May 26, 2012

Committee on Allocation of Natural Resources - Latest from the Government

The Prime Minister of India chaired a meeting with the Ashok Chawla Committee to oversee the recommendations with regard to allocation of Natural Resources.

What was the role of the committee?

The Committee on Allocation of Natural Resources was constituted to examine the approach to allocating natural resources such as land, coal, minerals, petroleum, natural gas, etc. The purpose was to obtain recommendations which would enhance transparency, effectiveness and sustainability in the allocation, pricing and utilization of natural resources through open, transparent and competitive mechanisms and to suggest changes in the legal, institutional and regulatory framework to implement the recommendations.

69 out of 81 recommendations have been given the nod by the Group of Ministers on Corruption. Following is the government press release:


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