Parl passes Coal bill

The crucial bill that provides legal framework for auction of coal blocks was passed by Parliament today, replacing an ordinance that was to expire on April 5.
The Coal Mines (Special Provisions) Bill, 2015 was approved by Rajya Sabha after several amendments moved by the Congress and Left were defeated, on the last day of the first half of Budget session.
The bill was passed with 107 members voting in favour and 62 against in the Upper 245-member House where the ruling BJP-led coalition is in a minority, indicating that some non-NDA parties back the government.
Lok Sabha had already passed the bill on March 4.

However, the government was on tenterhooks till the Rajya Sabha cleared it as today was the last day of the first leg of Budget session and the ordinance was set to expire on April five.
The bill, when introduced in the Upper House after passage in Lok Sabha, was sent to a Select Committee on March 11 as the opposition parties insisted on proper scrutiny and changes in the proposed legislation. The Committee gave its report on Wednesday.

The legislation replaces an Ordinance issued by the government on October 21 last year and then re-promulgated on December 26 after the Supreme Court cancelled allocation of 204 coal blocks terming the allocations as fatally flawed.

Passage of the bill provides legal framework for the auction of the coal blocks.
Government has already auctioned 33 blocks garnering a revenue to the tune of over Rs 2.13 lakh crore, surpassing the former CAG Vinod Rai's estimates of Rs 1.86 lakh crore loss.
Amendments were moved by Congress members Digvijay Singh and P Bhattacharya, CPI-M's P Rajeev, K N Balagopal, T N Seema and Tapan Kumar Sen and CPI's D Raja but all of them were defeated. Some members, including DMK Tiruchi Siva, withdrew their amendments.