SEARCH

National » Tamil Nadu

Updated: September 9, 2013 13:15 IST

State CPI chief blames Centre for falling value of rupee

Staff Reporter
Comment (1)   ·   print   ·   T  T  
09/09/13: Communist Party of India State secretary, D. Pandian told reporters here that India was importing coal despite having large quantities. File Photo
The Hindu 09/09/13: Communist Party of India State secretary, D. Pandian told reporters here that India was importing coal despite having large quantities. File Photo

Says missing files on coal block allocations pertained to fictional companies and called for an independent inquiry into the issue

Communist Party of India state secretary D. Pandian on Sunday blamed the economic policies of the Congress-led United Progressive Alliance Government at the Centre for the fall in the value of Rupee.

He told reporters here that India was importing coal despite having large quantities.

Of the 138 companies given permission to excavate coal, only four were involved in any mining activities.

He alleged that the remaining companies remained only on paper.

If all these companies had engaged in mining, India could have substantially reduced coal imports and also provided adequate stocks to thermal stations.

Mr.Pandian said that the missing files on coal block allocations pertained to the fictional companies and called for an independent inquiry into the issue.

The Communist Party of India also condemned the Centre’s decision to donate two warships to Sri Lankan government and urged it to scrap the move.

The party also called upon the Central Government to refrain from taking part in the Commonwealth Heads of Governments Meeting (CHOGM) to be held in Colombo in November.

He said that the Foreign Direct Investments and Foreign institutional investors (FIIs) were making huge profits, which were being taken out of India.

RELATED NEWS

CPI to launch of anti-corruption campaign November 30, 2010

More In: Tamil Nadu | National

good job

from:  asian bathroom sevice
Posted on: Sep 9, 2013 at 08:43 IST
This article is closed for comments.
Please Email the Editor

‘What will I do with a cheaper LED TV or a mobile phone?’ »

Gujarat, Rajasthan and Punjab: The Need for a Border States Group

The aim of the research report by Tridivesh Singh Maini is to examine the approach of the political leadership, as well as the business community, in three ‘border States’ towards India-Pakistan ties.This paper has sought to look at a number of factors, which include politics, economics as well as security issues.Read Article »

Tweets @the_hindu

Resources

More Resources »

Social


Please remember to logout of facebook after you complete this session.

O
P
E
N

close

Recent Article in Tamil Nadu

‘It lacks roadmap for tax reforms’

‘The budget missed the opportunity to provide initiatives for job creation’ »