Friday, September 28, 2012

CoalGate : Whats' the big deal!!!

yes, coal gate/ coal scam that unveiled by CAG in its report was not a big deal. why!! i remember those days when I got copies of companies requesting coal blocks to be allocated to them to the coal ministry with heavy recommendations from the state govt. Some fishy recommendations were being seconded by the power ministry too.At that time, I knew its a nexus and surprisingly coal blocks were allocated to companies which did not know even the A,B,C,D of coal blocks means no credible end use, no history of operation, no experience at all.

surprising while communicating to one of the chief of an organisation monitoring the development of coal blocks, when he quoted that " Coal blocks are not nation's property , its the property of these whom it were allocated, so sorry could not divulge any information", I sensed something fishy. Power..i mean the power of the position/chair is beyond imagination. Decisions being taken by pressure from some beneficiaries and not in the good for the nation. And like " Sone Pe Suhaga" the problem of companies not getting coal to develop power adds the required reasons for such type of scams. The power corridor always argued that their decision was right to allocate coal blocks for the greater benefit og the nation as coal may well be mined and find its way to power stations to generate the much needed power which the country anted at that very moment to fuel the engine for the growth of the nation.

So, the finding of the CAG was not at all surprising, but yes full credit goes to CAG for bringing this to the table and in front of the nation sidelining the centre's pressure.Even after all the political storm, hue and cry, nothing can really happen and to eyewash the govt will deallocate those coal blocks of those companies which do not have a big say in the Govt. But for sure, the Govt will not touch the coal blocks which are given to big conglomerates as it is nothing to do with nation's wealth but have an angle of deeper politics attached to it.

All know Indian Junta are short sighted and tend to forget the things very quickly. It will also be forgotten in times to come and the tamasha will still goes on. there are quite a number of problems in our coal sector at this point of time and solving them is a huge challenge in itself.

for the consumers, coal is the goal and they are not at all deterred by all these scams and vehemently scouting for coal from any sources, domestic as well as foreign sources. Auction or no auction, FSA or no FSA, linkage or no linkage, what does matter to them is the feedstock for their boilers to run the show, no matter in which manner it comes and from where.

So, coal gate will be opened and this will remain in the history as one of the biggest scam of the country, Apart from that i do not find any big deal on this as currently this is the norm and scams/corruptions are part and parcel of our life.
Blog Widget by LinkWithin