WEBJun 23, 2020 · Coal Alloion: The full story. Coal mines in India are being opened for commercial mining for the very first time. While launching the auction process, the Prime Minister said coal mining will pave the way for development in the tribaldominated areas. But many experts believe that it will lead to natural calamities, displacement, and pollution.
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WEBDec 28, 2022 · COAL BLOCK ALLOCATION. Mines and Minerals (Development and Regulation) Act, 1957 . ... Commercial coal block auctions are conducted in a twostage online bidding process, which involves technical screening and submission of competitive initial price offer in the first stage, and a second and final stage where better price offers .
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WEBMar 4, 2015 · The audit noted that while an interministerial screening committee decided on the alloion of coal blocks to endusers in the private sector, the "minutes of the steering committee did not indie how each one of the applicants for a particular coal block was evaluated", rendering the process nontransparent.
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WEBMar 11, 2015 · Dr. Singh and the Coal trail › March 2012 CAG's draft report accuses govt of 'inefficient' alloion of coal blocks in ; estimates windfall gains to allottees at Rs lakh ...
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WEBNov 9, 2023 · The Centre has followed the spirit of the Supreme Court order on coal auctions. The coal sector was freed from distortions, vested interests and sectoral alloions and brought everyone to a level playing field for efficient, fair and fast alloion of coal blocks to achieve Atmanirbharata in coal production in the country.
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WEBDate. 1. Directions of the Central Government for auction of coal mines under the CM (SP) Act, 2015. Downloads. File size : KB. File type: PDF. . 2. Minutes of 4th meeting held on under chairmanship of Additional Secretary (Coal) to identify additional coal / lignite blocks for alloion under rule 3 (2) of the Coal ...
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WEBMar 11, 2015 · 1. The coal gate scam is the alloion of coal blocks to corporates of public centre entities (PSE) and companies and the private sector during the UPA rule under Prime Minister Manmohan Singh's mandate. The government alloes coal blocks through a process of competitive bidding. However, this procedure was not followed .
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WEBFeb 7, 2023 · The coal block alloion scam, also known as the "Coalgate" scam, involved the alloion of coal blocks to private companies without a transparent bidding process. The alloion was done at below market prices, leading to huge losses for the government. The scam was uncovered in 2012 and led to the resignation of several high .
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WEBThe Coal Alloion Scam, often known as the Coalgate Scam, occurred during the UPA government's tenure. It became relevant in 2012, when the thenComptroller and Auditor General (CAG) levelled charges against the government over the distribution of coal blocks to public and private firms. Between 1993 and 2010, a total of 216 coal blocks ...
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WEBApr 16, 2013 · The coal alloion scam involved the inefficient alloion of India's coal deposits to public and private companies by the government between . Around 194 coal blocks were alloed without an open auction process, resulting in potential losses of over 33 billion to the Indian exchequer.
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WEBMay 17, 2022 · A list of 143 coal blocks was prepared initially and inflated to 216 later. At that time, there were no concrete guidelines for alloion of coal blocks as coal mining was largely restricted to PSUs and many geographic loions were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003.
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WEBSep 30, 2015 · The auction had become sole mode of coal and lignite mines alloion after 2012, however, it was not applicable to alloion of mines for other minerals. While the Central Government will continue to conduct auction for coal and lignite mine blocks, the auction for all other mineral mine blocks will be conducted by the State Governments.
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WEBJun 4, 2022 · The Coal Ministry expects operationalisation of 58 coal blocks in 202223 and has set target of million ton coal production, an official statement said on Friday. "The Ministry of Coal has alloed coal blocks for captive end use and sale of coal/ commercial mining. million tonnes of coal has been produced in FY 202122 from .
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WEBNov 23, 2017 · The coal alloion scam involved the inefficient alloion of India's coal deposits to public and private companies by the government between . Around 194 coal blocks were alloed without an open auction process, resulting in potential losses of over 33 billion to the Indian exchequer.
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WEBChapter 2 – Audit Framework. ( ) Download. Chapter 3 Augmentation of Coal Production. ( ) Download. Chapter 4 Alloion of Captive Coal Blocks. ( ) Download. Chapter 5 Production Performance of Captive Coal Blocks. ( ) Download. Chapter 6 Conclusion and Recommendations.
