Congress & Coy Ministers held press conf on Fri,24/8 wherein they argued inter alia that out of 57 disputed blocks coal has not been mined from 56 blocks so no loss has been sustained by exchequer.Whether there was corruption and whether policy of non-bidding was correct, God knows. Argument is specious. Not extracting COAL is postponing use of asset price of which is bound to rise. e.g. if u gold on preferential rate without knowing what others can pay and u dont use GOLD, do u agree giving at preferential rate without knowing what others will pay for will make u generally loose.

Answered by Jaikishan Bulchandani, 25 Aug '12 03:08 pm