Fossil fuels, though cost effective and efficient, are depleting. The central point of the cag report that showed improper allocation was that the government had the authority to allocate the coal blocks. Healthcare in india is unaffordable for most people. Draft performance audit, allocation of coal blocks. Indian institute of coal management iicm is an excellent training centre under the control of cil and imparts multidisciplinary management.
This is because the final report considers extractable coal i. A ll hell seemed to have broken loose when the cag released the audit report on the allocation of coal blocks made between 2004 and 2010 vinod rai was the cag when the audit of coal block allocation was done. Jun 19, 2019 the cag in its report on performance audit of jnnurm, tabled in parliament on thursday, said though twoyear time was granted to complete each project. The committee of group of officers represented by ministry of coal.
During the 2012 monsoon session of the parliament, the bjp protested the governments handling of the issue demanding the resignation of the prime. The draft report said though the issue of usage of surplus coal is defined in the guidelines of the coal ministry and forms a part of the bid documents, the allocation um. Latest and breaking news on cag report on coal blocks allocation. Cag finds fault with modi govts coal block auction. The release of the second edition of the aperc coal report reflects both the. This annual report reflects the hard work, dedication, and safe operation of southwest indianas underground coal mines. This is the first audit report of cag on goods and services tax gst, prepared on the basis of audits conducted during the year 201819.
Further, washery grade coal is to be washed in a washery for use in a steel plant. Cag report on coal block allocation epub pdfin website. The cag report on coal block allocations between 2006 and 2009 has been tabled in parliament today and the bjp has said it is ready to target the government everyday on the alleged. The report acknowledges the magnitude of the tax reform that. The united states has more coal reserves than any other country in the world. Allocation of coal blocks and augmentation of production. At the initial report of cag only said that the blocks of coal could have been allocated with more efficiency and the government could have earned more profit. Cag conducted the audit with a very specific mandate. Moreover, in the 2020 edition the list of import origins and export destinations was expanded. Report of the comptroller and auditor general of india on. Cag report on coal block allocation latest breaking news, pictures, videos, and special reports from the economic times. Cag performance audit on the allocation of coal blocks prsindia. Jun 01, 2006 coal mining nonresidential mining report coal mining and cheshire brine subsidence on coalfield for england and wales sample report pdf, 375kb, 5 pages this file may not be suitable for. Panel seeks clarification from power ministry on cag report.
Ministry of coal 87 safety in coal mines coal india limited. However, this was to be done via competitive bidding. Coal coal is the most plentiful fuel in the fossil family. The widening gap between the demand and domestic production of coal and consequent increase in coal imports to fill up the gap warranted a study to examine the adequacy and effectiveness of the action taken by coal india limited cil and the ministry of coal moc for augmentation of coal. Political chaos over cag reports is catalysing reform in. The standing committee submitted its report on ig february 2009 to the parliament and made certain recommendations. In fact, onefourth of all known coal in the world is in the united states, with large deposits located in 38 states.
Mining of coal is to be carried out in conformity with stipulated. Chemical analyses and physical properties of 12 coal. The cag final report tabled in parliament put the figure at. Aug 17, 2012 the cag report on coal block allocations between 2006 and 2009 has been tabled in parliament today and the bjp has said it is ready to target the government everyday on the alleged. It meets more than so per cent of the current total commercial energy needs of india. Commercial coal mining began in the district in 1892. A 2012 cag report on coal mine allocation received massive media and political reaction as well as public outrage. The first published report on the coal geology of the pocahontas coal field was compiled by captain isaiah a. Preface iii executive summary v to x chapter 1 introduction 1. Cag vinod rai found fault with coal allocations where it. Annual coal report acr provides information about u. But the government chose to take another route and avoided competitive bidding, the cag report. Coal is affordable and plentiful, particularly in the asiapacific region, where it remains the backbone of numerous economies power systems, despite its high carbon emissions. Bp 2004 gas reserves showing regional shares at end of 2003.
Background an overview coal is the key contributor to the indian energy scenario. Chapter 4 allocation of captive coal blocks pdf file that. The comptroller and auditor general of india cag has pointed out lacunae in the goods and services tax gst regime, saying that systemvalidated input tax credit through invoice matching is not in place and a nonintrusive etax system still remains elusive after two years of its roll out. Professional skepticism objectives of agenda item 1. Is the chopper deal scam another bofors in the making. The governments thrust after the coal scam report by the comptroller and auditor general of india cag is in the direction of cancelling allocations of coal blocks to companies that havent achieved satisfactory progress in developing them. The cag report, leaked to the press in march as a draft and tabled in parliament in august, is a performance audit focusing on the allocation of coal blocks and the.
