New Delhi: Rejecting the demand of the main Opposition the Bhartiya Janata Party for the cancellation of 142 coal blocks, Finance Minister P Chidambaram said on Monday that the demands were `unsound`.
Addressing the media in the national capital the senior Congress leader also said that BJP’s relentless demand for the resignation of Prime Minister Manmohan Singh was ‘outrageous’.
Elaborating on the issue the Finance Minister said, “Let us take into consideration all the coal blocks which were allotted before 2004 and after 2004. If the policy was flawed it has been flawed since 1993. As of now 30 blocks are producing coal and 17 blocks are likely to start producing soon. 50 blocks are in no go areas, so those problems need to be sorted out.”
He said that the decision to cancel the blocks can only be taken after a fair procedure and not through some arbitrary method. He added, “The fair procedure is under way.”
"If there is any irregularity the CBI probe will bring it out. Let the CAG report take its own course,” he said.
Chidambaram also requested the Opposition to let the Parliament function and start a debate in both the Houses. “A face to face debate is the only way to clarify things and the government is ready for a debate,” he added.