'Our whole concept of coal mine allocations is wrong'

[Guynextdoor2]

True.. but the only patronage govt. can extend is export subsidies or tax rebates.

You have NO IDEA what kind of patronage the government can give. What the centre can give and does give is ENORMOUS. They can twist laws to favor their chosen ones. They can give industrial licenses and subsidies for chsoen ones. Land becomes easy to acquire, doles are give out, laws are twisted to keep others out of lucrative business. Even in this 'fair' auction you find that ones that are winning are your most notorious ones- Relaince for instance. Are we to believe that somehow they were fair and like schoolboys just stood their with their bids? Of course not. And suddenly the opponents of reliance, like the Ruias are on the downslide.

 

[OTTOMAN]

Land becomes easy to acquire

I considered this favor area OFF because... supposedly your govt. is only selling the coal fields in open bidding.

 

[Guynextdoor2]

I considered this favor area OFF because... supposedly your govt. is only selling the coal fields in open bidding.

I was talking generally. If you are hand in glove with the govt., you will see that your overall position becomes drastically better.

 

[Faiez]

That is our system of counting,We were using it even before the Western models have developed.


Time units[edit]

Hindu measurements inlogarithmic scale (approx.).
Various units of time are used across the Vedas, Puranas, Mahabharata, Suryasidhanta etc.[citation needed] Especially, Nimesha's multiple, it varies to 3, 10, 15, 18, 20, 27, 30, 45, 48, 60. At the lower end, these are pretty consistent. The Complete Hindu metrics of time (Kāla Vyavahāra) can be summarized as below.

§Sidereal metrics[edit]
Unit Definition Equivalence (Approx.)
Truti त्रुटि 0.031 µs
Renu रेणु 60 Truti 1.86 µs
Lava लव 60 Renu 0.11 ms
Līkṣaka लीक्षक 60 Lava 6.696 ms
Lipta लिप्ता 60 Leekshaka 0.401 s
Vipala विपल
Pala पल 60 Lipta 24.1056 s
Vighaṭi विघटि
Vinādī विनाडी
Ghaṭi घटि 60 Vighaṭi 24 min
Nādī नाडी
Danda दण्ड
Muhūrta मुहूर्त 2 Ghaṭi 48 min
Nakṣatra Ahorātram (Sidereal Day) नक्षत्र अहोरात्रम् 60 Ghaṭī 24 h
30 Muhūrta 24 h
Alternate system
Unit Definition Equivalence (Approx.)
Truti 35.5 µs
Tatpara 100 Truti 3.55 ms
Nimesha 30 Tatpara 106.7 ms
Kāṣṭhā 30 Nimesha 3.2 s
Kalā 30 Kāṣṭhā 1.6 min
Muhūrta 30 Kalā 48 min
Nakṣatra Ahorātram (Sidereal Day) 30 Muhūrta 24 h
§Small units of time used in the Vedas[edit]
Unit Definition Equivalence (Approx.)
Paramāṇu 26.3 µs
Aṇu 2 Paramāṇu 57.7 µs
Trasareṇu 3 Aṇu 158 µs
Truṭi 3 Trasareṇu 474 µs
Vedha 100 Truṭi 47.4 ms
Lava 3 Vedha 0.14 s
Nimeṣa 3 Lava 0.43 s
Kṣaṇa 3 Nimesha 1.28 s
Kāṣṭhā 5 Kṣaṇa 6.4 s
Laghu 15 Kāṣṭhā 1.6 min
Danda 15 Laghu 24 min
Muhūrta 2 Danda 48 min
Ahorātram (Day) 30 Muhūrta 24 h
Masa (Month) 30 Ahorātram 30 days
Ritu (Season) 2 Masa 2 months
Ayana 3 Rutu 6 months
Samvatsara (Year) 2 Ayana 360 days
Ahorātram of Deva
§Lunar metrics[edit]

• A Tithi or lunar day is defined as the time it takes for the longitudinal angle between the moon and the Sun to increase by 12°.[1] Tithis begin at varying times of day and vary in duration from approximately 19 to approximately 26 hours.[citation needed]
• A Paksa (also Pakṣa) or lunar fortnight consists of 15 tithis.
• A Māsa or lunar month (approximately 29.5 days) is divided into 2 Pakṣas: the one between new moon and full moon(waxing) is called gaura (bright) or Śukla Pakṣa; the one between full moon and new moon (waning) Kṛṣṇa (dark)paksha
• A Ṛtu (or season) is 2 Māsa[2]
• An Ayana is 3 Ṛtus
• A year is two Ayanas [1][3]

