The Power Mafia

In a year that has been marred by scams and crises, there have been many of those which have not been come out in light. Several of these scams have been up and running since many years and yet have remained uncovered. Maybe due to political pressure, or due to lack of interest such scams have not appeared in the spotlight and hence haven’t garnered enough interest in the public to create any type of furore.

An year and a half after the death of Suresh Singh aka ‘Coal King’ , Reuters has published a special report highlighting the role of ‘Coal Mafia’ in the $35.7 billion Coal mining industry. The Coal Mafia has infiltrated almost every company’s union and controls them. The mafia is responsible for stealing coal and selling it in black market, scaring away investors at the auctions and keeping the base price low and many wrongdoings. The financial impact of all such activities are unknown and clearly nobody is even willing to find out.

It is not as if any of the above information is exclusive. Every bit of it (and most probably much more) is known to Police and Politicians alike. CEO’s of several leading companies such as Coal India have accepted that Coal Mafia does exist and that if they are removed out of the equation India’s coal output can rise as much as 15%. Yet the Coal mafia roams around at large without the police as much as trying to catch them. Hope lies with the media and the public that if the matter comes to light and enough pressure is put on the government maybe such illegal activities can be terminated.

 

29th May 2013

 

coal mine

 

 

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