Why some companies are favoured in mineral allocation?:SC to Centre
New Delhi: The Supreme Court today questioned the Centre on why certain companies are always favoured in the allocation of mines and minerals which has resulted in creating “monopoly” for them.At the outset of proceedings
Pushed on the backfoot by the Supreme Court on the various procedural infirmity in allocation, the AG submitted that decision of coal block allocation to companies is the first stage and firms get rights over coal only when they start mining for which they have to take various clearances.
“No right is created in favour of companies by allocating coal blocks. At the most it can be said that it is is letter of intent,” the AG said, adding that all procedure was followed in the allocations.
Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from India
Advertisement
Advertisement
-
PM Modi's two-day 'Chintan Shivir' with Cabinet begins today, Viksit Bharat roadmap on agenda
-
When will India's first bullet train start running? Ashwini Vaishnaw gives major update
-
India TV Chairman and Editor-in-Chief Rajat Sharma unanimously re-elected as NBDA president
-
Cyclone Arnab forming in Bay of Bengal? IMD warns deep depression to make landfall, Odisha on alert
-
OPINION | Rajasthan's local body elections: What's the secret of BJP victory?
Top News
-
PM Modi's two-day 'Chintan Shivir' with Cabinet begins today, Viksit Bharat roadmap on agenda
-
Trump hints Iran deal after US midterms, but still deciding: 'Do I sign or drive them into hell?'
-
'Sahil faced casteism, harassment for months': IIT Bombay student's parents demand arrests
-
Aditya Dhar and Yami Gautam beam with joy after winning National Awards for Article 370
Advertisement
Advertisement