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- Indian_coal_allocation_scam abstract "Coal allocation scam or Coalgate, 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 private companies by Prime Minister Manmohan Singh. In 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 manner during the period 2004–2009. Over the Summer of 2012, the 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.The essence of the CAG's argument is that the Government had the authority to allocate coal blocks by a process of competitive bidding, but chose not to. As a result both public sector enterprises (PSEs) and private firms paid less than they might have otherwise. In its draft report in March the CAG estimated that the "windfall gain" to the allocatees was 1067303 crore (US$180 billion). The CAG Final Report tabled in Parliament put the figure at 185591 crore (US$31 billion) On 27 August 2012 Indian prime minister Manmohan Singh read a statement in Parliament rebutting the CAG's report both in its reading of the law and the alleged cost of the government's policies.While the initial CAG report suggested that coal blocks could have been allocated more efficiently, resulting in more revenue to the government, at no point did it suggest that corruption was involved in the allocation of coal. Over the course of 2012, however, the question of corruption has come to dominate the discussion. In response to a complaint by the BJP, the Central Vigilance Commission (CVC) directed the CBI to investigate the matter. The CBI has named a dozen Indian firms in a First Information Report (FIR), the first step in a criminal investigation. These FIRs accuse them of overstating their net worth, failing to disclose prior coal allocations, and hoarding rather than developing coal allocations. The CBI officials investigating the case have speculated that bribery may be involved.The issue has received massive media reaction and public outrage. During the monsoon session of the Parliament, the BJP protested the Government's handling of the issue demanding the resignation of the prime minister and refused to have a debate in the Parliament. The deadlock resulted in Parliament functioning only seven of the twenty days of the session. The Parliamentary Standing Committee report on Coal and Steel states that all coal blocks distributed between 1993 and 2008 were done in an unauthorized manner and allotment of all mines where production is yet to start should be cancelled.".
- Indian_coal_allocation_scam wikiPageExternalLink 12376699.cms.
- Indian_coal_allocation_scam wikiPageExternalLink Draft_CAG_report.pdf.
- Indian_coal_allocation_scam wikiPageExternalLink sibbal-and-chidambaram-upas-the-zero-loss-theory.
- Indian_coal_allocation_scam wikiPageExternalLink Final-CAG-report-on-Coal-Block-allocation.
- Indian_coal_allocation_scam wikiPageID "35178919".
- Indian_coal_allocation_scam wikiPageRevisionID "605583483".
- Indian_coal_allocation_scam hasPhotoCollection Indian_coal_allocation_scam.
- Indian_coal_allocation_scam quote "You may have well laid down policy but was it implemented? Is it a sheer coincidence that a large number of beneficiaries were either politicians or their relatives or associates?".
- Indian_coal_allocation_scam source "Justice R M Lodha and Justice A R Dave, Supreme Court of India".
- Indian_coal_allocation_scam width "25.0".
- Indian_coal_allocation_scam subject Category:2012_in_India.
- Indian_coal_allocation_scam subject Category:Coal_mining_in_India.
- Indian_coal_allocation_scam subject Category:Corruption_in_India.
- Indian_coal_allocation_scam subject Category:Manmohan_Singh_administration.
- Indian_coal_allocation_scam subject Category:Political_scandals_in_India.
- Indian_coal_allocation_scam comment "Coal allocation scam or Coalgate, 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 private companies by Prime Minister Manmohan Singh. In 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 manner during the period 2004–2009.".
- Indian_coal_allocation_scam label "Coalgate (Skandal)".
- Indian_coal_allocation_scam label "Indian coal allocation scam".
- Indian_coal_allocation_scam sameAs Coalgate_(Skandal).
- Indian_coal_allocation_scam sameAs m.0j620s_.
- Indian_coal_allocation_scam sameAs Q1104274.
- Indian_coal_allocation_scam sameAs Q1104274.
- Indian_coal_allocation_scam wasDerivedFrom Indian_coal_allocation_scam?oldid=605583483.
- Indian_coal_allocation_scam isPrimaryTopicOf Indian_coal_allocation_scam.