A special court in Delhi on July 1 ordered the Central Bureau of Investigation (CBI) for framing of charges against Naveen Jindal and four others in a coal scam case related to a coal block allocation in Madhya Pradesh.. Special judge Bharat Parashar passed the order on framing of charges against Naveen Jindal, Jindal Steel Private Limited (JSPL), and several top management of JSPL including ...
Jun 03, 2020· Coal Block Allocation Scam Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Coal Block Allocation Scam Blogs, Comments and Archive News on Economictimes
Dec 13, 2017· A special CBI court today convicted former Jharkhand Chief Minister Madhu Koda on charges of corruption in the multi-crore coal block allocation scam, commonly referred as coal scam or Coalgate. It was a Comptroller and Auditor General (CAG) report which took the lid off the Rs 1.86 lakh crore scam, and became one of the biggest cases of ...
June 2012: Coal ministry forms an inter-ministerial panel to review the process of allocation of blocks and to decide either on de-allocations or forfeiture of bank guarantees. The government has ...
A Delhi court on Thursday awarded varying jail terms to three persons in a coal scam case related to irregularities in the allocation of the Jharkhand-based North Dhadhu coal block.. Two directors of Pawanjay Steel and Power Limited (PSPL), Gyanchand Prasad Agarwal (70) and Umesh Prasad Agarwal (58), were sentenced to rigorous imprisonment for a period of three years each for the offences of ...
Nov 23, 2017· About 16 months after it rocked the UPAgovernment with its explosive report on allocation of 2G spectrum and licences, the Comptroller & Auditor General's draft report titled 'Performance Audit Of Coal Block Allocations' says the government has extended "undue benefits", totalling a mind-boggling Rs 10.67 lakh crore, to commercial entities by giving them 155 coal acreages without auction between 2004 .
And the coal allocation scam is the biggest scam ever detected in the country as in this scam the country suffered a loss of 1.86 lakh crores. Coalgate Coal allocation scam or coalgate is a major political scandal regarding the allocation of coal blocks to public sector entities and private companies, without competitive bidding .
Any surplus coal is compulsorily sold to coal India at a notified price. Allocation of Coal Blocks Before and after 1993. No specific criteria about allocation of captive coal blocks were enforced till 1993. However certain amendments were introduced in the Coal Mines (Nationalisation) Act, 1973 after which captive coal mining was allowed.
Sep 24, 2014· The Supreme Court on Wednesday cancelled all the coal blocks allocated since 1993, except four vested with the NTPC and other public sector undertakings.
The concept of allocation of captive coal blocks through competitive bidding was first announced in 2004. However, the government is yet to finalise the modus operandi of the mechanism. In the mean time, 194 coal blocks were allocated to different government and private parties up to March 31, 2011.
Title: COAL ALLOCATION SCAM OR COALGATE PPT Page Link: COAL ALLOCATION SCAM OR COALGATE PPT - Posted By: project Created at: Friday 18th of January 2013 12:07:16 PM Last Edited Or Replied at :Friday 18th of January 2013 12:07:16 PM [:=Show Contents=:] coal allocation ppt, ppt presentation on coalgate scam, seminar on chemical gate ppt, ppt ...
The reort says 25 firms including Essar Power, Hindalco, Tata Steel, Tata Power and Jindal steel and power gained Rs 1.86 crore from coal allocation. The coal allocation scam resulted in a deadlock in the parliament Loksabha as well as Rajhasabha for four consecutive days.
Jun 15, 2016· Claiming that there was no scam in coal sector, including that of coal block allocation in states, Union Coal Minister Sriprakash Jaiswal on Tuesday said, the .
Jul 21, 2017· New Delhi [India], July 21 (ANI): The Supreme Court today will hear the cases in connection with the coal block allocation scam. Earlier, Union Human Resource and Development (HRD) Minister Prakash Javadekar and Minister of State for Home Affairs Hansraj Ahir, had filed a plea asking for a re-investigation in the matter.
Mar 12, 2015· Dr. Singh and the Coal trail › March 2012 CAG's draft report accuses govt of 'inefficient' allocation of coal blocks in 2004-2009; estimates windfall gains to allottees at Rs 10.7 lakh ...
Nov 23, 2012· Coal allocation scam is a political scandal concerning the Indian governments allocation of the nations coal deposits to Public Sector Entities (PSEs) and private companies.• In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an ...
Mar 29, 2018· The Enforcement Directorate has attached assets worth Rs 603 crore of a Chhattisgarh-based company in connection with the money laundering probe in the coal blocks allocation scam.
Delhi court convicts 3 persons, firm in coal block allocation scam case; Delhi court convicts 3 persons, firm in coal block allocation scam case The court also held that "person deceived in the present matter was primarily MOC (Ministry of Coal), Government of India, through the Screening Committee route".
Apr 29, 2016· A special court in New Delhi has ordered framing of charges against industrialist Naveen Jindal, ex-minister of state for coal Dasari Narayan Rao, former Jharkhand chief minister Madhu Koda, ex-coal secretary HC Gupta, and others in Amarkonda Murgadangal coal block allocation case, news agency PTI reported. Get more India News and Business News on Zee Business.
May 22, 2017· Accusations ranged from malicious means for securing allocation, overstating net worth, non-disclosure of prior allocation and hoarding rather than the development of allocated resources. Industrialists like Naveen Jindal and Kumar Mangalam Birla have also found their name in FIRs in the Coal Scam probe.
Alleged Rs 10.7-lakh cr loss creates furore in Parliament
May 20, 2017· A judgment which convicted three former coal ministry officials for corruption in one of the cases related to the coal scam on Friday has also given a .
In a nutshell, the coal allocation scam, or 'Coalgate' as it is popularly referred to in the media, is a political scandal that engulfed the UPA government in 2012. The scam came to light after the Comptroller and Auditor General of India (CAG) accused the government of India for allocating 194 coal blocks to public and private enterprises ...
COAL ALLOCATION SCAM OR COALGATE COAL ALLOCATION.pptx (Size: 208.24 KB / Downloads: 78) INTRODUCTION Coal allocation scam or Coalgate, is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public .