Cheap coal, high power tariff swell coffers for select firms
New Delhi The CAG might choose to call it “unintended benefit” to certain firms rather than loss to the exchequer, but the policy of captive coal blocks formulated in 1993 has clearly given ample opportunity for a veritable cross-section of corporate India to grab the dwindling natural resource for a song and make undue profits at the cost of consumers.
Publication Date:
29/03/2012