Coalgate cag report pdf

Comptroller and auditor general of india wikipedia. Watch cag tables coal scam report in parliament, loss of rs 1. The report of the comptroller and auditor general cag, about the allocation of coal blocks to selected. The report of the comptroller and auditor general cag on the allotment of captive coal mines is a scathing narrative on the misgovernance and mismanagement of. The central point of the cag report that showed improper allocation was. Coalgate, as it was popularly known snowballed into a huge political. The central bureau of investigation cbi has registered new cases of alleged financial irregularities against two companies that were allotted coal blocks between in a draft report issued in marchthe comptroller and auditor general of india cag office voalgate the government of india of allocating coal blocks in an inefficient manner coalgxte the period click here to read full edit. Cag also continues to dialogue with acg on collaboration in the development of clinical practice guidelines with an aim to facilitate guideline development which optimizes resources in topic areas of mutual interest. The governments thrust after the coal scam report by the comptroller and auditor general of india cag is in the direction of cancelling allocations of coal. While the initial cag report suggested that coal blocks could have been.

Cag readying another report on coal block irregularities. Coal allocation scam or coalgate is a major political scandal concerning the indian. Allocation of coal blocks and augmentation of coal production by coal india limited. Cag the cag s final report on the coal block allocations will be tabled in the parliament today the report is not naming the prime minsiters office pmo pmo or the states and the blame is put solely on the steering committee, reports cnbctv18s pallavi ghosh quoting sources. The cag says that competitive bidding could have been introduced in by amending the existing administrative instructions. Political scandal concerning the indian governments allocation of the nations coal deposits to public sector entities pses and private companies.

Chapteri deals with the details of revenue receipts. Cag tables coal scam report in parliament, loss of rs 1. Report of the comptroller and auditor general of india union government commercial performance audit allocation of coal blocks and augmentation of coal production by coal india limited. At the initial report of cag only said that the blocks of coal could have been allocated with.

Exhibit a statement of net position modified cash basis 6 exhibit b statement of activities modified cash basis 7. Current and upcoming initiatives cag annual report 20 dd 4 604 2. Fix responsibility, dont nitpick, says cag official the hindu. Dec, 2017 cag s final report, tabled in parliament in august 2012, pegged the loss to exchequer at rs 1. This was a scam in india that shook the nation when it came to light. It was one of the most important and highlighted political scandals which was concerned with the allocation of the indian subcontinents coal deposits to private as well as public sector companies. The cag report triggered uproar with bjp making effects to corner upa on this issue and upa using all its force to defend itself. The companies thus favoured by the central government and its coal ministry included some of the biggest monopoly groups such as the aditya birla group, essar group, adani group, arcelor mittal and jindal. Cag report tabled in parliament reported that senior citizen concession accounted for 52. Aug 21, 2012 its report on coal blocks allocation, which estimated a loss of rs. Cag full audit report on coalgate,igia,ultra mega projects.

Aug 10, 2015 in a draft report issued in march 2012, the comptroller and auditor general of india cag office accused the government of india of allocating coal blocks in an inefficient manner during the period 20042009. The report of the comptroller and auditor general cag on the allotment of captive coal mines is a scathing narrative on the misgovernance and mismanagement of the countrys natural resources. Cag 17 aug singh addresses the question of legal authority in paragraphs 1418 of his parliamentary statement the draft report, stretching to over pagesfar more detailed and containing more explosive allegations than the toneddown final report of some 50 pageswas the document that sparked the coalgate furor. We are pleased to present this years annual water quality report consumer confidence report as required by the safe drinking water act sdwa. Coal until it is sold and cash is realized is a worthless stone. The year, or decade, is when the scandal was first reported. C cag is a joint powers agency serving san mateo county as the. In a rare rebuttal, the comptroller and auditor general of india cag on thursday described a newspaper report that it had indicated the government lost rs.

The essence of the cag s argument is that the government had the authority to allocate coal blocks by a process of competitive bidding, but chose not to. In haryanas kaithal, ndtv meets industrialist politician naveen jindal, who says he is certain he will fight the upcoming election from kurukshetra, his present constituency. May 22, 2017 after the cag submitted its final report to parliament, then prime minister manmohan singh read a statement that rebutted the report in the allegedpresumptive loss as well as the reading of the law. The comptroller and auditor general cag report 201718 tabled in the state assembly on friday has said that out of 2. Cags audit reports comptroller and auditor general of india. A pil moved in the supreme court sought cancellation of all the 194 coal block allotments. He had also said that the observations of the cag were disputed. City of coalgate coalgate, oklahoma june 30, 2016 table of contents city officials 2 financial section. A report by the comptroller and auditor general of india showed inefficient. The draft report, stretching to 110 pagesfar more detailed and containing more explosive allegations than the toneddown final report of some 50. The controller and audit general cag has arrived estimated loss based on the average cost of production and sale price of open cast mines of coal india during 20102011. Cag report on coal block allocation epub pdfin website. The coal allocation scam is also referred to as the coalgate scam. This report is designed to provide details about where your water comes from, what it contains, and how it compares to standards set by regulatory agencies.

