Excerpts from coal scam report by Govt auditor (CAG)

The government has been accused of a massive coal scam by the Opposition - both Houses of Parliament were adjourned this morning with the BJP demanding "It is a serious scam, the Prime Minister must answer."  The Prime Minister was in the Rajya Sabha when Opposition aggressively demanded a discussion on the alleged swindle. The BJP says the Prime Minister held the coal portfolio when the massive scam - worth 10.67 lakh crores according to the government's auditor - took place.   

The allegations are based on a report on coal mining by the government's auditor, the Comptroller and Auditor General (CAG). The report, accessed by a newspaper, says the government extended "undue benefits" totaling Rs. 10.67 lakh crore to commercial entities by allotting 155 coalfields without an  auction during 2004-09. The beneficiaries include 100 private companies and public sector units.

Here are the excerpts from the CAG report:

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