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Indian PM faces heat over coalfields sale - Central & South Asia - Al Jazeera English
Opposition legislators have staged noisy demonstrations in the Indian parliament after a draft report from a government auditor said the country had lost up to $211b in revenue from selling coalfields too cheaply.

Thursday's uproar added to pressure on Manmohan Singh, the prime minister, after months of scandals and policy missteps.

The prime minister's office called the estimated loss "exceedingly misleading," after the report - leaked from the federal auditor and published in the Times of India newspaper - prompted calls for an explanation and rattled investors.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Thu Mar 22nd, 2012 at 06:19:26 PM EST
[ Parent ]
Funny how privatisation so often seems to work out this way...
by Metatone (metatone [a|t] gmail (dot) com) on Fri Mar 23rd, 2012 at 08:57:56 AM EST
[ Parent ]

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