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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

PTI PTI Updated on: September 25, 2013 19:41 IST

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.

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