As per the report of the committee entrusted with looking in to the coal block allocations, the allocations granted to three companies will be cancelled. The bank guarantee of 4 other companies will be confiscated for non-starting of work.
So far so good. But this small action will not be sufficient. All the coal blocks granted to private companies, denying the same to the PSU, Coal India Ltd., and done violating rules and regulations should be cancelled. Then only justice can be meted to the nation and the people who are the owners of natural resources.