Logo
Logo

Corruption in Coal: How one winner was chosen from eighteen applicants

Records of the coal ministry show that, between 2005 and 2010, the government offered 150 coal blocks for captive use. Well over 1,400 companies applied for these. No price-based auctions took place. There was a basis of selection that chose 178 winners—some companies were asked to exploit coal blocks jointly—from the 1,400-plus applicants, which was lambasted by the government auditor while scrutinising these allotments.

Read Full Story>>