Power Minister tells : '24/7 power in every home by 2019' - street light price
In the non-
Limited by the regulatory authorities, coal prices are the highest.
Because they can get the highest profit there, they will pay the highest price.
But the same diamond () will give power to a poor family when it gives power to someone after 67 years.
My father studied under a street lamp in a small town in Haryana.
I don't want the next generation to learn under the street lights.
I hope the country has enough, affordable electricity in every household, and when coal works for the poor, when it gives 24/7 of the electricity to every village and family in this country, I think I have realized the greatest value of that diamond.
I will make sure that this diamond goes through an honest and transparent process in which the value of this diamond is passed on to the poor, not to the politicians who Delhi decides to whom it is free. No. 186,000 crore!
2G is 176,000. . .
There must be a large scale of their scam.
It's interesting that you asked me this question.
By the way, when there is a law on the land, you will be hanged if you commit murder.
Does this mean that the law is wrong because of the murder, which is a serious problem.
But we don't know if there is a cartel.
Not suitable for carpooling.
Because we canceled it. . .
If you read the verdict. . Not at all. . .
Try to understand. .
This is not a problem for the cheapest or highest bidder.
When you look at the chart, you will see that there are six bids, and if there is one bid at this time that is (), here are five bids that are () if I ignore this reality and the mitigating circumstances surrounding it, then 10 years from now I will have the court pull me up and say, Mr. Minister, from your position, you can't see such an obvious difference in price.
Cartelisation needs to be investigated.
In order to be able to claim whether there is a cartel, an investigation can be conducted to determine whether there is a cartel.
Sitting in my office, I have only records in front of me, and when the department states to me in real time, it is my duty as a minister to keep my mind open and keep my eyes open, and make sure that fair competition is like fair value compared to others when it looks unfair.
Now give a simple example and see if there are four bids in the non-
Regulatory authorities.
Yes, that's why I asked if you were interested in a single bid or the whole system. . .
If you are interested in one of them then we can discuss this or else I can discuss all three coal blocks we cancel.
So, if we talk about the whole system
Supervision of the Paris railway station.
The grade is a bit different, but the difference in coal prices in India is Rs 400.
In that particular mine, the price per ton is RS 3,502.
Another mine is RS 3,001 per ton.
The other is Rs 2,600 per ton, and the other is RS 1,585 per ton.
We start at RS 3,502 to RS 1,585.
There is a certain trend in Outliers.
I'm not managing these 200 + bids in micro, it's a public auction.
It doesn't matter if someone decides to give more or less.
But if I don't take action, your question today is, "you must be blind, Mr. Goyal.
If you don't see rs 1,585 in the range of rs 2,600 and rs 3,500, even if you can think it might be a lower level, it can change rs 400 and rs 500.
This is a conscious reaction to the government's work: to make sure that people must act where things don't look clear and appropriate.
That's exactly what I did.
67 coal mines are distributed to various states, Indian coal companies, public sector units, etc.
Only 34 mines have been auctioned and 4 have been canceled, so far 30 mines have been auctioned technically.
I don't think month
That gave us 1 rupee, the regulator.
65 lakh crore and 9 non-champions
The regulator will provide benefits of about Rs 69,000 to the Indian people.
This is the auction and the rest of the money comes from the distribution of the coal mines, they pay 100 or 150 rupees per ton.
Everything the government has to do with the government will end.
Users and benefits will be passed on to consumers. Absolutely.
Unless I am confident that I have done an honest and fair job, it will become difficult to sit in the coal department itself.
There is such a background. . .
You imagine the situation of the CBI, the problems of many years, the inefficiency (in this context, if my officers and I can sleep peacefully at night, enjoy the work, I am satisfied with our honest public service so that the eastern states can also benefit, more than 125 Indians will get cheaper electricity, which I think is possible, because I believe I have done a fair, honest and transparent auction.
That's because you're used to it. . .
The country became cynical and lost hope.
Prime Minister Modi is rekindling hope in this country.
If you remember the movie
Do you remember how he got into trouble for three hours?
In the end, he met an honest person and Kher said I lost hope for him.
What did the honest man say to his teacher, and he said, "Sir, you can't say that, you taught me hope, you taught me how to be an honest one.
