Friday, August 24, 2012

Coal Gate- Govt lies, Zero Loss and Non-Auctioning of coal



Read Jaiswal's reply in Lok Sabha on 21/8/2010.. By clicking on the Pic..

Jaiswal on 21/8/2010 to Lok Sabha that all states have agreed to auctioning of Coal Resources. 

A Meeting of State Government and Ministry of mines was convened. All Concerned state Minister were present along with Union Minister of Mines. All of them agreed to auction of Coal and accepted the recommendation of Union Of India.

As Early as 2010 State Governments agreed to auctioning of Coal. Congress led UPA Government can't blame the Government of Chattisgarh/Rajasthan/Odisha/West Bengal for Non-Auctioning of Coal. 

Government of India is trying to fool everyone by saying State Government opposed auctioning of Coal. Fact remains everyone accepted that auctioning of Coal Block is the way forward. Government of India failed to put in place a auction procedure. Government of India should be held responsible for the loss due to the Non-Auctioning of Coal. 

Natural resources come under the Union Government. State governments are just recommending authority. Section 11 A of the Bill Clearly says Union Government of India will be the one who will select the companies to which coal blocks will be allocated. State Government will give license to those companies in which are selected by the Union Government. 

Union Government of India selected all those companies which got Coal Blocks. State Government had no option but to give License to those people got coal blocks allocated by the Union Government. Union government of India should take the entire blame for non-auctioning of coal and loss to the exchequer due to acts committed by the government of India.

Union Government of India did not take the recommendation of Govt of Odisha and Chattisgarh to increase the royalty on coal. Both Govt of Odisha/Chattisgarh wanted the money generated from the increased royalty of coal be used to develop the Maoist affected and backward areas of the state. Govt of India did not agree to this suggestion as well. State Governments lost crucial finances due to the lethargy of the Union Government of India.

Government of Chattisgarh and Odisha recommended to the Union Govt that Coal Blocks be given to end users like Power Plants/Cement/ Iron & Steel industries, This suggestion of the state government were also ignored by the Govt of India

Coal Scam is more about fictitious firms and traders getting coal blocks and exporting coal.

Power Plants were supposed to have 35 days of coal stock but power plants across India is having just 7 days coal stock this has resulted in poor out from Coal based power plants. Traders instead giving coal to power plants they exported coal. Power sector suffered as result.

Government argument of Coal were not auctioned for rapid industrialization is a very bad argument. Industries Except in Gujarat and Chattisgarh are facing power Holidays varying 8-17 days month. Govt by not providing power to industries losing out on revenue in a Big Way. MSME are shutting shop across India. Govt argument that it lead to rapid growth falls flat. 

Government of India treated the suggestions and recommendation of State Govt with disdain, Can't blame CM's latter for Non- auctioning of Coal. Union govt has no locus standi to blame the Opposition for Coal Scam.

This government is know for retrospective taxation. why not charge the companies which got coal blocks with retrospective effect from 2004? What stops them from doing so? acceptance of guilt? 

Government of India is solely responsible for Coal Scam. There is no two ways about it. Its time Govt of India fix responsibility for this scam and take corrective steps.

Post Script- Media playing ball with Government of India and obfuscates facts from Public. Media fails to ask tough questions to the Congress and the government. Media needs to be more neutral. Media buys the Government Narrative on coal Scam. Pretty Dangerous....


1 comment:

  1. Hi frnd

    I am a bjp supporters, i know this scam is done by Cong and UPA itself, its jst dt BJP CMs dont know how to plan strategy to counter congress, they should do a press conf but dont know why they are not doing it.

    I would like your take on these letters.

    http://www.ndtv.com/article/india/what-rajasthan-chhattisgarh-govts-said-on-coal-block-allocation-policy-in-2005-read-letters-257469

    Thanks will wait for your response

    ReplyDelete