The Coal Allocation scam or the Coalgate scam is a scandal that took place during the UPA government tenure. It came into reckoning in 2012 after the then Comptroller and Auditor General (CAG) raised allegations against the government for allocation of coal blocks to public and private enterprises. Out of the total 216 coal blocks allocated ...
The move is aimed at reviving the auction process, which has remained in limbo with only 31 coal blocks having been auctioned since 2014. ... Coal Mines (Special Provisions) Act, 2015 enabled allocation of coal mines through transparent auctions; ... Click the link below to see the details about the UPSC Civils courses offered by Triumph IAS ...
Advertisement. The CAG in its final report earlier this week said private firms are likely to rake in Rs lakh crore from allocation of 57 coal blocks without competitive bidding between 2005 and 2009. Coal minister Sriprakash Jaiswal in his statements to the press purported gains accruing to the companies was unviable: We do not agree with ...
The Union Cabinet took two important decisions aimed at streamlining coal allocation to the power sector and making it more transparent and objective. ... This would go 'against the grain' of making the allocations transparent, unless the entire process is fully transparent. Thus, it appears, rather than powering the future of the ...
Introduction: The Centre launched the auction of 41 coal blocks for commercial mining, with the Prime Minister formally giving the green signal and expressed optimism that it will help in reducing dependency on imports. The move is aimed at reviving the auction process, which has remained in limbo with only 31 coal blocks having . Continue reading "RSTV: THE BIG PICTURE INDIA'S COAL ...
It was envisioned that the auction process of coal mines for commercial mining would give a thrust to adoption of newer and cleaner technologies like coal gasification and coal liquefaction. 20% rebate was, therefore, extended for quantity under coal gasification or liquefaction. Also, extraction of Coal Bed Methane was allowed for mine ...
UPSC Key—4th December, 2023: Coal phaseout, Cyclone Michaung and All India Judicial Service ... Cyclone intensification is a highly complex process influenced by a combination of different favourable atmospheric conditions such as the boundary layers, barotropic instability, wind shear, convection, Rossby wave, upper ocean circulation and ...
coal allocation scam. Another scam in a history of Indian. Coal mining controversy is major fraud in 2012, which involved Rs 1,86,000 Cr loss to exchequer . This is serious allegation against Prime Minister of India Dr Manmohan Singh who is in a serious scrutiny of the CAG which leads to protest against the leading political party NCP and Prime ...
allocation near all coal mines allocated after 1993. GoI enables allocation of coal mines through auctions by enacting the Coal Mines (Special Provisions) Act, 2015. ... The app aims to ensure transparency and efficiency in coal quality monitoring process and bring coal governance closer to people. The Cabinet Committee on Economic Affairs ...
1 In this article, Akshita Rishi who is currently pursuing IN BUSINESS LAWS, from NUJS, Kolkata, discusses the rules that govern the allocation of Coal Blocks in India. Introduction We often talk about conservation of our natural resources as they are limited in nature.
New Delhi: A Delhi court Wednesday sentenced former coal secretary Gupta to three years in prison, days after he was convicted in a case stemming from irregularities in the allocation of coal blocks in West Bengal under UPAII. Two other IAS officers — Kropha and Samria — convicted in the case were also awarded three years in ...
Ajay Shan and Subho Roy have this food for thought post on the recent licening of payments banks in India. Interestingly, they think bank licencing process is quite similar to the questionable coal block allocation process. This blog had also raised concerns Obviously given the hype around Indian central bank, this post is likely to be.
Reduction in Coal logistics costs is planned to be attained through measures that improve efficiency in transportation, cost optimization. technological upgradation etc. The strategy will involve: a. ROW (Rights of Way) of rail and roads and firstmile evacuation are planned as part of the mine allocation process.
Process: Coal gasification is a process in which coal is partially oxidised with air, oxygen, steam or carbon dioxide to form a fuel gas. This gas is then used instead of piped natural gas, methane and others for deriving energy.
Mineral Laws (Amendment) Act, 2020 It Amends the Coal Mines (Special Provisions) Act, 2015 [CMSP Act] Mines and Minerals (Development and Regulation) Act, 1957 [MMDR Act]. Provisions Allocation of coal blocks for composite prospecting licensecummining lease It will help in increasing of the inventory of coal, lignite blocks for allocation.
The Government approved the fading away of the existing Letter of Assurance (LoA) Fuel Supply Agreement (FSA) regime and introduced Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI), 2017, which was issued by the Ministry of Coal on 22 May 2017. The Government also approved amendments to the SHAKTI Policy ...
The Tariff Commission is being involved in pricing of coal for the Power Sector and to suggest modalities for pricing of coal for other sectors. · Import of Coal has been liberalized and has been placed under the Open General License (OGL). Import duty has also been reduced to 5%. · Allocation process for captive coal blocks has been streamlined.
Context: Ministry of Coal has approved a plan called the " Exploration of Coal and Lignite Scheme " with an estimated expenditure of ₹2,980 crore. Aim: The scheme aims to explore and estimate coal resources in the country, facilitating the preparation of detailed project reports for coal mining. This initiative plays a crucial role in ...
Allocation of coal blocks for composite prospecting licensecummining lease; ... Simplified the process of the mining plan approval process from 90 days to 30 days. ... revolutionised and simplified the way aspirants prepare for UPSC Civil Services Exam. Today it's India's top website and an institution when it comes to imparting quality ...
The coal reserves in India are billion tonnes. It is located in the east of India. The coal reserves in this area account for 24 percent of India. This state produces 15 percent of the total coal produced in India. Chhattisgarh has around 17 percent of the total coal reserves of the country.
Coals are classified into three main ranks, or types: lignite, bituminous coal, and anthracite. These classifications are based on the amount of carbon, oxygen, and hydrogen present in the coal. Coals other constituents include hydrogen, oxygen, nitrogen, ash, and sulfur. Some of the undesirable chemical constituents include chlorine and sodium.
Coal Allocation Monitoring System (CAMS) was also developed to monitor the allocation of coal by CIL to States, States to State Nominated Agencies (SNA) and SNA to such consumers in a transparent manner. Recently announced Reforms in Coal Sector Easing the process. Commercial mining of coal allowed, with 41 blocks to be offered to the private ...
Gupta has been embroiled in one of the most highprofile corruption scandals of the past two decades, the coal allocation "scam" or " Coalgate " as it is popularly known. It is centred on ...
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