The final report of the Comptroller and Auditor-General on the allotment of coal blocks has pegged the loss to the national exchequer at Rs. 1.86 lakh crores. Importantly, the CAG report gives a virtual clean chit to the Prime Minister’s Office that was monitoring the coal ministry’s functioning between 2006 and 2009 in absence of a coal minister.
The auditing watchdog’s initial draft report a few months back had put the loss at a whopping Rs. 10.7 lakh crores. CAG sources had said even then this was not an accurate figure due to a technical flaw in auditing norms, something that would be corrected in the final report.