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CII against coal block de-allocation

CII against coal block de-allocation

Adi Godrej, President, Confederation of Indian Industry (CII), remarked that coal blocks allocated under due process should not be cancelled, as any such cancellation will adversely impact business sentiment. He also said that the judiciary should only interfere if there is any violation of law.

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Coal block allocation

Coal block allocation

In order to clarify doubts raised on allocation of coal blocks to private companies for captive use during 2004-2009, Coal Ministry said these blocks were allocated to promote development of infrastructure.

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The Reasonability of Auction

The Reasonability of Auction

The 2G spectrum verdict on the astonishing day of 2 February pronounced a cancellation of all 121 permits given after 10 January 2008 by the then Telecom Minister A Raja. There is a fundamental flaw in the principle of first-come-first-served in the distribution of state-owned natural resources,