In this case I feel the argument of CAG is flawed, because it is the work of the legislature to find out the best process of delivery at a given time. The CAG cannot dictate the government as how it should proceed, except suggesting their methodology. Hence, I feel all these talks of astronomical loss are simply hoax.
Some of those who came to media also talked about the about the notional monetary gains when the share prices rose, following the allocation of mines. I want to mention two points here: (i) The rise or fall in share price is purely sentiment driven, which gets magnified during the bull/bear phases (ii) Unless the promoters sells the shares of those companies, through the stock exchanges or otherwise, none gains through such rise. So, all these talks of rise in the share price and the companies, making windfall gains only holds good when either their promoters or shareholders sell the shares---till then everything is neutral.
The point I am trying to hammer hard is that, there is rampant corruption in mining in every state and all the nationalized parties (including some regional parties too) are involved in corruption, be in West Bengal or Karnataka or Chattisgarh or Madhya Pradesh. The time has come to find a solution, so that the GOI does not suffer, the loss, as we try to plug the loopholes. It is unfortunate that a mud slinging is going on between the Congress and the BJP, when everyone knows where the truth actually stands. I therefore urge the disgruntled BJP members to come to the Parliament and start debate on the topic, instead of taking an escapist route, as its name could be dragged.
Also, I do not understand why BJP wants the resignation of the PM of India, Dr.Manmohan Singh (MMS), because I feel his continuance in the office is positive for the BJP. If MMS is shown the door and an effective/efficient mass leader like Mr.Sharad Pawar or Mr.P Chidambaram or Ms.Mamata Banerjee is made the PM of this country, then it would bring further problems for the BJP in the next elections. The problem with BJP, is that it has been taken hostage by few leaders from Delhi, who neither have mission or vision. UNFORTUNATE, could be the right word.