It is Rs37,80,000,000,000 loss to the country

August 18, 2012
coal_block

New Delhi, August 18: The CAG reports on allocation of coal blocks, ultra mega power projects and public private partnership in Indira Gandhi international airport have put the UPA government in a tight spot as the revenue loss from these projects amount to a whopping Rs3.78 lakh crore approximately.

Terming it the “biggest ever scam”, the Opposition immediately went for the government’s jugular. For the next few days, one can expect Parliament to witness pandemonium over this as the BJP-led NDA sharpens its claws and prepares to launch a frontal assault on the government.

To make the calculation simpler, let us look at the breakup: For coal allocation, the loss is Rs1.86 lakh crore, for the power projects it is 0.29 lakh crore and for the Indira Gandhi international airport 1.63 lakh crore (as quoted by the Delhi International Airport Limited). The CAG has a conservative figure of Rs24,000 crore.

For the government, this was a huge loss of face because it was prime minister Manmohan Singh who held charge of the coal portfolio when the coal blocks allocations were done. Going by the figures revealed by the CAG (Comptroller and Auditor General), the coal block allocation scam alone is the biggest ever and has caused the government a staggering loss of Rs 1.86 lakh crore. This surpasses the figure of the 2G scam, which hovered around Rs 1.76 lakh crore.

Even as the Opposition demanded Singh’s resignation, the Congress fielded Manish Tiwari to take the brunt of the NDA criticism. Tiwari was scathing in his attack on the CAG reports.

“When the coal blocks have been allotted for captive use and the coal is not for sale, how can the auditor arrive at any figure of the gain that would accrue to the allottees?” he asked.

Stressing that even in the 2G case, the Supreme Court had not endorsed the CAG’s concept of a presumptive loss, Tiwari said the CAG’s calculations have, in fact, no basis.

On the other hand, summarily dismissing the Opposition’s demand for Singh’s resignation, Union coal minister Sriprakash Jaiswal said, “The ministry does not agree with the assessments made by the auditor. There was nothing wrong with the process of finalising the allottees as it was done under the existing process.”

The BJP was unfazed by the Congress logic and its assertions against the CAG. The party made a simple point. It went on insisting that Singh should take moral responsibility and resign. After all, between 2004 and 2009, Singh was for the most part the minister for coal except for brief periods when Jharkhand Mukti Morcha leader Shibu Soren took charge of the portfolio.

BJP leaders Sushma Swaraj and Arun Jaitley came down heavily on the prime minister holding him directly responsible for the loss of Rs1.86 lakh crore to the exchequer. The BJP leaders pointed out that the CAG had shown how the government had not implemented its own decision to allow competitive bidding — a decision which was taken on June 18, 2004.

“He [Singh] has to seriously introspect, impose on himself the moral censure of quitting himself,” Jaitley said.

Swaraj said the party would go on demanding the resignation of the prime minister in Parliament.

In these politically impactful reports, the CAG has slammed the UPA government for delaying the competitive bidding process in the allocation of coal blocks. According to the report tabled in Parliament, 57 coal blocks were allocated to private sector companies that may have resulted in windfall profit for the companies while the government suffered heavy losses.

In another report on ultra mega power projects, the CAG has questioned the government’s decision to allow Reliance Power to use excess coal from the allocated blocks for its other projects.

According to the CAG report, Reliance Power, at the time the contract was awarded, had said the company would be able to use 20 million tonnes from the two blocks and there would be sufficient coal for the Sasan UMPP.

In the same report, the CAG has urged the government to review the award of the Chhatrasaal coal block to Reliance Power for providing level playing field to other power developers. The CAG has pegged the profit of the private power company to Rs29,033 crore.

These three critical reports meant yet another beating for Congress that already has a battered image. Already, the government, suffering from a policy stasis because of a lack of political consensus, has failed to defend itself in the face of huge and unprecedented corruption charges.

Now, the coal block allocation scam threatens to taint the Mr Clean persona of the prime minister. The Congress will require a lot of positive energy to emerge from this crisis with its head held high.


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News Network
June 24,2020

New Delhi, Jun 24: In a stinging attack on the Gandhi family of the Congress, BJP president J P Nadda on Wednesday said a dynasty and its courtiers have "grand delusions" of the opposition being about itself and stated that a "rejected and ejected" family is not equal to the entire opposition.

In his tweets, Nadda said it was the time for unity and solidarity, and the "relaunch of the scion for the nth time can wait", an apparent dig at Rahul Gandhi, who has been aggressive in his attacks on Prime Minister Narendra Modi for his handling of the border row with China.

Nadda said India lost thousands of square kilometres of land due to the "misadventures of one dynasty" and claimed that the Siachen glacier, where the Indian Army has a strong presence, was almost gone. No wonder India has rejected them, he said.'

The BJP president posted a news report to back his assertions about Siachen.

"One 'royal' dynasty and their 'loyal' courtiers have grand delusions of the Opposition being about one dynasty. A dynast throws tantrums and his courtiers peddle that fake narrative. The latest one relates to the Opposition asking questions to the Government," Nadda said.

