Coal
allocation scam or Coalgate, as referred by the media, is a political scandal
concerning the Indian government's allocation of the nation's coal deposits to
public sector entities (PSEs) and private companies by Prime Minister Manmohan
Singh. In a draft report issued in March 2012, the Comptroller and Auditor
General of India (CAG) office accused the Government of India of allocating
coal blocks in an inefficient manner during the period 2004–2009. The essence
of the CAG's argument is that the Government had the authority to allocate coal
blocks by a process of competitive bidding, but chose not to. As a result both
public sector enterprises (PSEs) and private firms paid less than they might
have otherwise. In its draft report in March the CAG estimated that the
"windfall gain" to the allocatees was 10673.03 billion (US$200
billion). On 8 May, the court made observations regarding a need for the
independence of the investigating agency from the clutches of the government
which in this case in an accused in the matter of corruption.
Regular
readers are by now aware that the effect of an eclipse can last for a long time. Eclipses can lie
quiescent till activated by progressions or transits. Shown above is the 14
November eclipse at 21sc57 in the
mundane second house. H.S. Green notes:
Eclipses in
the Second House: The Exchequer suffers; national finance is disturbed
The eclipse
aspects Kronos-Hades in the Tenth House so that forces of law and
authority (Kronos) are weakened and corruption (Hades-Pluto) in high places (Kronos) affects the treasury
(second house).
Progressing
the chart to 8 May brings the Pluto-Kronos-Hades-Uranus T-square on the angles
virtually identifying this period as one time when developments would take
place in the corruption case. But
perhaps the most interesting detail comes from the TNP Zeus on the Ascendant square Pluto on the IC of the eclipse chart. Zeus
is a TNP that is connected with “fuels”. The IC or the fourth house rules mines and
minerals found under the earth so that the combination is a reference to coal
mines !
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