Published Aug 27 2012 by

Manmohan Singh to address Parliament over CAG report on coal scam

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New Delhi, Aug 27 : The Prime Minister, Dr. Manmohan Singh, will make a statement in both houses of Parliament on Monday over the CAG report on coal blocks allocation.

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Jaiswal urges BJP not to disrupt Parliament, sa... [Published - Aug 27 2012]
Sushma Swaraj says ''Silent PM has no answers t... [Published - Aug 27 2012]


...nfortunate the BJP "s move not to allow discussions to take place."
"I repeat and the Finance Minister of India must know better that there is a huge opportunity lost to the Government of India. The opportunity that the Government of India could have exploited now rests in the private hands. So, even without actual mining starting, the Government of India has lost control over the mines. The right to mine now belongs to private parties. The Government has already suffered the opportunity cost and the valuations of these 142 people have sky rocketed" he added
"Once coal blocks are allocated, the right to mine today rests with those 142 private allottees and not with the Government of India. Even without actual mining, the government has lost control over those mines at a throwaway price. There is a huge opportunity lost" said Jaitley

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