Allocation process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources. Till now, the PSU, Coal India was the only commercial miner in the country for more than four decades which has shown monopolistic tendencies in the sector. Monopoly in mining sector was ...
WhatsApp: +86 18838072829This is the official website of Coal Ministry, Government of India. You can find information related Tenders, Notices, latest updates pertaining to Ministry of Coal, Government of India. ... Coal Block Information; Vacancy; Tender; Public Information. Monthly Summary for Cabinet; ... Allocation TrancheWise; Compensation Orders; Termination ...
WhatsApp: +86 18838072829Apart from Singh, the court said some top officers, who were then working in Prime Minister's Office (PMO) at that time and were concerned with the process of allocation of coal block to HINDALCO ...
WhatsApp: +86 188380728292010. NIL. 2011. 02. Total. 204. Coal blocks allocated were of the coking as well as noncoking category both with quality of coal ranging from A to G grade. The category (grade) of coal in a block can be ascertained only after detailed exploration has been carried out. Further, a block may contain coal of more than one grade.
WhatsApp: +86 18838072829Timeline of events related to captive coal block allocation in India 2 Figure 2: Summary of cancelled coal blocks and proposed allocations 6 Figure 3: Enduse classification of coal blocks by ...
WhatsApp: +86 18838072829MARCH 2012: COALGATE EXPLODES THE DRAFT REPORT OVERVIEW • • • • • • • • The CAG report is a performance audit focusing on the allocation of coal blocks and the performance of Coal India in the 200509 period. The Draft Report, stretching to 110 pages—far more detailed and containing more explosive allegations than the toned ...
WhatsApp: +86 18838072829COAL BLOCK ALLOCATION. Mines and Minerals (Development and Regulation) Act, 1957 ... Commercial coal block auctions are conducted in a twostage online bidding process, which involves technical screening and submission of competitive initial price offer in the first stage, and a second and final stage where better price offers are intended to ...
WhatsApp: +86 18838072829The revision to the Coal Mines (Nationalisation) Act of 1973 would allow domestic and international enterprises to participate in the coal block allocation case process. The revised legislation, which would make auctions mandatory for the distribution of coal blocks after 2010, would leave no room for the administrative power to be biassed or ...
WhatsApp: +86 18838072829Earlier this week, Lok Sabha passed the Bill that provides for the allocation of coal mines that were cancelled by the Supreme Court last year. In light of this development, this post looks at the issues surrounding coal block allocations and what the 2015 Bill seeks to achieve.
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WhatsApp: +86 18838072829The Coal allocation scam, dubbed in media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise (PSEs) and private a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient ...
WhatsApp: +86 188380728291. Short title and commencement. (1) These rules may be called the Coal Blocks Allocation Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Definitions. (1) In these rules, unless the context otherwise requires, . (a) "Act" means the Mines and Minerals (Development and Regulation) Act ...
WhatsApp: +86 18838072829The notification empowers the Government to enter upon and survey any land in the locality, dig or bore into the sub soil and do all other acts necessary to prospect for coal in the land. [Section 4] In case of any damage done to the land in pursuance of the above activities, appropriate compensation shall be paid.
WhatsApp: +86 18838072829The Coalgate Scam was unearthed by the CAG report on allocations of coal blocks. CAG report alleged that a loss of Rs. lakh crore was caused to the exchequer because of a nontransparent and discretionary allocation process. The beneficiaries of the scam are private players who have made windfall gains and have received highly valuable natural resources at almost free of cost.
WhatsApp: +86 18838072829commercial auction of coal blocks is a sine qua non for the country. Moreover, coal needs for the development of the country are increasing rapidly. As per the Draft National Energy Policy of Niti Aayog, the demand for coal is expected to rise in the range of billion tonnes by 2030. Coal India Limited and
WhatsApp: +86 18838072829Panem, for mining coal even from the forest areas of the Coal Block. 6. Till 2014, there was no problem. However, on 25th August 2014, this Court in the case of Manohar Lal SharmaI, held that the entire allocation of Coal Blocks made between 1993 and 2011, except those which were made through competitive
WhatsApp: +86 18838072829Vinod Rai (2014) details the manner in which a politicised allocation process came into being and subverted the preexisting policy process. The salient features of the coal block allocation episode are as follows. Before the reforms, Coal India Limited (CIL) a public sector firm, held monopoly over coal production, as per the Coal Mines ...
WhatsApp: +86 18838072829Coal allocation scam (or Coalgate) is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private a draft report issued in March 2014, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during the period ...
WhatsApp: +86 18838072829The coal blocks allocation cases are among the CBI's longest running probes, with the agency last registering a fresh FIR in the case in January 2020. ... government decided to allocate such coal blocks to private companies that were not part of the production plan of PSUs Coal India Ltd and Singareni Collieries Company Limited (SCCL ...
WhatsApp: +86 18838072829A. GUIDELINES. for allocation of coal blocks for captive mining for the specified end uses shall be made to the Director (CAI) in the Ministry of Coal in five copies. The application shall be accompanied by the following in addition to any other relevant documentation that the applicant may submit:
WhatsApp: +86 18838072829Allocation of coal blocks for composite prospecting licensecummining lease; It will help in increasing of the inventory of coal, lignite blocks for allocation. Provision for requirement of Approval from Centre Done away; In cases where the allocation or reservation of coal/lignite block has been made by the Central Govt. itself
WhatsApp: +86 18838072829In August 2012, the Comptroller and Auditor General of India released a report on the coal block allocations. CAG recommended that the allocation process should be made more transparent and objective, and done through competitive bidding.
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