November 23, 2024 19:06 (IST)
Follow us:
Supreme Court to pass verdict on coal scam petitions
New Delhi, Aug 25 (IBNS) The Supreme Court on Monday is likely to rule on petitions seeking the scrapping of coal block allocations during the previous UPA regime.
According to media reports, Chief Justice of India RM Lodha has examined the allegations of corruption in coal block allocations in various states.
The Central Bureau of Investigation (CBI) is probing the scam.
The coal scam had sprung into headlines after the Comptroller and Auditor General's (CAG) report on coal block allocation estimated a loss of Rs 1.86 lakh crore to the national exchequer owing to irregular allocations.
The CAG named 25 private companies as beneficiaries of coal block allocations in various states. They included companies like Essar Power, Hindalco, Tata Power, Tata Steel and Jindal Steel and Power Ltd.
The allocations date back to the time when Prime Minister Manmohan Singh was holding the portfolio.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
It is a win for development and good governance, says Narendra Modi after landslide victory in Maharashtra Sat, Nov 23 2024
Priyanka Gandhi Vadra registers record win by over 4-lakh vote margin from Wayanad on election debut Sat, Nov 23 2024
Death of Gujarati family while trying to cross US-Canada border: Indian national Harshkumar Ramanlal Patel among 2 convicted Sat, Nov 23 2024
Priyanka Gandhi Vadra makes strong impact on election debut, takes over 3-lakh lead in Wayanad by-polls Sat, Nov 23 2024
What is Ladki Bahin Yojana heavily credited for Mahayuti's landslide win in Maharashtra? Sat, Nov 23 2024
Mahayuti routs MVA in Maharashtra, INDIA retains Jharkhand; Priyanka's triumphant poll debut Sat, Nov 23 2024
Will Devendra Fadnavis return as Maharashtra CM after BJP emerges as single largest party? Sat, Nov 23 2024
How can Mahayuti win over 200 seats? Sanjay Raut cries foul over Maharashtra mandate Sat, Nov 23 2024
Mamata Banerjee's TMC set to clean sweep West Bengal bypolls Sat, Nov 23 2024