Though he did not directly name the Gandhi family or any of its members, the reference was clear.

He said it was the opposition's right to ask questions and added that the all-party meeting called by Prime Minister Narendra Modi saw healthy deliberations, with several opposition leaders giving their valuable inputs.

They also fully supported the Centre in determining the way ahead, Nadda said.

"One family was an exception. Any guesses who," he asked.

Targeting the Gandhis, the BJP president said, "One rejected and ejected dynasty is NOT equal to the entire Opposition. One dynasty's interests are not India's interests. Today, the nation is united and supportive of our armed forces. This is the time for unity and solidarity. Relaunch of 'the scion' for the nth time can wait."

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News Network
March 18,2020

Muzaffarpur, Mar 18: Prisoners in the central jail here are working overtime to produce facemasks to prevent the deadly COVID-19 striking. In addition to providing protection to fellow inmates and prison staff, the produce will be shared with nine district and sub jails falling under Muzaffarpur Central Prison as well, Deputy Superintendent of the jail Sunil Kumar Maurya said. From supplications at places of worship to hectic activities at the biggest hospital, this north Bihar district is witnessing invocation of all powers, human and otherwise, to prevent novel coronavirus hitting them.

Although nobody has so far tested positive for the dreaded virus in Bihar, where the state government has imposed a semi-lockdown as a preventive measure, Muzaffarpur which hit the headlines last year for losing close to 200 children to an outbreak of brain fever seems determined not to fall prey to yet another virulent affliction.

On making of facemasks by about 50 prisoners, the Deputy Superintendent of the jail said, "We have had a tradition of producing fabric at the Muzaffarpur Central Jail. An idea was floated why not use the skills acquired for producing masks which are in great demand but in short supply.

The local administration seems impressed with the endeavour of the social outcasts to rise to a global challenge.

"It is a welcome step. Despite all precautions, we never know who is going to catch the infection at which place. The efforts by prisoners to protect themselves and the staff manning their premises is laudable. "Full assistance will be provided to Central Jail authorities in supply of the masks to other prisons," Sub Divisional Magistrate (East) Kundan Kumar said.

A conservative town inhabited by a deeply religious citizenry, Muzaffarpur is also witnessing prayer congregations at temples and mosques in keeping with the tradition here of people of all faiths coming together when faced with a major challenge.

The Garib Nath temple, a renowned shrine devoted to Lord Shiva which attracts devotees from far and wide, is witness to the power of faith trumping the biggest fears as the footfall seems to have increased since the outbreak.

The temples mahant Vinay Pathak says, "faith can move mountains. People come here in search of strength to face a crisis which has caused worldwide scare. We advise the visitors to conduct regular 'havans' at their houses just like we have been performing here. "The smoke emitted by burning of purified offerings cleanses the air and, who knows, could be an antidote as well," Pathak added.

Chanting of 'Mahamrityunjay mantra', which the faith believe to be potent enough to dispel illness and untimely death, is taking place round the clock at the shrine in addition to 'havans', the mahant said.

Just a few yards away stands the Chhata Chowk mosque where large number of devotees appear in skull-caps to offer namaz.

"It is a pandemic threatening to engulf the entire world and dua (prayers) are needed as much as dawa (medicines). May God, who is one, listen to the common wish expressed by humanity in myriad ways," says Imtiaz Ahmed, a devout local resident.

Meanwhile, the health authorities are busy with their own efforts, not leaving prevention and cure to divine intervention.

District Medical Officer Shailesh Kumar Singh says a total of 42 people here who have come from abroad, have been tested but their results have been negative.

"Nonetheless, a five-bed special ward has been set up at the Sadar Hospital, manned by medical staff armed with a special kit comprising medicines and other logistics required for primary care of those with suspected symptoms," he said.

The SKMCH referral hospital, which bore the brunt of last years brain fever epidemic accounting for over 120 deaths is fully geared up to meet the latest challenge.

SKMCH superintendent Sunil Shahi says "we have a 30- ward insulation ward ready. Samples of patients with suspected symptoms are being routinely sent to RMRI, Patna. We appeal to all to remain alert, but avoid panic."

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Agencies
August 3,2020

New Delhi, Aug 3: President Ram Nath Kovind and Prime Minister Narendra Modi on Monday extended warm greetings and good wishes to the countrymen on the occasion of Rakshabandhan.

The President in his message said, "Greetings on Raksha Bandhan! Rakhi is the sacred thread of love and trust that connects sisters with brothers in a special bond. On this day, let us reiterate our commitment to secure the honour and dignity of women."

"Many wishes to all the countrymen on the auspicious occasion of Rakshabandhan," Prime Minister Modi tweeted in Hindi.

Rakshabandhan, which is being celebrated today, is a celebration of the unique bond between brothers and sisters. Tying of the Rakhi by sisters, symbolises love, affection and mutual trust between brothers and sisters. 

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