Cag Report Coal Block Allocation Pdf Of Namchik Mining

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Report No. 7 of 2012-13 – Performance Audit of Allocation ...

Further, though the Government of India (GOI) has notified certain sectors which may undertake captive mining of coal, the process of allocation of coal mines should be objective and transparent.

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The Print reported that all hell seemed to have broken loose when the CAG released the audit report on the allocation of coal blocks made between 2004 and 2010. Mr Vinod Rai was the CAG when the ...

CAG REPORT ON COAL BLOCK ALLOCATION PDF

The CAG report, leaked to the press in March as a draft and tabled in Parliament in August, is a performance audit focusing on the allocation of coal blocks and the performance of Coal …

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CAG Performance Audit on the Allocation of Coal Blocks | PRS

The CAG recommends that Ministry of Coal (MOC) should work out modalities to implement the procedure of allocation of coal blocks for captive mining through competitive bidding.

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CAG report on coal block allocation: 12 things you need to know The CAG has not only recommended immediate coal block auction but also an FIPB like single window for clearances among other things.

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CAG REPORT ON COAL BLOCK ALLOCATION EPUB DOWNLOAD

Final CAG report on Coal Block allocation. The final report of the Comptroller and Auditor General of India, which states that there was a likely gain of Rs 22 Mar An initial audit report estimating Rs lakh crore loss to the exchequer on account of allotment of coal blocks during to without. 7 Sep THE ‘COALGATE’ CONTROVERSY.

CAG REPORT ON COAL BLOCK ALLOCATION PDF

CAG Report on Coal Block Allocation Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. CAG Report on Coal Block. 17 Aug The Comptroller and Auditor General (CAG) released a performance audit of Allocation of Coal Blocks and The report states that the.

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the procedures followed for allocation of coal blocks for captive mining ensured 'objectivity, 'transparency' and reasonable share to the gain to the allocattees; • the coal blocks allocated for captive mining augmented production of coal as envisaged; CIL augmented its production capacities as planned.

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The Parliamentary Standing Committee report on coal blocks allocation was tabled in the Parliament last week. ... B. 2.2 Objective of Coal Block Allocation for Captive Mining About historical development towards captive mining and competitive bidding of ... In the light of the observation of audit of CAG in their Report No. 7 of 2012-­13 that ...

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Coal block allocations have become a matter of heated debate since August 2012, when the CAG report on the allocation of coal blocks became public, which maintained that the allocations have led to a possible loss to the government to the tune of about Rs. 1.86 lakh crores.

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Oct 15, 2012 · The Coal Ministry has contested before the PAC the CAG calculation that coal block allocation led to financial gains to the tune of Rs 185,591 crore to …

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Government by taking timely decision on competitive bidding for allocation of coal blocks. The said report of C&AG of India was under examination of the Public Accounts Committee. ... • to ensure continuity in coal mining operations and production of coal, and for promoting

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CAG report on coal block allocation flawed: Government

Chidambaram said there has been hardly any mining of coal from the allocated blocks which are taken into consideration by the auditor. The Comptroller and Auditor General of India (CAG) last week revealed that the lack of transparency in the allocation of coal blocks to private players resulted in the loss of a whopping Rs.1.85 lakh crore ($37 ...

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Is India’s Ministry of Coal Effective in Supporting Coal ...

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Captive Coal Mining 2013 - India Infrastructure

The Captive Coal Mining Reportwill provide an update on the current state of captive coal mining in India. The report will present the evolution of the policy framework and its impact on the sector.

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In September last year, the Supreme Court cancelled 214 coal mining permits awarded to companies, terming their allotment arbitrary and illegal after the CAG report.