Anatomy of Gujarat’s ‘Rs 6,000-cr coal scam’: UPA-era MSME subsidy that beneficiaries ‘never got’

 

Ahmedabad: As an MSME, Ahmedabad-based Modern Rubber Industries was eligible for cheap coal — at much below the market rates — under a central government scheme meant to boost this segment of industry.

The company did approach an agency appointed by the Gujarat government to implement the scheme, but claimed to have received coal at the market price.

Anmol Traders, an MSME brick kiln, had a different experience. 

The Gandhinagar-based company said it purchased coal from a trader associated with another agency engaged for the scheme, in 2015, but was offered prices higher than the market rates.

Meanwhile, even though A&F Foods is listed as a beneficiary of the scheme (2017-18), it told ThePrint it had never dealt with any of the coal agencies tasked with implementing the scheme. 

To Know more: https://theprint.in/india/anatomy-of-gujarats-rs-6000-cr-coal-scam-upa-era-msme-subsidy-that-beneficiaries-never-got/870007/