DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3bxrjb/indian_coal_scam) has announced the addition of GlobalData's new report "Indian Coal Scam - Will it lead to Policy Changes?" to their offering.
On August 17, 2012 the Comptroller and Auditor General (CAG) of India, in its report on the performance audit of Allocation of coal blocks and augmentation of coal production' unearthed a scandal which is now popularly being referred to as the Coalgate' scandal. The audit was performed to check the efficiency in the allocation of captive coal blocks to private companies during the period starting from 2005 by the Government of India (GOI), which was undertaken to help bridge the gap between the demand and supply of coal in the country. The report made a conservative estimate of loss totaling INR1,860 billion ($33.6 billion) to the government due to the scandal.
Scope
- The report provides a brief review of the scam revolving around allocation of coal blocks to private players since 2005 in the Indian coal mining landscape.
- It covers the most likely impact which may lead to policy changes and the incorporation of a coal regulator.
- The report also covers the background to the scam, India's coal scenario - present and future, excerpts from the CAG report, a brief synopsis of two other illegal mining scams and the possible impact of these scams on the Indian mining industry.
Reasons to buy
- Obtain an understanding of the coal block allocation scam in India and a summary of the CAG report which in short describes the findings, assumptions and recommendations.
- The report report also dwells upon the possible impacts on the Indian mining industry.
Key Topics Covered:
1. List of Figures
2 Indian Coal Scam - Will it lead to Policy Changes?
2.1 Summary
2.2 Scam in Indian Coal Mining Industry - Likely to have Deep Repercussions Leading to Policy Changes
2.3 Present and Future Scenario of Coal in India
2.4 Excerpts from the CAG Report on Allocation of Coal Blocks
2.4.1 Findings
2.4.2 Assumptions
2.4.3 Recommendations
2.5 Other Scams in the Indian Mining Sector
2.5.1 Iron Ore Mining in Karnataka
2.5.2 Illegal Mining in Goa
2.6 Possible Impacts on the Indian Mining Industry
2.6.1 Delayed Reforms mean GDP Growth Likely to be Hit
2.6.2 Foreign Direct Investment Inflows in Mining Falls
2.6.3 Dip in Transparency Rating
2.6.4 Increased Political Risk for Investing Companies
3 Appendix
For more information visit http://www.researchandmarkets.com/research/3bxrjb/indian_coal_scam
Source: GlobalData