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Coalgate scam is a {{INRConvert|186000|c}} coal mining scandal that has exposed the ugly underside of Indian politics and economic life. This scam along with |
Coalgate scam is a {{INRConvert|186000|c}} coal mining scandal that has exposed the ugly underside of Indian politics and economic life. This scam along with [[http://en.wikipedia.org/wiki/2G_spectrum_scam|2G spectrum scam]] [[http://en.wikipedia.org/wiki/2G_spectrum_scam]] are two of the largest scams in India's post independence history. The most infamous scam in India in last sixty years, the Bofors scam , where the alleged payoff was {{INRConvert|64|c}}, would have been a baby scam by current standards. |
Revision as of 08:06, 16 September 2012
Coalgate scam is a ₹186,000 crore (US$22 billion) coal mining scandal that has exposed the ugly underside of Indian politics and economic life. This scam along with [spectrum scam] [[1]] are two of the largest scams in India's post independence history. The most infamous scam in India in last sixty years, the Bofors scam , where the alleged payoff was ₹64 crore (US$7.7 million), would have been a baby scam by current standards.