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Coal allocation scam (or Coalgate) is a major political scandal concerning the Indian government''s allocation of the nation''s coal deposits to public sector enterprise (PSEs) and private companies. 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 ...
Aug 28, 2014· Supreme court of India might end the larger looming problem once for all when it would be ruling on this issue on September 1 next month. Lets go back a little and look the root cause of this issue. Coal Nationalization Act 1972 It gives power...
Jul 23, 2016· Here''s a list of the 10 most mindnumbing scams that were a major blow to the Indian economy and reputation: 1. Commonwealth Games scam ... Indian coal allocation scam. Also known as the Coalgate ...
A BJP leader told Times of India: "The coal allotment scam is a major scam. We demand a CBI probe and a court should monitor the probe. It is a government of scamsters (that is) involved in knee ...
Aug 26, 2014· Coal scam: SC decision likely to create overhang, says Barclays. The Supreme Court''s decision that all coal blocks allocated during 1993 to 2010 by the government have been allocated illegally and arbitrarily, is likely to create overhang in the sector, according to a report.
The Importance of Coal to India''s Economy ... Indian coal has high ash content (1545%) and low calorific value. Coal accounts for about 67 percent of the total energy consumption in India. The ...
For coal, another reason is that the Indian Government has a policy goal of selfsufficiency in coal production (Goyal 2016). Coal currently accounts for 44 per cent of primary energy demand and this share has risen over time as s have transitioned from the use of traditional biomass (wood, straw, charcoal and dung) (IEA 2015).
May 03, 2016· Scams that shamed India: 5 biggest scams in Indian history. ... CWG Scam "India faced several socioeconomic challenges and to instead spend on a grand sporting spectacle sounds like we [India] have got our priorities wrong." ... The coal blocks were not in the production plan of coal by Coal India Ltd. A total of 70 coal mines were allocated ...
Today we will take a look at 10 biggest corruption scams in Indian History. They have been known as the milestone corruption cases of India which caught mass attention but did not have any corrective effects on the society as the series is continuing till date.
Mar 28, 2016· First verdict in coal scam likely to be pronounced today. A special court is likely to pronounce on Monday its first judgment in the coal scam in which Jharkhand Ispat Pvt Ltd (JIPL) and its two directors are facing trial in a case of allotment of a coal block in Jharkhand
In the past decade or so, India has been victim to a number of audacious financial scams. They not only exposed the flaws in the system but showed the depths of human greed. While some of them reached their natural end and some are being fought in courts, they have only damaged and scarred innocent people''s lives. Here are seven such scams.
Start studying Impacts Of MNCs Coca Cola In India. Learn vocabulary, terms, and more with flashcards, games, and other study tools.
What Is The Environmental Impact Of The Coal Industry? ... Coal production. Coal mining, the process of extracting coal from the ground, is a common economic activity around the world. Coal is removed in a number of ways including: contour mining, strip mining, and mountaintop removal. ... coal processing has a negative effect on human health ...
Coal mining has several negative effects on the health of the body that often times go unrecognized or just simply ignored. Many people have died from mining for various reasons such as the collapse of the mines as well as respiratory diseases caused by mining.
Want to know what the ''Coalgate'' scam is all about? Here are the 7 things you must be familiar with: #1 What is the coal allocation scam? In a nutshell, the coal allocation scam, or ''Coalgate'' as it is popularly referred to in the media, is a political scandal that engulfed the UPA government in 2012.
"Clean coal" has once again become a hot topic, but most people don''t seem to know what it actually is or if it is even a real solution rather than just a marketing gimmick. Therefore, I want to talk about what it is, whether it delivers on its promises, and whether it is economically viable..
Nov 15, 2017· Coal impacts: water pollution. When you burn charcoal in your grill at home, ash is leftover. The same is true for coalfired power plants, which produce more than 100 million tons of coal ash every year. More than half of that waste ends up in ponds, lakes, landfills, and other sites where, over time, it can contaminate waterways and drinking water supplies.
Find the latest energy news, views and updates from all top sources for the Indian Energy industry. Find the latest energy news, views and updates from all top sources for the Indian Energy industry. ... SC declines to stay CBI investigation into involvement of PMO officials in coal scam case 10 hrs ago. Bill Gates buys Rs 4,600 crore hydrogen ...
Feb 10, 2020· coal scam Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. coal scam Blogs, Comments and Archive News on Have you read these stories? Decks cleared for MM to take the wheel of Ford''s ailing India biz. ... Coal India arm to receive Rs 1,240 crore for 2 years to explore blocks for auction
Mining scams in India Jump to ... The spillover of the effects of legal mining into issues such as Naxalism and the distortion of the Indian political system by mixed politics and mining interests, has gained international attention. The latest scam that has come out is the Coal Mining Scam in which Government has had a ...
Economy; Coal Scam: SC reserves order on cancellation of 218 blocks. ... By way of affidavit, the Centre put on record the statement made by Attorney General that "the Union of India was not in favour of constitution of any committee to look into the consequences of the judgement,, declaration of allocation as illegal in the interest of ...
With respect to future economic growth, India plans to target GDP growth of 9% for the next FiveYear Plan period, which is higher than China''s target GDP growth rate of 7%. Therefore, it is reasonable to expect that India''s net coal imports will continue to rise rapidly in the future.
Aug 18, 2016· The Top Corruption Scams in India 1. Indian Coal Allocation Scam – 2012 – 1,86,000 Crore While many think that 2G scam remains the biggest one in size in India. But this coal allocation scam ...
Sep 09, 2019· NBFC crisis and its domino effect on Indian economy. ... But, because mutual funds like DSP, HDFC and others were hit by the ILFS scam, they stopped their funding to .
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