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WEBMar 8, 2021 · Thus, the only Act governing mineral concessions including coal is MM(DR) Act, 1957, but there is huge disparity in the eligibility criteria for auction of noncoal blocks and coal blocks. Under the Coal Mines Special Provisions Act 2015 Subrule 5(e) of Rule 5 of the Coal blocks Alloion Rules, 2017, the capacity of the specified enduse ...
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WEBAug 20, 2012 · It is true that the process adopted post2004 was better than the practices followed during 1993 and 2004, when 60 blocks were doled out without any nonperformance clause or earnest money.
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WEBThe coal alloion scam, dubbed in the media as Coalgate, is a major political scandal concerning the Indian government's alloion of the nation's coal deposits to public sector enterprise (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 .
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WEBCoal blocks alloion arbitrary, says parliamentary panel Wants probe into screening committees' decisionmaking process April 23, 2013 03:18 pm | Updated November 17, 2021 04:37 am IST New Delhi
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WEBAlloion process. (1) In connection with the alloion of coal blocks the Central Government shall (a) identify the coal blocks for alloion as per the standard technical parameters; ... The process of auction of coal blocks shall be conducted through electronic auction, in accordance with the Act, these rules, the tender document and ...
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WEBJan 21, 2015 · CBI has examined Aditya Birla group Chairman Kumar Mangalam Birla in connection with alleged irregularities in the alloion of TalabiraII coal block to his company Hindalco in 2005.
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WEBUnion of India Section Section 9 in Coal Blocks Alloion Rules, 2017 9. Reauction and reallotment. On cancellation of auction process or allotment process pursuant to rule 5, rule 6 or rule 7, as the case may be, on account of any reason whatsoever, the Central Government shall have the power to initiate fresh process of auction or allotment of
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WEBSep 24, 2014 · While the 2012 verdict cancelled 122 telecom licences, the latest one had quashed alloions of 214 of 218 coal blocks. Both the judgements adjudied upon the process of alloion and not on the merit of the entities, granted the largesse. It has been ruled that the authorities exercised their power in an unfair, arbitrary and illegal manner.
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WEBApr 25, 2024 · A judgment came in 2014, which canceled the alloion of 214 coal blocks, terming the process "arbitrary and illegal." This decision necessitated a shift towards a more transparent coal block ...
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WEB1. Short title and commencement. (1) These rules may be called the Coal Blocks Alloion Rules, 2017. (2) They shall come into force on the date of their publiion in the Official Gazette. 2. Definitions. (1) In these rules, unless the context otherwise requires, . (a) "Act" means the Mines and Minerals (Development and Regulation) Act ...
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WEBSep 24, 2014 · The apex court had on August 25 held that all coal blocks alloion since 1993 by various regimes at the Centre have been made illegally and arbitrarily. The apex court, which had used almost all ...
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WEB(1) In connection with the alloion of coal blocks the Central Government shall (a) identify the coal blocks for alloion as per the standard technical parameters;(b) specify the manner of alloion through (i) auction; or(ii) allotment to Government Company or corporation under clause (a) of 6[the proviso to subsection (1) of Section 11A of the .
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WEBSep 23, 2014 · The Coalgate Scam was unearthed by the CAG report on alloions of coal blocks. CAG report alleged that a loss of Rs. lakh crore was caused to the exchequer because of a nontransparent and discretionary alloion process. The beneficiaries of the scam are private players who have made windfall gains and have .
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WEBAug 25, 2014 · The Supreme Court on Monday pulled up the Centre on coal block alloions and declared all >218 alloions made from 1993 to 2011 illegal and arbitrary. A Bench of Chief Justice Lodha and ...
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WEBUnion of India Section Section 6 in Coal Blocks Alloion Rules, 2017 6. Allotment. In respect of coal blocks, for which the Central Government has specified allotment to Government company or corporation under subclause (ii) of clause (b) of subrule (1) of rule 3, the Central Government shall prepare a document for the allotment process, that .
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WEBAuction/Allotment. Coal mining in India has been metamorphosed as far as the policy framework is concerned. From an earlier restrictive model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific enduse to permitting commercial sale of coal. The auctionbased regime .
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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