Indian coal allocation scam Current Affairs, GK & News
Journalist Nileena MS, a reporting fellow with The Caravan, has won the prestigious ACJ Award for Investigative Journalism in print/online category for the year 2018. She won the award for her story titled “Coalgate 2.0: The Adani Group reaps benefits worth thousands of crores of rupees as the coal scam continues under the Modi government”. ..
Topics: ACJ • Adani • Adani Group • Companies based in Ahmedabad • India • Indian coal allocation scam • Investigative journalism • Rajasthan Rajya Vidyut Utpadan Nigam • States and union territories of India • Vidyut
As per the audit report of the Comptroller and Auditor General (CAG) of India, allocation of coal blocks without bidding has caused a huge loss of 1.86 lakh crore to the India’s exchequer. As per the report, 57 coal blocks that were allocated to private companies during 2004-2009, offered them a windfall gain of Rs ..
Topics: 2G spectrum case • BSE SENSEX • Criminal investigation • Government of India • Hisar • India • Indian coal allocation scam • Jindal Steel and Power • Lok Sabha • Manmohan Singh • Political corruption in India