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Coal allocation scam or Coalgate is a major political scandal concerning the Indian government s allocation of the nation s coal deposits to public sector enterprise PSEs and private compani In a draft report issued in March the Comptroller and Auditor General of India CAG office accused the Government of India of allocating coal blocks in an inefficient manner during the period China is the largest producer and consumer of coal in the world and is the largest user of coal derived electricity The share of coal in the energy mix declined during the s falling from 80 in to 60 in Domestic coal production also decreased with a year on year decline of 9 in However imports of coal increased to compensate for the cuts to domestic coal production

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The World Bank in its October commodity forecast report estimated that the price of coal will decrease in to $70/mt from $85/mt in with slow price growth beyond The IMF in July detailed an alternate scenario under which prices would decline in to $788/mt and still further in to $74/mtof the GOK consumer subsidy program NCPB has set the MY / corn purchase price at Ksh 2 500 $25 USD per 90 kg bag and most traders who buy directly from farmers are invariably bidding lower driving down the price of corn and corn products Nevertheless Kenya’s corn pricing regime

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