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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.

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 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.
 

The Minister of Communications and Information Technology Kapil Sibal launched India’s Open Government Platform (OGPL) here today. Jointly developed by India and the US, OGPL is a software platform which aims to provide enhanced public access to government data and documents, and spur citizen engagement and interface with the Government.

The role of Union Home Minister P Chidambaram in the 2G spectrum allocation scam will not be investigated and he cannot be made a co-accused in the case, a Delhi court ruled on Saturday while dismissing Janata Party President Subramanian Swamy's petition.

Here is the full text of Special Central Bureau of Investigation (CBI) Judge OP Saini order on Swamy's plea against Chidambaram:

The Indian telecom sector has witnessed tremendous growth over the past decade. Today, Indian telecom network is the second largest in the world after China. A liberal policy regime and involvement of private sector has played important role in transforming this sector.

The Supreme Court on Monday refused to pass any order on Gujarat chief minister Narendra Modi's alleged inaction to contain riots in 2002 and left it to the concerned magistrate's court to decide the course of action against him on the basis of the SIT report. 

The CAG has come down hard on the Civil Aviation Ministry over the decision to acquire 111 planes for Air India through debt, calling it "a recipe for disaster" and also on the merger of the two erstwhile state- run carriers. Read the Executive Summary of the Report (pdf).

The Comptroller and Auditor General (CAG) today sharply criticised Reliance Industries and the Oil Ministry for violation of contract over the showpiece KG-D6 gas block and called for revamping the current profit-sharing arrangement that reduces government revenues. Read the Executive Summary of the report (download pdf).

 

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