Coalgate scam free download as powerpoint presentation. Cag has generally done a good job and kept a watchful eye on governments profligacy and violation of rules. In more recent times, cag has exposed mega corruption, such as in allotment of spectrum 2 g coal blocks known as coalgate and a host of other cases. The cag s final report on the coal block allocations will be tabled in the parliament today the report is not naming the prime minsiters office pmo pmo or the states and the blame is put solely on the steering committee, reports cnbctv18s pallavi ghosh quoting sources. Singh and the coal trail march 2012 cags draft report accuses govt of inefficient allocation of coal blocks in 20042009. Manmohan singh on monday attacked the comptroller and auditorgenerals cag report on the coal blocks allocation, saying any allegation of impropriety was without basis and unsupported by facts. The final cag report this was a much toned down report as compared to its draft version which appeared in the media. The report has pegged the loss caused due to allocation of coal blocks at rs 1. In a draft report issued in march 2014, the comptroller and auditor general of india cag office accused the government of india of allocating coal blocks in an inefficient. What is the coal scam all about in which exjharkhand cm. Still all the coal blocks were allocated without auction during the prime ministers tenure in the coal ministry. Such checks are essential to guard against wasteful expenditure. Coal allocation scam or coalgate, is a political scandal concerning the indian governments allocation of the nations coal deposits to public sector entities pses and private companies.

Government defense coalgate scam,additional arguments. Oct 29, 2018 final cag report on coal block allocation. After the cag submitted its final report to parliament, then prime minister manmohan singh read a statement that rebutted the report in the allegedpresumptive loss as well as the reading of the law. The cag is also the external auditor of governmentowned corporations and.

The government contended that the delay in introducing the auction process was a result of coalition politics. The report suggested a total loss of over rs 1,86000 crores to the government. But the report and the uproar it triggered in parliament has. Is the chopper deal scam another bofors in the making. In reply to a comment by goks to my blog on cag repor please wait. The much awaited comptroller and auditor generals report on coal block allocation was on friday tabled in the parliament. The coal allocation scam, popularly known as coalgate in media. Utouh controller and auditor general office of the controller and auditor general, national audit office. It not only brought down the windfall loss from 10. The cag report, leaked to the press in march as a draft and tabled in parliament in august, is a performance audit focusing on the allocation of coal blocks and the performance of coal india in the 200509 period. The cag report contains an executive summary and six chapters. The c cag board is comprisedof directors of representatives from every city, town, the county, and transportation agencies in san mateo county.

Thus, the give it up scheme, which started in 2017, encouraging senior citizens to give up their train fare concessions, is not encouraging enough. The cag also satisfies himself on behalf of the parliament as to the wisdom, faithfulness and economy of expenditure. The cag report, leaked to the press in march as a draft and tabled in parliament in august, is a performance audit focusing on the allocation of coal blocks and the performance of geport india in the 09 period. With the opposition targeting the government over cag report on coal allocation, prime minister manmohan singh is geared up to rebut in parliament the charges, contending that there were inaccuracies in the misleading assessment of loss of rs 1. Coal allocation scam or coalgate is a major political scandal concerning the indian governments allocation of the nations coal deposits to public sector enterprise pses and private companies. Controller and auditor general cag general report on lgas for 200809 vii constitutional obligations with the timely completion of the local government authorities report for the financial year ended 30th june, 2009. Aug 19, 2012 the cag report should have been approved by the supreme court before being tabled in the parliament, by not doing so, the cag is undermining the legislature and the people of india. Chapter 4 allocation of captive coal blocks pdf file that. The audit report comprises six chapters having two thematic audit and 23 draft paragraphs with the revenue implication of rs. This evidently implies that a copy of the draft report or some of its extracts are either in. Entries are arranged in reverse chronological order by year or decade, for older scandals. The government will come with a story on excessive availability of coal and hence there were no demand. At the initial report of cag only said that the blocks of coal could have been allocated with more efficiency and the government could have earned more profit. The final report of the comptroller and auditor general of india, which states that there was a likely gain of rs 22 mar an initial audit report estimating rs lakh crore loss to the exchequer on account of allotment of coal blocks during to without.

The cag has come to the conclusion that the governments decision to not auction 194 coal blocks between 2004 and 2011 meant that the country lost a huge amount in revenue. The comptroller and auditor general cag of india is an authority, established by article 148 of the constitution of india, which audits all receipts and expenditure of the government of india and the state governments, including those of bodies and authorities substantially financed by the government. The report of the comptroller and auditor general of india cag on coal block allotment to. Failure to introduce a policy of competitive bidding what coalgate is all about. In a nutshell, the coal allocation scam, or coalgate as it is popularly. The following is a list of scandals in india since independence, including political, financial and corporate scandals. Chapter 6, calculation and recommendation, contains suggestions for action by the coal minister, the coal controller and cil. The cag report has pointed out that in the process, a colossal sum of 10,67,303 crore rupees. It was brought to the special cbi court in delhi in seven trunks. Five important scam findings in cag report biharprabha news. In august 2012, the comptroller and auditor general cag 1 submitted to parliament the results of an investigation that found 142 coal blocks had been allocated to 57 private and stateowned companies through nontransparent. The comptroller and auditor general of india report when tabled in parliament has taken whole nation by storm.

Coalgate explodes the draft report overview the cag report is a performance audit focusing on the allocation of coal blocks and the performance of coal india in the 200509 period. Prime minister manmohan singh has rebutted the cags report and. The initial cag report didnt talk about corruption, rather inefficient allocation. Upa performance the cag report which was available at the time of posting this blog went missing after a couple of days in the link provided here. The real scandal lies beyond the numbers india vembu aug 22, 2012 10.

In a draft report issued in march 2014, the comptroller and auditor general of india cag office accused the government of india of allocating coal blocks in an inefficient manner during the period. The cag report on the allocation of 57 coalmining blocks in 2004 to 2011 said the government had lost as much as 1. In a draft report issued in march 2012, the comptroller and auditor general of india cag office accused the government of india of allocating coal blocks. The cag report claiming loss of 1,86,000 to national exchequer by not ensuring transparency during the period of 20042009. Congress will take on cag over coalgate report before pac. This is the 20th annual report for the citycounty association of governments of san mateo countyc cag. The upa government, however, said that the cag s presumptive loss theory was flawed. Independent auditors report 4 basic financial statements.

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