Question : LOSSES TO COAL INDIA LIMITED



(a) whether the Coal India Limited has fixed any responsibility for running of its several companies into losses;

(b) if so, the action taken/being taken against the persons held responsible for the losses; and

(c) the steps taken/being taken to avoid such losses?

Answer given by the minister

MINISTER OF COAL(SHRI KARIYA MUNDA)

(a) to (c) A Statement is laid on the Table of the House.

Statement referred to in parts (a) to (c) of the reply to Lok Sabha Starred Question No.391 for 19.8.2003

(a) No, Sir. No responsibility has been fixed by Coal India Limited for three of its subsidiary companies running into losses.

(b) & (c) Question does not arise.