Cag draft report on coal allocation undue benefits to rpower. Cils extractable coal reserves could be exhausted in. Some of the main findings and recommendations of the report are highlighted below. Mar 22, 2012 the report, accessed by a newspaper, says the government extended undue benefits totaling rs. The final report of the comptroller and auditor general of india, which states that there was a likely gain of rs 22 mar an initial audit report estimating rs lakh crore loss to the exchequer on account of allotment of coal blocks during to without. Explore cag report on coal scam profile at times of india for photos, videos and latest news of cag report on. Moreover, it had to bear additional cost as pi towards procurement of coal over and above the acq. The cag report on coal blocks indicates how governmentsirrespective of political denomination have been keen to hold on to discretionary powers in allocating natural resources. According to the original bidding norms, coal meant for one umpp could not be. The report of the comptroller and auditor general cag on the allotment of captive coal mines is a scathing narrative on the misgovernance and mismanagement of the countrys natural resources.
Chapter 3 environment management system pdf file that opens in. The comptroller and auditor general of india cag has. The cag report on ultra mega power projects was tabled in parliament. It is with great pleasure that the indiana department of labor and the indiana bureau of mines present the 2014 coal report. Welch 1896 on the basis of field investigations he began in 1873. Sample coal mining, ground stability and environmental. Jul 06, 2019 the eight core industries output grew 3. The consultant, according to the report, also played a big role in equity stake of the developers on spvs from 51 per cent to 26 per cent. Mar 22, 2020 the report said the ministry of coal should urgently go forward with competitive bidding for captive coal blocks mining.
The cag recommends that ministry of coal moc should work out. Prior to 201112, the company was importing coal through public sector undertakings psus, v iz. The cag report, leaked to the press in march as a draft and tabled in parliament in august, is a performance audit focusing on the allocation of coal blocks and the performance of coal. The report also contains the observations arising out of audit of statutory corporations, boards and government companies and the observations on revenue receipts. Post haste, the government promulgated the coal mines special provisions act, 2015, and also cleared the deck for the public sector. The central bureau of investigation cbi registered cases against five companies and unknown government officials as part of its probe into alleged irregularities in allocation of coal blocks. Oct 29, 2018 final cag report on coal block allocation. The miners comment came after the cag of india, in a report, said that six, out of seven coal producing subsidiaries of cil, did not formulate environmental policies as mandated by ministry of environment, forest and climate change. Allocation of coal blocks and augmentation of coal production by coal india limited. Cag performance audit summary on coal blocks prsindia. The cag report on ultra mega power projects umpp on friday said that reliance power and tata benefited in the sasan ultra. Post haste, the government promulgated the coal mines special provisions act, 2015, and also cleared the. Cag report censures coal india ltd over environmental concerns. The report has been prepared for submission to the governor under article 151 2 of the constitution of india.
The honble mos coal held a meeting on 10 august 2009 with the state ministers of mining and geology of coal and lignite bearing states. In the report, the cag stated that the ministries of the central government were not equipped to monitor a project of jnnurms magnitude. The cag report, leaked to the press in march as a draft and tabled in parliament in august, is a performance audit focusing on the allocation of coal blocks and the performance of coal india in the 200509 period. This report of the comptroller and auditor general of india contains the results of the observations arising out of performance audit of. Coal india limited cil is a central public sector enterprise under the.
The main findings and recommendations are highlighted below. Comptroller and auditor general of india wikipedia. Cag report on coal block allocation hindustan times effectiveness of the action taken by coal india limited cil and the ministry of. Chemical analyses and physical properties of 12 coal samples. Annual coal report 2018 energy information administration. The report pointed out underdetermination of the upfront payment in case of 15 mines, for which the cag carried out a revised calculation of intrinsic value of the coal mines by calculating cost. India and coal produced through captive mining, there is a windfall gain to the. Comptroller and auditor general of india cag report followed by the supreme court verdict in 2014 that overturned the allocation of all coal mines barring a few allocated after 1993. The actuary, however, submitted the draft report for confirmation of the management in october 2016, which was yet to be finalised november 2016.
A comprehensive overview of coal 5 coal reserves showing regional shares at end of 2003 europe and eurasia 36% asia pacific 30% north america 26% africa 6% south and central america 2% middle east coal reserves less than 1% of total reserves source. Nov 23, 2012 this is because the final report considers extractable coal i. The file coal balance oecd retains 4 decimals throughout the time series. The worlds largest coal miner is expecting to achieve a double digit growth in production for january 2020. Committee for mineral reserves international reporting standards. Explore cag report on coal scam profile at times of india for photos, videos and latest news of cag report. Responding to some of the questions against the report, in his book not just an accountant, he has raised certain pertinent questions what was the cag s folly in this entire saga. The report containing audit observations on matters arising from examination of finance accounts and appropriation accounts is presented separately.
Cag performance audit summary allocation of coal blocks and augmentation of coal production the comptroller and auditor general cag released a performance audit of allocation of coal blocks and augmentation of coal production on august 17, 2012. Aperc coal report 2018 iii foreword demand for coal has been rising in many economies. By anil swarup former coal secretary all hell seemed to have broken loose when the cag released its audit report on the allocation of coal. Ex coal secretary, 4 others convicted a delhi court on friday convicted former coal secretary hc gupta and four others for allegedly indulging in corruption and hatching a criminal conspiracy for allocation of a coal block in. The report, accessed by a newspaper, says the government extended undue benefits totaling rs. Latest and breaking news on cag report on coal scam. Cags audit reports comptroller and auditor general of india.
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