Administrateur du site
Messages: 4391
Inscription: Jeu 30 Juil 2009 16:48
Localisation: la seyne sur mer
Cairn-Vedanta deal to come under Cabinet scanner again
1
Cairn-Vedanta deal to come under Cabinet scanner again
The Cairn-Vedanta deal continues to hover under a cloud after the Oil Ministry approached the Cabinet again for a fresh approval on the deal. The Cabinet is set to meet on Tuesday to discuss the issues that are plaguing the deal.
Post your opinion here
The Cairn-Vedanta deal continues to hover under a cloud after the Oil Ministry approached the Cabinet again for a fresh approval on the deal. The Cabinet is set to meet on Tuesday to discuss the issues that are plaguing the deal.
The Home Ministry has been pointing to the alleged global and domestic "transgressions" by the Vedanta group. Some of the wrongdoings include instances of human rights violations, defaulting of payments and environmental concerns.
Following the serious issues raised by the Home Ministry, officials in the Petroleum and Natural Gas Ministry said the deal is likely to be put up before the Cabinet Committee on Economic Affairs (CCEA) for a review in light of these facts brought out in the official note.
Corporate fraud investigation body SFIO's report on Sesa Goa's relationship with Vedanta will also be taken up by the Cabinet. BJP MP had raised concerns about Vedanta's relation with Sesa Goa.
The Cabinet will also take up SFIO's report on under and over-invoicing by Sesa Goa.
Apart from them, the UIDAI funding proposal and amendment to Sweden DTAA are also likely to be taken up in tomorrow's meet.