Three CAG reports to be tabled next week

Controversial reports on DIAL,coal block allocation

Written by ENS Economic Bureau | New Delhi | Published:August 9, 2012 1:06 am

In what will prove to be an explosive day in the ongoing Parliament session,the government is likely to table three controversial audits reports on allocation of coal blocks,diversion of excess coal from Sasan power project and on Delhi International Airport Ltd (DIAL) next week.

While finance ministry sources indicated that the reports are likely to be tabled next week,finance minister P Chidambaram also confirmed that they will be tabled during the current session of the Parliament. “This morning we have issued notice to both Lok Sabha and Rajya Sabha requesting the Speaker and the Chairman to fix a date to lay the reports on the table of both the houses simultaneously,once they give us a date we will lay all the three reports,” he said. In response to the delay in the tabling of the reports,the minister said,“The CAG reports were received in the ministry of finance on May 11. May 12 and 13 were Saturday and Sunday,so it was put up to the finance minister on May 14 and we approved sending of the reports to the President.” He said the reports were returned from the President’s office on May 16 at 2:30 pm by when House was already adjourned.

Earlier,copies of the draft CAG report were leaked which caused uproar in the Budget session. Finance ministry sources said that the CAG had stuck to its earlier estimates in the final reports also. The final reports criticise departments like coal and civil aviation for not taking steps to preserve public interest while awarding contracts.

For instance,the CAG audit of allocation of coal blocks between 2004 and 2009 done without auction contends that undue benefits worth Rs 1.8 lakh crore were extended to private firms.

Meanwhile,the CAG,which was also asked to audit the concession agreement for New Delhi’s Indira Gandhi International Airport,had in its draft report estimated that DIAL can earn as much as Rs 1,63,557 crore over a 60-year period from the land given to it on a lease rent of Rs 100 per annum,hurting the government’s interest.

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