After 67 years, Prime Minister Modi has become an honest man who will restore the integrity of the system and eliminate this cynical attitude, sadly everyone thinks there is nothing to be honest
Have you spoken to some astrologers? . .
We have regulations in place for the future and regulators will ensure that this benefit is passed on to consumers.
I trust the regulatory mechanism, which is a fair and independent mechanism that politicians and governments will not interfere with the regulatory authorities.
If there is such a gentleman
The so-called education you, so-
I think the person who is called an expert does not trust the regulator, then he may have to go and ask the regulator this question. . .
Perhaps the gentleman has not seen the auction documents yet.
I urge you to read the auction documents;
Very transparent and clear.
You should have a debate about it, bring together all the opponents, all the critics, and debate it.
First of all, I have not received any such letter.
So either your source looks weak or I think PM is trying to make sure things don't happen and the controls we are trying to introduce are valid. . .
Since we have not received such a letter now, you must make up the letter. . .
Those who have educated you have not seen the auction documents.
We keep a formula-based upgrade clause. ().
Well, in the next round we will use very few lessons to improve.
One thing I 've learned is that I never thought that people would abuse the ability to bid to meet all their requirements and we found that a group of companies in a mine had more than one bidder.
As a result, they are able to obtain two or three bids from sister companies or within the group.
In future auctions, we will allow only one mining group to bid once.
If they bid 2 or 3, we will ignore all of this and only accept one in the second round after the initial bid.
This is a lesson we have learned.
But fortunately, at the initial stage, I have a clause saying that unless there are so many bidders, we do not allow the auction to proceed, in fact, because there are not enough bidders, some mines were taken from the auction.
Fortunately, the minimum bid standard protects us from losses.
But we will improve it in the future.
I am an open minded person.
I always learn from it no matter what I do, it may not be a mistake, but there is always room for improvement.
Another understanding is that while I don't have any solid evidence of mischief, there is something we can do to further ensure that no one can prank.
So next time I won't announce in advance who the technical bidder is.
I will have all the people who don't have a cell phone or computer sit on our terminal and bid in a lobby.
At the terminal they will know if they are qualified bidders and at that terminal they will be aware of the top 50 categories if they are eligible to bid in the second round, they will have to continue bidding there and then, without knowing who their competitors are so that there will be no bilateral or trilateral meetings.
The country is capable of meeting the entire coal demand.
I expect India's coal trade to reach 1 billion tons in five years.
Total coal output is expected to exceed 400 tons to 500 billion tons.
I think the import of thermal coal can be stopped in the next two or three years.
Coking coal is still in short supply in this country.
However, I am fairly confident that the import of thermal coal can be stopped, except for coastal factories that may find it feasible to import.
Prime Minister Modi wants to see a powerful India where every Indian has a wonderful home, 24/7 of power, road access, good schools for children, jobs and job opportunities.
24/7 of the power will happen, which is not a possible or impossible problem.
Madam, nothing is impossible in this world.
You need to be honest, you need vision, you need sincerity for goals, Prime Minister Modi has all of this.
Prime Minister Modi will hand over power to every family in the country by 2019. Yes! 2-0-1-9 () .
I will also say it in larite.
I am very confident.
Prime Minister Modi's government is on the right track and his focus is on the first phase of structural improvement.
When you build a house, you may need a few years, and when you build the foundation, you dig a hole and build the foundation.
If the woman in the house had to go when she was building the house, she would see the dirt, she would see the cement, the steel, the bricks, the sand, and she would not like all of that.
But this is a few years of effort from the foundation to building a home and completing it.
Until the end, the woman opened the door and walked into a beautiful paradise she called home, enjoying her home.
Today, this government is trying to build this beautiful home. we are laying a solid foundation. we are deconstructing corruption, inefficiency, policy paralysis and investors losing confidence in the past, people become cynical about the crumbling economy.
We are changing this and we are bringing confidence to the Indian people.
We are restoring the enthusiasm of domestic and foreign investors for Indian investment.
What we bring is honesty.
We are rooting out corruption, we are trying to build infrastructure, we are trying to build 60 million families so that everyone in India can have a home where they can have power, so that they can enjoy education, health and toilets at home.
This is the commitment made by Indian Prime Minister Narendra Modi to the people in 2022 when he celebrated the 75 th anniversary of India's independence.
But power will still happen by 2019.