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BJP spokesperson Shahnawaz Hussain said that his party would plan a Bofors-like campaign to highlight Congress party's role in Coalgate.

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Joint statement issued by  Sushma Swaraj, Leader of Opposition (Lok Sabha) and Arun Jaitley, Leader of Opposition (Rajya Sabha) on Coal Scam


Amid intense pressure from the opposition on the subject of alleged loss to the exchequer owing to faulty process of allocation of coal blocks - as documented by a report by the Comptroller and Auditor General (CAG) of India, Prime Minister Manmohan Singh today put forth his views on the subject.

Read the full text of PM's speech here:

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Is the BJP Correct in Stalling the Parliament to Stress its Demand of the Prime Minister's Resignation

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Should Prime Minister Manmohan Singh Resign Over the CAG Report on Coal Blocks Allocation


Government auditor CAG on Friday said private firms are likely to gain Rs.1.86 lakh crore from coal blocks that were allocated to them on nomination basis instead of competitive bidding, which amounted to the loss to national exchequer.

The CAG in its report, tabled in Parliament, names 25 companies including Essar Power, Hindalco, Tata Steel, Tata Power and Jindal Steel and Power which have got the blocks in various states.

The CAG report on the Delhi airport said that the decision by the Civil Aviation Ministry to award the contract for the Delhi airport to GMR caused humongous losses to the tax payers and passengers.

It said that land was given to the company at much lower rates than even to government organisations like the DGCA and the BCA. The CAG has pegged the losses at about Rs 3750 crore.




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Do You Believe That Bofors Case Should Now Be Closed?

 

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