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Seeking comments on Discussion Paper on 'Auction of Coal Mines for Commercial Mining'

Start Date :
Mar 29, 2017
Last Date :
Apr 26, 2017
16:00 PM IST (GMT +5.30 Hrs)
Under the provisions of the Coal Mines (Special Provisions) Act, 2015 and Rules made thereunder, the Central Government is considering to auction coal mines for commercial mining. ...
The biggest problem in mining coal is Mafia nexus and involvement of state in mafia. Even if you open up commercial coal mining you are not ending mafia. Unless you end mafia with brutal means same coal scam will return.
In respect to RBI & Banks, I want to suggest that, to control over the NPA and making bank economically healthy, Audit autonomy given to Banks should be withdrawn as early as possible, because, Administration and Audit both power should not be with same institute e.i. bank, the bank branch audit either nationalised or private bank having public deposit,Audit must be done by RBI by allotment to CA, it will save the public and govt. interest, further, banks will be strong and healthy,best wishes
Following also be considered for Auction of Coal mines for commercial mining
1-Minimum & maximum Size be defined.
2-It will be appropriate that maximum number of minimum size be auctioned to participate new auctioner ,no auctioner be allotted two auction & auctioner may execute the work within a stipulated time.
3-Maximum size auction preferrence be given on past performance also to be limited one for one.
In the name of mining & development we destroying the ecological balance and we are demolishing all the non-renewable resources without any reason just for money, this will effect the future generations a lot, we are not thinking about it even for a fraction of second. we are doing this mining just for some money but we totally ignoring that we destroying a vast variety of plants, animals, and all creatures just to fulfill our greediness, we doesn't have any right to do this.
In respect to auction of coal mines for commercial mining, I want to suggest that, the mines which are determined to auction for commercial mining, transparancy is the important matter, for the begining of auction process,advertisment to allotment of mines, terms and conditions etc. should be transperant,further, all the process should be online, further,there should be control and timely analysis of terms, whether fulfilled or not,if there are material discrepancy,action to be taken,best wishes
Overall government should become rich getting more revenue and use that money to develop the infrastructure of schools, colleges, hospitals, roads, sports etc., The poor and lower middle class should lead a respectable and better life style. The profit making companies should also use the money for the development in true spirit and should provide employment in a corporate style environment. Every work/effort/transactions should be on the basis of sacredness in the service of the nation.
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