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Article

2 Oct 2014

Author:
Utkarsh Anand, Indian Express

Supreme Court scraps 214 coal blocks, leaves 1 lakh crore, 30000 MW-question

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Characterising its verdict as futuristic, corrective as well as compensatory, the Supreme Court on Wednesday quashed allocations of 214 out of 218 coal blocks that it had declared as illegal last month...The court turned down a suggestion by the government to consider saving as many as 46 blocks, either in production or ready to be made operational, after noting that since “these allocations are also illegal and arbitrary, they are also liable to be cancelled...judgment highlighted that these ‘consequence proceedings’ are intended to correct the wrong done by the Union of India.” “These proceedings look to the future by highlighting the wrong. It is expected that the government will not deal with the natural resources that belong to the country as if they belong to a few individuals, who can fritter them away at their sweet will. These proceedings may also compensate the exchequer for the loss caused to it,” it said.

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