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Vinod Rai

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Railway Minister Prabhu acknowledges corruption exists in railways

Mar 20, 2015

Railway Minister Prabhu acknowledges corruption exists in railways

Railways Minister Suresh Prabhu on Friday acknowledged existence of corruption at various levels in his ministry and said the government is determined to weed it out through stringent action and putting in place a transparent system. #Corruption #NewsTracker #CBI #Indian Railways #Railways Ministry #CVC #Vinod Rai #Suresh Prabhu
Coal scam: CAG was

Mar 19, 2015

Coal scam: CAG was "very kind" when it put losses Rs 1.86 lakh cr, says Arun Jaitley

CAG was "very kind" when it put losses incurred due to coal blocks allocation between 2006 and 2010 at Rs 1.86 lakh crore, Finance Minister Arun Jaitley said on Thursday while highlighting that auction being undertaken by the present government had reaped much more revenue. #Manmohan Singh #TheySaidIt #Arun Jaitley #Vinod Rai
Coal auction bonanza: Piyush Goyal deserves two cheers, not three

Mar 10, 2015

Coal auction bonanza: Piyush Goyal deserves two cheers, not three

The first two rounds of bidding for coal mines have already made ex-CAG Vinod Rai's windfall gains estimate look ilke an underestimate. But even though this is good, future auctions can be even better structured. #coal #Vinod Rai #Coal e-Auctions #Coal auction #Piyush Goyal
Coal auction: Seven reasons why Vinod Rai was right about Coalgate

Feb 20, 2015

Coal auction: Seven reasons why Vinod Rai was right about Coalgate

Indian businesses have for too long been used to getting things for free, including coal. This has led to the misconception that thermal power is cheap, which is not. Once, the right price of coal is taken into account, other forms of generating electricity might start to look viable. And that will be good for the environment. #UPA #CAG #coal #Vinod Rai #NDA #Coal auction #PC Parakh
Former CAG Vinod Rai has the last laugh as bids in coal auction go over the moon

Feb 20, 2015

Former CAG Vinod Rai has the last laugh as bids in coal auction go over the moon

The ongoing coal block auctions are fetching prices beyond the government's expectations. This proves that former CAG Vinod Rai's loss calculations were overly conservative, and not exaggerated. Ditto for his spectrum loss estimates #2G scam #Manmohan Singh #CAG #ConnectTheDots #Kapil Sibal #Manish Tewari #Vinod Rai #Coalgate #Coal Block Auctions
Prepare plan for managing deallocated mines: Centre to Coal India

Oct 10, 2014

Prepare plan for managing deallocated mines: Centre to Coal India

The development follows Supreme Court had last month quashing allocation of 214 coal mines alloted to various companies since 1993 and allowing the Centre to take operation of 42 such blocks which are operational.
#Hindalco #India #UPA #CAG #coal #Narendra Modi #Supreme Court #JSW #Tata Power #Vinod Rai #PSU #import #Coalgate #State #AAP #Piyush Goyal #Private #deallocation
Former CAG Vinod Rai welcomes ex-PM Manmohan Singh's plan to pen memoirs

Oct 10, 2014

Former CAG Vinod Rai welcomes ex-PM Manmohan Singh's plan to pen memoirs

Retired CAG Vinod Rai has welcomed ex-PM Manmohan Singh's decision to write memoirs, saying the nation needs to know what transpired during his tenure. #India #CAG #Vinod Rai #former Prime Minister Manmohan Singh #biographies #UPA regime
Dealing with SC's coalgate verdict: Govt seeks legal opinion on issuing ordinance

Oct 06, 2014

Dealing with SC's coalgate verdict: Govt seeks legal opinion on issuing ordinance

Depending on the advice of the Attorney General of India, the coal ministry will take a view on the ordinance so as to deal with the implications of the Supreme Court's order in the coal case. #Manmohan Singh #Power #Supreme Court #CAG report #Vinod Rai #restructured loans #Coalgate #Power Distribution #Coal Blocks Allocation Scam