‘CAG report on coal blocks to be tabled in monsoon session’

August 08, 2012 01:59 pm | Updated July 21, 2016 07:04 am IST - New Delhi

Union Finance Minister P. Chidabaram. File Photo

Union Finance Minister P. Chidabaram. File Photo

The much awaited Comptroller and Auditor General’s reports on allocation of coal blocks and GMR-run Delhi Airport will be tabled in Parliament during the current session, Finance Minister P. Chidabaram said on Wednesday.

“The CAG reports were received in the Ministry of Finance on May 11, 12th and 13th were Saturday (Sunday), so it was put up to the Finance Minister on May 14 and we approved sending of the reports to the President,” he told reporters in New Delhi.

“The reports were sent on May 16, it was received back from the office of the President on May 26 at 2:30 p.m., by that time the House was in the process of being adjourned, therefore it was not laid on the table of the House at the end of the last session,” he said.

On being asked whether these reports will be tabled in this session, “Yes”, he said.

“This morning we have issued notice to both Lok Sabha and Rajya Sabha requesting the Speaker and the Chairman to fix a date to lay the reports on the table of both the houses simultaneously, once they give us a date we will lay all the three reports. There is no delay at all,” he added.

The CAG report on allocation of coal blocks between 2004 and 2009 without auction is expected to peg the value of “undue benefits” that the government extended to private entities alone at more than Rs. 1.8 lakh crore.

The draft CAG report on coal allocation has alleged undue benefits of Rs. 15,849 crore to Reliance Power, by way of surplus coal allocation for two of its Ultra Mega Power Projects (UMPPs). The draft report pegs benefit to Reliance Power from surplus allocation for the Sasan UMPP at Rs. 4,875 crore.

CAG has found that Delhi International Airport Ltd (DIAL), which operates the Delhi’s airport in partnership with the Airports Authority of India, is losing vast amounts of revenue through under-utilisation of land granted to it at concessional rates.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.