`Natural resources policy to be driven by public good`

Last Updated: Thursday, October 11, 2012, 20:53

Minister of State for personnel V Narayanasamy said government has every right to decide the policy keeping in mind the common man`s interest.

BJP joins issue with govt on interpreting SC verdict

Last Updated: Saturday, September 29, 2012, 19:34

BJP on Saturday joined issue with the government on the interpretation of the SC judgement on natural resources allocation

Genuine policy can become 'illegitimate' if acted unfairly: SC

Last Updated: Thursday, September 27, 2012, 23:16

Giving a hypothetical example of coal block allocation, the court said natural resources could be allocated "free of cost" if it subserves the "common good" like providing electricity at low tariff through use of coal.

2G verdict for auction not blanket statement for all resources

Last Updated: Thursday, September 27, 2012, 21:36

The Supreme Court Thursday clarified that its 2G verdict recommending auctioning for allocation of natural resources was only confined to spectrum and it was not a blanket statement applicable across all natural resources.

SC refuses to rely on Chawla panel report on natural resources

Last Updated: Thursday, September 27, 2012, 21:21

The Supreme Court Thursday refused to rely on a report of a high-level committee, headed by former Finance Secretary Ashok Chawla, favouring auction as the route for disposal of natural resources, saying the report is yet to be accepted by the government.

Auction only fair method of allocating natural resources: BJP

Last Updated: Thursday, September 27, 2012, 21:16

BJP said competitive bidding through auction is the only method to ensure fair play as any discretionary quota is likely to open floodgates of graft.

'SC judgement to help in more predictable policy environment'

Last Updated: Thursday, September 27, 2012, 20:15

Industry body Ficci said prima facie its stand on allocation of natural resources is Thursday vindicated by the Supreme Court.

Auction not the only route for resource allocation: SC

Last Updated: Thursday, September 27, 2012, 08:37

Delivering its opinion on the Presidential Reference moved by the Centre, the Supreme Court on Thursday said that auction order must be restricted for the telecom spectrum only.

Govt hasn't accepted Chawla committee report on natural resources: Centre to SC

Last Updated: Thursday, August 23, 2012, 23:31

Filing its reply in response to the apex court query, the Centre said "even when the committee has recommended adoption of market-related processes, the same cannot be seen as a recommendation for allocation only by auction."

SC reserves opinion on Prez Ref on natural resources allocation

Last Updated: Thursday, August 16, 2012, 19:46

The Supreme Court Thursday reserved its opinion on the Reference sent to it by the President whether it was mandatory to allocate scarce natural resources in all sectors through the auction route.

Panel favoured auction of resources, Swamy tells SC

Last Updated: Tuesday, August 14, 2012, 23:18

Janata Party president Subramanian Swamy Tuesday told the Supreme Court that auction was the only method of transparent allocation of natural resources for private commercial exploitation and a government panel also favoured it.

‘Auction of natural resources will curb corruption’

Last Updated: Wednesday, August 8, 2012, 21:24

The Supreme Court was Wednesday told that the route of "auction" has been found to be the best method for alienation of scarce natural resources which will help in curbing largescale corruption in all sectors including mining and coal.