Colgate Scam: Rs 1.86 lakh crore 'Coalgate' loss

Another Scam Rocked India Today Colgate Scam. So here are some compiled facts about CAG but before going through it just look at the below picture which depicts what 1.86 lakh cores can do to India.



So here are 10 facts on the issues that CAG has blasted the government over:
1. In a severe indictment of the UPA government, the CAG report on coal says that 57 coal fields, in the period 2005 to 2009, were allocated to 100 private companies instead of being auctioned or brought under competitive bidding. This, the report says, was an opaque, subjective allotment and caused these private companies to benefit to the tune of Rs 1.86 lakh crore.
2. This will be highly embarrassing for ..

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