the site and equipment were damaged. Meanwhile, Jindal Steel and Power Ltd JSPL intends to appeal in court against the government decision to de-allocate the coal block allocated to it, a company source said.

Coal Allocation Scam 2012: Coalgate

What is the Indian coal allocation scam? Productive Performance of Captive Coal Blocks pp. December 22, The CBI told a special court that it has forwarded a request to the competent authority to consider granting sanction to prosecute two public servants who have been summoned as accused in a coal blocks allocation scam case.

However, the government is yet to finalise the modus operandi of the mechanism. It also asked for an investigation to be set up into all those involved in the scam. By Nidhi Rajgor Image Source: He also refused to have a debate in the Parliament.

I made the following changes: March 25, Manmohan Singh moves Supreme Court against summon in coal scam case. CAG observed the revenue secured from the allottees for allocation was much less than what could have been if there was competitive bidding—hence presumptive loss to the exchequer.

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

He added that many complaints and FIRs have been filed on these issues and state and central governments have been informed about it.Coal allocation scam or Coalgate, is a political scandal concerning the illegal allocation of the nation's coal deposits to public sector entities (PSEs) and private companies by Prime Minister Manmohan Singh.

The coal allocation scam, or ‘Coalgate’ as it is popularly referred to in the media, is a political scandal that shadowed the Congress Led UPA government in The scam came to light after the Controller and Auditor General of India (CAG) accus.

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 The scam came to light after the Comptroller and Auditor General of India (CAG) accused the government of India for allocating coal blocks to public and private enterprises.

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. Mar 11,  · The coal scam, or what’s popularly called the coalgate, first came to light when India’s audit watchdog, The Comptroller and Auditor General of India, raised the issue of inadequacies in the Author: Special Correspondent.

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 The scam came to light after the Comptroller and Auditor General of India (CAG) accused.

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Coal allocation scam or coalgate a
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