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UPA Coal scam!

Discussion in 'National Politics' started by Psynex, Jun 20, 2011.

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  1. Psynex

    Psynex FULL MEMBER

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    I was just looking at the news and they seem to have uncovered a new scam of the UPA government involving coal worth 40 Lakh Crores!!!

    I tried to search for a source on the net but could only find this which states a different amount.
     
  2. xXX-Nair:::Saab-XXx

    xXX-Nair:::Saab-XXx Major SENIOR MEMBER

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    Old news already raised by BJP...the amount was 85000 crores...

    BJP alleges coal scam under UPA
    The BJP on Monday demanded a Supreme Court-monitored probe into an alleged multi-crore scam related to allocation of coal blocks across the country by the UPA government. Accusing UPA government of allocating 73 coal blocks across the country free of cost to 143 private companies between 2006-09 when the coal ministry was with the Prime Minister, BJP MP Hansraj Ahir claimed this had led to a loss of Rs 85,000 Crore to the exchequer.

    BJP alleges coal scam under UPA - Hindustan Times

    "Government introduced Mines and Minerals (Amendment) Bill in 2006, which proposed auction in place of free allotment on First-Cum-First-Served-User basis. The rush followed and the government, which should have stopped the allotments till the successful passage of the Bill, instead surreptitiously gifted coal blocks to the private parties in the interregnum," Ahir said.

    "BJP demands an immediate Supreme Court-monitored inquiry and a special audit by CAG, into the Coal Scam," BJP spokesperson Prakash Javadekar said.

    17 billion metric tonnes (BMT) of coal reserves worth Rs 51 Lakh Crore were allotted in these four years before the Bill was passed, Ahir said.

    "51 companies were allotted coal blocks in 2006, 19 companies in 2007, 41 companies in 2008 and 32 companies in 2009. The going rate, as alleged by the business circles, is Rs 50 per metric tonnes. Thus, more than Rs 85,000 crore changed hands during the four-year coal scam," he said.

    Shibu Soren had resigned as Coal Minister in 2006 and the Prime Minister kept the porfolio with him till 2009 when Sri Prakash Jaiswal was given the charge of the ministry.

    "BJP demands explanation from the Prime Minister about this loot of precious natural resources, as the culpability of the Prime Minister is clearly established," Ahir said.

    The main opposition will raise this issue in Parliament during the forthcoming Monsoon session.

    "The modus operandi of the 2G scam with this Coal scam seems to be similar. Rules were bent, definitions were changed, modalities were distorted to benefit the allottees. Illegal gratification was obtained by using the aforementioned Bill as an instrument," Ahir said.

    Making further comparisons with the 2G scam, the BJP MP said many of the allottees sold their allotted coal blocks to other companies at a hefty premium.

    "Only 2 out of these 143 companies' allotments have actually started production. BJP demands immediate cancellation of nearly 90 private companies coal blocks whose time limit for commencement of production has lapsed," Ahir said.
     
  3. JanjaWeed

    JanjaWeed Captain SENIOR MEMBER

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    lol.. nothing would surprise me anymore!! Manmohan singh will go down in the history as the cleanist PM to head the most corrupt government ever in the history of India!! God bless him...
     
  4. Psynex

    Psynex FULL MEMBER

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    I think the news was about new evidences that support BJP's initial claim.
     
  5. Kronus

    Kronus Lieutenant SENIOR MEMBER

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    The captain of a sinking ship who refuses to step down. He may also be remembered as the the LAST Congressman EVER to become the Prime Minister of India.:rofl::rofl::rofl:
     
  6. xXX-Nair:::Saab-XXx

    xXX-Nair:::Saab-XXx Major SENIOR MEMBER

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    Who said Puppet singh is Not corrupt... See This Video Of X IT department Head...

    [video]https://www.youtube.com/watch?v=gvYLLx_nJoY&feature=player_embedded[/video]
     
  7. Skull and Bones

    Skull and Bones Doctor Death Staff Member MODERATOR

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    OMG!!! 40 lakh crores??

    I want to join UPA :toast_sign:
     
  8. JanjaWeed

    JanjaWeed Captain SENIOR MEMBER

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    lol.. lakh aur karod ka koi ijjat hi nahi bacha!! this is every other day thing now!!:lol:
     
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  9. JanjaWeed

    JanjaWeed Captain SENIOR MEMBER

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    lol.. people say power corrupts!! looks like it's other way round now.. power attracts the corruptible!!
     
  10. JanjaWeed

    JanjaWeed Captain SENIOR MEMBER

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    looks like he made his mind up to retire after this term!! so.. why not.. maybe he thought.. 'main bhi behti ganga mein haath dho dalu'!!
     
    Last edited: Jun 20, 2011
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  11. Kronus

    Kronus Lieutenant SENIOR MEMBER

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    He can't help it, he knows for sure that he ain't coming to power in this life. So make Hay while the Sun Shines@...
     
  12. Star Wars

    Star Wars Captain SENIOR MEMBER

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    I knew there was some money missing from my bank account....
     
  13. StingRay

    StingRay 2nd Lieutant FULL MEMBER

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    This reminds me of a mail fwd I got a few days back. And I would classify these corrupt scumbags in the 4th category rather than the 3rd.
    Here it goes...

    Most 'First Class' students get technical seats, some become Doctors and some Engineers.
    The 'Second Class' pass, and then pass MBA, become Administrators and control the 'First
    The 'Third Class' pass, enter politics and become Ministers and control both.
    Last, but not the least, The 'Failures' join the underworld and control all the above.
     
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