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Dec 21, 2012· Mining scam in India – Wikipedia, the free encyclopedia. Mining scam in India (colloquially Indian … The spillover of the effects of legal mining … Latest scam that has come out is the Coal Mining Scam in which … »More detailed

What is coal scam? | The Indian Express

A report by the Comptroller and Auditor General of India showed inefficient and possibly illegal allocation of coal blocks between 2004 and 2009. It estimated loss to the exchequer to the tune of Rs lakh crore but it later toned this amount down to Rs lakh crore in the final report.

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Coal India Limited (CIL) is an Indian statecontrolled coal mining company headquartered in Kolkata, West Bengal, India. It is the largest coal producer company in the world and contributes around 82% of the coal production in India.

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The Coal Scam or the “Coalgate” scandal has marred India’s reputation as a thriving economy yet again and exposed the magnitude of irregularities in the management of key reservoir of natural resource Coal …

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The coal gate scam is the allocation of coal blocks to corporates of public centre entities (PSE) and companies and the private sector during the UPA rule under Prime Minister Manmohan Singh's mandate.

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• Coal allocation scam is a political scandal in India • The comptroller and auditor general of India (CAG) office accused the government of India of allocating coal blocks . Was brought to light in March 2012 crores .

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THE COAL SCAM A STUDY!! ... good collection and presentation. ... (CAG) office hasaccused the Government of India forproviding the nations coal depositsto private and staterun entities in anirregular and arbitrary manner insteadof publicly auctioning them off to thehighest bidder (as is usually done forsuch entities), resulting in a loss ...

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The coal blocks were not in the production plan of coal by Coal India Ltd. A total of 70 coal mines were allocated between 1993 and 2005: 53 in 2006, 52 in 2007, 24 in 2008, 16 in 2009 and one in 2010.

Indian Coal Allocation Scam | Government | Politics

Indian coal allocation scam. 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.

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Coal India: Running on Empty, by Ashish Fernandes (PPT) In its 2010 Red Herring prospectus, CIL claimed 64 bt of total coal resource, .... will stagnate by end …

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Coal allocation scam (or 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 companies. In a draft report issued in March 2014, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal ...

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What is the Indian coal allocation scam?

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 …

COAL SCAM The Economic Times

Nov 19, 2018· Coal scam: Naveen Jindal, others summoned as accused in PMLA case 14 Aug, 2018, IST. Industrialist and Congress leader Naveen Jindal along with 14 others was summoned as accused by a Delhi court for alleged money laundering in a case pertaining to irregularities in allocation of a Jharkhand coal block.

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CHENNAI: A day after an anticorruption NGO blew the whistle on a Rs 1,000crore domestic coal overinvoicing scam in state discom Tangedco, state ele.

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Nov 01, 2018· Congress leader and industrialist Naveen Jindal, accused in a coal scam case, has been allowed to travel abroad for business purposes, by a special court. Congress Attacks Centre Over Alleged Coal ...