parsing the list of allocated coal blocks throws up some interesting patterns. for instance, some companies got coal blocks that would last them less than five years. others got enough coal to last them over 200 years. similarly, the top ten business groups garnered as much as 20% of all the reserves alloted, the top […]
Monthly Archives: August 2012
one of the major strands of media reporting in the aftermath of the coal report being tabled in the parliament is whether the cag report got its arithmetic right. all manner of reporters and pundits have been loudly arguing that it presents too inflated a number. the finance minister has recently said that there was […]
close to four months after the finance ministry decided to split the country into 20 clusters and to appoint a common banking correspondent for all public sector banks in each cluster, how are things coming along? the latest update, here.
following from the previous story, this one too says that corruption in coal goes far beyond the allocation of captive coal blocks. and that one of the larger forces driving corruption in this sector is the opaque manner in which our political parties are funded. It was a roundtable on ‘campaign finance reforms in India’, […]
while writing on coal, it is essential to remember that corruption here is not limited to just the allocation of captive coal blocks. if anything, corruption is rife in this sector which seems to be creating india’s own personal resource curse. this story focuses on one of the other ways in which corruption in coal […]
something doesn’t add up here. over the last few months, the country has been awash in news reports about the sudden coal shortage being faced by power projects and others across india. these assertions are somewhat puzzling. for instance, india needs 731 million tons of coal every year. however, the total coal allocated to companies […]
