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Ex-Coal Secretary’s book released

May 28, 2017 12:25 am | Updated 12:26 am IST - HYDERABAD

Staff Reporter
HYDERABAD ,TELANGANA, 27/05/2017: Former Chief Vigilance Commissioner, Government of India, P.Shankar (third from left) Former Governor, Reserve Bank of India, Dr.Y.Venugopal Reddy (second from left) and Panelists, M.R.Vikram (left) Dr.Sanjaya Baru (right) at the launch of book “The Coal Conundrum- Executive Failure and Judicial Arrogance” by Former Coal Secretary P. C. Parakh at FTAPCCI Auditorium in Hyderabad on Saturday. 
--Photo: Nagara Gopal

HYDERABAD ,TELANGANA, 27/05/2017: Former Chief Vigilance Commissioner, Government of India, P.Shankar (third from left) Former Governor, Reserve Bank of India, Dr.Y.Venugopal Reddy (second from left) and Panelists, M.R.Vikram (left) Dr.Sanjaya Baru (right) at the launch of book “The Coal Conundrum- Executive Failure and Judicial Arrogance” by Former Coal Secretary P. C. Parakh at FTAPCCI Auditorium in Hyderabad on Saturday. 
--Photo: Nagara Gopal

Former Coal Secretary P.C. Parakh’s book ‘The Coal Conundrum’ was released here on Saturday by former Chief Vigilance Commissioner P. Shanker and former RBI Governor Y.V. Reddy.

Speaking on the occasion, Mr. Parakh said not opening the coal sector for commercial mining resulted in increasing dependence on imported coal. As a result, the Indian companies were forced to acquire expensive coal properties abroad.

Mr. Shanker wondered why the Rs.1.86 lakh crore involved in the coal scam some years ago was not recovered. Former media advisor to the Prime Minister Sanjaya Baru too spoke on the occasion.

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