Search Results for: budgetary allocation

india-does-not-expect-power-tariff-rise-after-coal-mine-auctions-says-coal-secretary

India does not expect power tariff rise after coal mine auctions, says Coal Secretary

New Delhi/ Dhanbad, Nov 20 (ANI): The government does not expect power tariffs to rise after it auctions more than 200 coal blocks, Coal Secretary Anil Swarup has said. The Coal Ministry on Tuesday had released draft guidelines for allocation of 74 coal blocks. The due date for coal auction is February 11. The Ministry will compensate prior allottees unsuccessful in coal auction. Swarup said that the idea was to keep a lid on tariff rather than adopt a revenue maximisation approach. The reserve price would be determined before December 22, while the bidding fees will be based on geological reserves of coal mines. Nov 20, 2014
politicos-react-after-p-chidambaram-blames-manmohan-singh-for-2g-scam

Politicos react after P Chidambaram blames Manmohan Singh for 2G scam

New Delhi/Chennai, Nov 08 (ANI): Politicos reacted on Saturday after Former finance minister P Chidambaram on Friday said that former Prime Minister Manmohan Singh should have cancelled the 2G licenses. BJP leader Sambit Patra said that in a way congress has accepted there mistake regarding 2G scam. Congress leader Manish Tewari said that the cabinet should have taken the 2G spectrum allocation within its purview. However, DMK leader TKS Elangovan said that since there had been no loss in the 2G spectrum allocation, hence, there was no reason of cancelling the licenses. Nov 8, 2014
politicos-react-after-sc-cancels-214-coal-block-allocation

Politicos react after SC cancels 214 coal block allocation

New Delhi, Sept 24 (ANI): Politicos reacted on Wednesday after the Supreme Court cancelled allocations of 214 coal blocks out of 218 which were allotted to various companies since 1993 and gave them a time period of six months to wind up the business. BJP leader Subramanian Swamy said that SC has taken a very major step towards eliminating corruption in the country. CPI leader D Raja said that the SC has taken a strong view considering the huge loss of the country. CPI (M) leader Brinda Karat while welcoming the SC’s judgment said that the national wealth cannot be handed over for private profits to the private companies. Sep 24, 2014
politicos-hail-scs-verdict-on-coal-blocks

Politicos hail SCs verdict on coal blocks

New Delhi, Sept 24 (ANI): The Supreme Court on Wednesday cancelled all the coal block allocations which it had earlier declared illegal leaving 4 which entirely belong to the Central government. The court, which examined the allocation of 218 blocks in pre-auction era till 2010, had held that they were done in an illegal manner by an “ad-hoc and casual” approach “without application of mind”. Leaders from various political parties, including the BJP, have hailed the SC’s decision. Sep 24, 2014
sc-cancels-all-coal-block-allocations-except-4

SC cancels all coal block allocations except 4

New Delhi, Sep 24 (ANI): The Supreme Court on Wednesday cancelled all the coal block allocations which it had earlier declared illegal leaving 4 which entirely belong to the Central government. The lawyer said that Court has given its final decision regarding coal allocations where it has cancelled all the allocations except four. The court, which examined the allocation of 218 blocks in pre-auction era till 2010, had held that they were done in an illegal manner by an “ad-hoc and casual” approach “without application of mind”. Sep 24, 2014
sc-asks-spp-to-assist-in-ranjit-sinha-case-with-regard-to-cpils-refusal-to-name-whistleblower

SC asks SPP to assist in Ranjit Sinha case with regard to CPIL's refusal to name whistleblower

New Delhi, Sep 22 (ANI): The Supreme Court on Monday asked Anand Grover, special public prosecutor in the 2G spectrum allocation case, to assist it after Centre for Public Interest Litigation (CPIL) refused naming the whistleblower who had furnished the guest book at the residence of CBI Chief Ranjit Sinha. Earlier, Prashant Bhushan had urged the SC to withdraw order disclosing whistleblower's name in the case. Sinha's lawyer said that there was no detailed hearing on Monday and that the court deferred the hearing for October 10th. Sep 22, 2014
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