The Coal Allocation scam or the Coalgate scam is a scandal that took place during the UPA government tenure. It came into reckoning in 2012 after the then Comptroller and Auditor General (CAG) raised allegations against the government for allocation of coal blocks to public and private enterprises. Out of the total 216 coal blocks allocated ...
WhatsApp: +86 18838072829India imports around 240 million tonnes (mt) of coal a year valued at about ₹ lakh crore. The 41 mines opened for auction now can hit a peak production of 225 mt in 202526, saving foreign exchange. A High Powered Expert Committee (2017) recommended a shift from the allocation of coal blocks for own consumption to commercial mining.
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. It has since 2012 filed multiple chargesheets and even closed many cases for lack of evidence or culpability. Written by Deeptiman Tiwary New Delhi | Updated: October 19, 2020 12:38 IST Follow Us
WhatsApp: +86 18838072829coal allocation scam. Another scam in a history of Indian. Coal mining controversy is major fraud in 2012, which involved Rs 1,86,000 Cr loss to exchequer . This is serious allegation against Prime Minister of India Dr Manmohan Singh who is in a serious scrutiny of the CAG which leads to protest against the leading political party NCP and Prime ...
WhatsApp: +86 18838072829Note:. Coal India Ltd (CIL) is a public sector undertaking that is the largest coal producer and supplier in India.; It operates under the Coal Mines (Nationalisation) Act, of 1973, which gives it a monopoly over coal mining and distribution in the country.; CIL was a fully governmentowned entity until it's disinvestment in 2010. Currently, the government holds a majority shareholding with a ...
WhatsApp: +86 18838072829Coal Nationalization Act, 1973 Allocation of blocks can only be made to central government PSU's (not to state government) for commercial mining or for captive use of mines for sectors specified by amendments Iron and Steel, cement, Power and Coal to liquid sector. Allocation process was arbitrary, discretionary and nontransparent ...
WhatsApp: +86 18838072829Advertisement. The CAG in its final report earlier this week said private firms are likely to rake in Rs lakh crore from allocation of 57 coal blocks without competitive bidding between 2005 and 2009. Coal minister Sriprakash Jaiswal in his statements to the press purported gains accruing to the companies was unviable: We do not agree with ...
WhatsApp: +86 18838072829Coal 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. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of allocating ...
WhatsApp: +86 18838072829Introduction. India has the fourth largest coal reserves in the world. It is estimated to be around billion tonnes of which not even 1 billion tonnes is extracted in a year. The majority of extracted coal is used for electricity production. The remaining coal is used for cement, steel and other industries.
WhatsApp: +86 18838072829Gupta has been embroiled in one of the most highprofile corruption scandals of the past two decades, the coal allocation "scam" or " Coalgate " as it is popularly known. It is centred on ...
WhatsApp: +86 18838072829Date. 1. Directions of the Central Government for auction of coal mines under the CM (SP) Act, 2015. Downloads. File size : KB. File type: PDF. . 2. Minutes of 4th meeting held on under chairmanship of Additional Secretary (Coal) to identify additional coal / lignite blocks for allocation under rule 3 (2) of the Coal ...
WhatsApp: +86 18838072829The Union Cabinet took two important decisions aimed at streamlining coal allocation to the power sector and making it more transparent and objective. ... This would go 'against the grain' of making the allocations transparent, unless the entire process is fully transparent. Thus, it appears, rather than powering the future of the ...
WhatsApp: +86 18838072829Announced Reforms In Coal Sector. Commercial mining of coal allowed, with 50 blocks to be offered to the private sector. Entry norms will be liberalised as it has done away with the regulation requiring power plants to use "washed" coal. Coal blocks to be offered to private companies on revenue sharing basis in place of fixed cost.
WhatsApp: +86 18838072829Aim Ensure the availability and supply of coal to thermal power plants (TPPs) in in India in a transparent way. The scheme also aims to reduce the dependence on imported coal and promote rationalization of coal linkages. For the first time bidding of coal is being carried out under B (v) of Shakti scheme. Under the scheme, Ministry of Power ...
WhatsApp: +86 18838072829UPSC so far has worked with remarkable competence, impartiality and integrity. However a new world based on openness, accountability and delivery has emerged. UPSC needs to be in sync with these changes. 2. UPSC and CVC 1. Since the emergence of CVC, the role of UPSC in disciplinary matters has been affected. Both are consulted by the government
WhatsApp: +86 18838072829It is a process in which coal is partially oxidised with air, oxygen, steam or carbon dioxide to form a fuel gas. This gas is then used instead of piped natural gas, methane and others for deriving energy. India has a reserve of 307 Billion tonnes of thermal coal and about 80% of coal produced is used in thermal power plants.
WhatsApp: +86 18838072829The aim of the app is ensuring efficiency and transparency in the process of coal quality monitoring and at the same time, bringing the governance of coal, closer to the people. ... TopicWise UPSC Prelims Question Papers and Solution PDFs ... As a result greater calls for accountability in coal allocation management began to grow, hence ...
WhatsApp: +86 18838072829The Tariff Commission is being involved in pricing of coal for the Power Sector and to suggest modalities for pricing of coal for other sectors. · Import of Coal has been liberalized and has been placed under the Open General License (OGL). Import duty has also been reduced to 5%. · Allocation process for captive coal blocks has been streamlined.
WhatsApp: +86 18838072829The coal reserves in India are billion tonnes. It is located in the east of India. The coal reserves in this area account for 24 percent of India. This state produces 15 percent of the total coal produced in India. Chhattisgarh has around 17 percent of the total coal reserves of the country.
WhatsApp: +86 18838072829To increase coal production, the focus of the Government is on accelerating domestic production of coal through the allocation of more coal blocks, pursuing with the State Government for assistance in land acquisition, and coordinated efforts with Railways for the movement of coal.
WhatsApp: +86 18838072829Most of it is imported from Indonesia, South Africa, Russia and Australia. Thus, the imports are mainly to compensate the lack of good quality coal, especially coking coal. Plus, there is a gap between demand and domestic production capacity. In FY19, the country produced around 730 mt of coal, while the consumption was close to 965970 mt.
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