No Close ups on Coalgate
Well yet another 1.x LC (lakh Crore) loss to exchequer is being mooted, yet another denials in the form of revelation - zero loss, notional loss statements, allegations and counter allegations. This time our Narayana swamy instead of 'Geet' upadesh gives 'you are crossing your limit, better not to..' kind of 'hith' upadesh and Gags CAG. Statements like what was followed by NDA/BJP was followed by us, why NDA/BJP did not do anything in those 6 years, why NDA/BJP ruled states were opposed stating federalism when auction mode was suggested etc.
Even the debating channels do not do a close up on this coal gate.
Some nagging questions all around are:
1) If NDA/BJP followed it, and you see that as problem, why you never raised it in public and why you took more time than the whole NDA/BJP regime to bring the bill and notify it? Had there be a state that NDA/BJP were persecuting minorities during their regime would you be continuing it stating the same?
2) CAG reports are published every year. Is there any analysis on the CAG report of those times (of NDA/BJP) going on to find out of such malpractice, if not in such scale but even in a smaller scale, was mentioned in those report? Why no one is talking about it?
3) Why central govt hasn't taking this high stand, which it is taking now, (need not be in public domain but in ministerial/cabinet/official reports) that they could not proceed ahead with (or they are trying to get states' support to) new auction based coal block allocation?
4) Why NDA/BJP and CPI(M) ruled states were opposing the auction mode of coal block initiation method? Agreed to the fact that it would not have bound the center from passing a law for auction which infact the center tried but seemingly purposefully delayed it for 6 to 7 years in putting into enforcement, but still why in first place these states raised their voice.
5) CAG is auditing board they will calculate the 'presumtive' loss figure to the exchequer in way of a policy and implementation of the same. They have been doing this for years, why the govt feels that such report now is transgressing the 'limit'? A loss could be absolute only if the transaction has occurred and there is a deficit in what was invested to what came as return. But how will then a loss of prospect is calculated? Only in such ways as CAG has arrived. People have to see if the final figures arrived using methods are right or not. In this case(presumably) and in 2G and Antarix-Devos case, CAG has given different bands of loss and the highest being 1.x LC. If presumption is wrong how would one say about 'Depreciation' in accounting? It too is presumptive and not reflecting the actual so all these Kapils and Gavaskars of govt will fight against this accounting principle? OK even if lets say there was a loss of 1000 Cr to exchequer still isn't it a huge amount? How come only LCs are considered as scams and not the actual deeds?
6) Finally, in the one of the channel, former Dy CAG was stating unnecessary comment. He was calling it as croony capitalism etc. It looks good and right if a politician like D.Raja of CPI talks like this but talking from such political ideological stand look pathetically bad and wrong from an ex-official of a constitutional body. No amount of trying to hide behind the veil that i am now ordinary citizen helps here as the person is seen as ex deputy head and not like my name (kuppan) or suppan.
Already slight diversionary tactics "law minister gave the clearance" has been taken by cong official spokes person, because the scandal should not touch their lower holy cow, the then coal minister (MMS; and you know who are higher holy cows). Some jobless person will file PIL in SC. The govt will first argue that no one can talk about policy decision (yeah when the policy seems to be scamming no one is expected to talk about), then they will start CBI investigation for proper libation of the case. The then MoS of coal himself will head "empowered" group on investigating the observations made by PAC on the CAG report. Meanwhile our new finance minister will moot a new cess for 12th standard education on taxpayers, because you see it is the right to education and no one should be left out from paying for the deeds.
Who said India is a poor country when there are possibilities of 'working on' LCs after LCs.
Even the debating channels do not do a close up on this coal gate.
Some nagging questions all around are:
1) If NDA/BJP followed it, and you see that as problem, why you never raised it in public and why you took more time than the whole NDA/BJP regime to bring the bill and notify it? Had there be a state that NDA/BJP were persecuting minorities during their regime would you be continuing it stating the same?
2) CAG reports are published every year. Is there any analysis on the CAG report of those times (of NDA/BJP) going on to find out of such malpractice, if not in such scale but even in a smaller scale, was mentioned in those report? Why no one is talking about it?
3) Why central govt hasn't taking this high stand, which it is taking now, (need not be in public domain but in ministerial/cabinet/official reports) that they could not proceed ahead with (or they are trying to get states' support to) new auction based coal block allocation?
4) Why NDA/BJP and CPI(M) ruled states were opposing the auction mode of coal block initiation method? Agreed to the fact that it would not have bound the center from passing a law for auction which infact the center tried but seemingly purposefully delayed it for 6 to 7 years in putting into enforcement, but still why in first place these states raised their voice.
5) CAG is auditing board they will calculate the 'presumtive' loss figure to the exchequer in way of a policy and implementation of the same. They have been doing this for years, why the govt feels that such report now is transgressing the 'limit'? A loss could be absolute only if the transaction has occurred and there is a deficit in what was invested to what came as return. But how will then a loss of prospect is calculated? Only in such ways as CAG has arrived. People have to see if the final figures arrived using methods are right or not. In this case(presumably) and in 2G and Antarix-Devos case, CAG has given different bands of loss and the highest being 1.x LC. If presumption is wrong how would one say about 'Depreciation' in accounting? It too is presumptive and not reflecting the actual so all these Kapils and Gavaskars of govt will fight against this accounting principle? OK even if lets say there was a loss of 1000 Cr to exchequer still isn't it a huge amount? How come only LCs are considered as scams and not the actual deeds?
6) Finally, in the one of the channel, former Dy CAG was stating unnecessary comment. He was calling it as croony capitalism etc. It looks good and right if a politician like D.Raja of CPI talks like this but talking from such political ideological stand look pathetically bad and wrong from an ex-official of a constitutional body. No amount of trying to hide behind the veil that i am now ordinary citizen helps here as the person is seen as ex deputy head and not like my name (kuppan) or suppan.
Already slight diversionary tactics "law minister gave the clearance" has been taken by cong official spokes person, because the scandal should not touch their lower holy cow, the then coal minister (MMS; and you know who are higher holy cows). Some jobless person will file PIL in SC. The govt will first argue that no one can talk about policy decision (yeah when the policy seems to be scamming no one is expected to talk about), then they will start CBI investigation for proper libation of the case. The then MoS of coal himself will head "empowered" group on investigating the observations made by PAC on the CAG report. Meanwhile our new finance minister will moot a new cess for 12th standard education on taxpayers, because you see it is the right to education and no one should be left out from paying for the deeds.
Who said India is a poor country when there are possibilities of 'working on' LCs after LCs.
posted by Kupps at 11:52 AM
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