Professional skepticism objectives of agenda item 1. During the 2012 monsoon session of the parliament, the bjp protested the governments handling of the issue demanding the resignation of the prime. The report containing audit observations on matters arising from examination of finance accounts and appropriation accounts is presented separately. But the government chose to take another route and avoided competitive bidding, the cag report. Moreover, it had to bear additional cost as pi towards procurement of coal over and above the acq. Prior to 201112, the company was importing coal through public sector undertakings psus, v iz. Allocation of coal blocks and augmentation of production. Draft performance audit, allocation of coal blocks. The first published report on the coal geology of the pocahontas coal field was compiled by captain isaiah a. Fossil fuels, though cost effective and efficient, are depleting. In fact, onefourth of all known coal in the world is in the united states, with large deposits located in 38 states. 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. 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 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. 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. The report has been prepared for submission to the governor under article 151 2 of the constitution of india. According to the original bidding norms, coal meant for one umpp could not be. Oct 29, 2018 final cag report on coal block allocation. Cils extractable coal reserves could be exhausted in. Indian institute of coal management iicm is an excellent training centre under the control of cil and imparts multidisciplinary management. 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. Cag vinod rai found fault with coal allocations where it. 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. A 2012 cag report on coal mine allocation received massive media and political reaction as well as public outrage. The report acknowledges the magnitude of the tax reform that.
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. Ministry of coal 87 safety in coal mines coal india limited. Coal india limited cil is a central public sector enterprise under the. Mar 22, 2020 the report said the ministry of coal should urgently go forward with competitive bidding for captive coal blocks mining. 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. 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. Commercial coal mining began in the district in 1892. Sample coal mining, ground stability and environmental. Latest and breaking news on cag report on coal scam. 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. It is with great pleasure that the indiana department of labor and the indiana bureau of mines present the 2014 coal report.
Post haste, the government promulgated the coal mines special provisions act, 2015, and also cleared 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. Cag performance audit summary on coal blocks prsindia. Cag performance audit on the allocation of coal blocks prsindia. Bp 2004 gas reserves showing regional shares at end of 2003. 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. Political chaos over cag reports is catalysing reform in. Explore cag report on coal scam profile at times of india for photos, videos and latest news of cag report on. The report of the comptroller and auditor general of india cag on coal block allotment to. This is because the final report considers extractable coal i. Mar 22, 2012 the report, accessed by a newspaper, says the government extended undue benefits totaling rs.
Explore cag report on coal scam profile at times of india for photos, videos and latest news of cag report. Mining of coal is to be carried out in conformity with stipulated. Post haste, the government promulgated the coal mines special provisions act, 2015, and also cleared the deck for the public sector. Allocation of coal blocks and augmentation of coal production by coal india limited.
Cags audit reports comptroller and auditor general of india. Further, washery grade coal is to be washed in a washery for use in a steel plant. 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. 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.
Cag finds fault with modi govts coal block auction. Background an overview coal is the key contributor to the indian energy scenario. The cag report on ultra mega power projects umpp on friday said that reliance power and tata benefited in the sasan ultra. Chemical analyses and physical properties of 12 coal samples. The standing committee submitted its report on ig february 2009 to the parliament and made certain recommendations. The main findings and recommendations are highlighted below. It meets more than so per cent of the current total commercial energy needs of india. India and coal produced through captive mining, there is a windfall gain to the. Chemical analyses and physical properties of 12 coal. Annual coal report acr provides information about u. 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. The central point of the cag report that showed improper allocation was that the government had the authority to allocate the coal blocks. The united states has more coal reserves than any other country in the world.
Chapter 4 allocation of captive coal blocks pdf file that. This was confirmed from the fact that all the bidders for this mine had mainly steel plants as the specified end use plants seups. 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. 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. This annual report reflects the hard work, dedication, and safe operation of southwest indianas underground coal mines. Preface iii executive summary v to x chapter 1 introduction 1. They pollute the environment and contribute to the greenhouse effect and global warming. Cag report censures coal india ltd over environmental concerns. The file coal balance oecd retains 4 decimals throughout the time series. 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.
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. Nov 23, 2012 this is because the final report considers extractable coal i. Healthcare in india is unaffordable for most people. This report of the comptroller and auditor general of india contains the results of the observations arising out of performance audit of.
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. Comptroller and auditor general of india wikipedia. Latest and breaking news on cag report on coal blocks allocation. 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. The release of the second edition of the aperc coal report reflects both the. The cag recommends that ministry of coal moc should work out. The report, accessed by a newspaper, says the government extended undue benefits totaling rs. The committee of group of officers represented by ministry of coal. Cag report on coal block allocation hindustan times effectiveness of the action taken by coal india limited cil and the ministry of. Cag report on coal block allocation latest breaking news, pictures, videos, and special reports from the economic times. 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. Cag report on coal block allocation epub pdfin website. Is the chopper deal scam another bofors in the making.
However, this was to be done via competitive bidding. 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 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 actuary, however, submitted the draft report for confirmation of the management in october 2016, which was yet to be finalised november 2016. The company has been importing coal since 200506 to supplement domestic coal supplies. Chapter 3 environment management system pdf file that opens in. Committee for mineral reserves international reporting standards. Jul 06, 2019 the eight core industries output grew 3. 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 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. 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 conducted the audit with a very specific mandate. The comptroller and auditor general of india cag has. The cag final report tabled in parliament put the figure at. 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. Aperc coal report 2018 iii foreword demand for coal has been rising in many economies. Cag draft report on coal allocation undue benefits to rpower. Annual coal report 2018 energy information administration. Report of the comptroller and auditor general of india on. Some of the main findings and recommendations of the report are highlighted below. Moreover, in the 2020 edition the list of import origins and export destinations was expanded. The cag report on ultra mega power projects was tabled in parliament. Panel seeks clarification from power ministry on cag report. 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. The report also contains the observations arising out of audit of statutory corporations, boards and government companies and the observations on revenue receipts.
391 316 359 1440 1188 512 383 631 817 238 763 529 443 175 1392 877 966 276 105 1433 1000 273 744 458 901 637 115 1415 784 922 1169 1413