§Tropical metrics[edit]

• A Yāma = 1/4 of a day (light) or night [ = 7½ Ghatis (घटि) = 3¾ Muhurtas = 3 Horas (होरा) ]
• Four Yāmas make half of the day (either day or night)
• Eight Yāmas make an Ahorātra (day + night)
• An Ahorātra is a tropical day (Note: A day is considered to begin and end at sunrise, not midnight.)

Name Definition Equivalence
Yama याम ¼ th of a day (light) or night 3 hours
Sāvana Ahorātram सावन अहोरात्रम् 8 Yamas 1 Solar day
§Reckoning of time among other entities[edit]
§Reckoning of time amongst the Pitṛs (forefather)[edit]

• 1 human fortnight (15 days) = 1 day (light) or night of the Pitṛs.
• 1 human month (30 days) = 1 day (light) and night of the Pitṛs.
• 30 days of the Pitṛs = 1 month of the Pitṛs = (30 × 30 = 900 human days).
• 12 months of the Pitṛs = 1 year of the Pitṛs = (12 months of Pitṛs × 900 human days = 10800 human days).
• The lifespan of the Pitṛs is 100 years of the Pitṛs (= 36,000 Pitṛ days = 1,080,000 human days = 3000 human years)[citation needed]

• 1 day of the Devas = 1 human year
• 1 month of the Devas = 30 days of the Devas
• 1 year of the Devas (1 divine year) = 12 months of the Devas

§Reckoning of time amongst the Devas[edit]
The life span of any Hindu deva spans nearly (or more than) 4.5 million years. Statistically, we can also look it as …

• 12000 Deva Years = Life Span of Devas = 1 Mahā-Yuga.

The Viṣṇu Purāṇa Time measurement section of the Viṣṇu Purāṇa Book I Chapter III explains the above as follows:

• 2 Ayanas (6-month periods, see above) = 1 human year or 1 day of the devas
• 4,000 + 400 + 400 = 4,800 divine years (= 1,728,000 human years) = 1 Satya Yuga
• 3,000 + 300 + 300 = 3,600 divine years (= 1,296,000 human years) = 1 Tretā Yuga
• 2,000 + 200 + 200 = 2,400 divine years (= 864,000 human years) = 1 Dvāpara Yuga
• 1,000 + 100 + 100 = 1,200 divine years (= 432,000 human years) = 1 Kali Yuga
• 12,000 divine year = 4 Yugas (= 4,320,000 human years) = 1 Mahā-Yuga (also is equaled to 12000 Daiva (divine) Yuga)
• [2*12,000 = 24,000 divine year = 12000 revolutions of sun around its dual]

§Reckoning of time for Brahma[edit]

• 1008 Mahā-Yugas = 1 Kalpa = 1 day (day only) of Brahma

(2 Kalpas constitute a day and night of Brahma, 8.64 billion human years)

• 30 days of Brahma = 1 month of Brahma (259.2 billion human years)
• 12 months of Brahma = 1 year of Brahma (3.1104 trillion human years)
• 50 years of Brahma = 1 Parārdha
• 2 parardhas = 100 years of Brahma = 1 Para = 1 Mahā-Kalpa (the lifespan of Brahma)(311.04 trillion human years)

One day of Brahma is divided into 10,000 parts called charaṇas. The charaṇas are divided as follows:

The Four Yugas
4 charaṇas (1,728,000 solar years) Satya Yuga
3 charaṇas (1,296,000 solar years) Treta Yuga
2 charaṇas (864,000 solar years) Dvapara Yuga
1 charaṇas (432,000 solar years) Kali Yuga
Source: [2]
The cycle repeats itself, so altogether there are 1,000 cycles of Mahā-Yuga in one day of Brahma.

• One cycle of the above four Yugas is one Mahā-Yuga (4.32 million solar years)
• as is confirmed by the Gītā Śloka 8.17 (statement) "sahasra-yuga-paryantam ahar yad brahmaṇo viduḥ rātriṁ yuga-sahasrāntāṁ te 'ho-rātra-vido janāḥ", meaning, a day of brahma is of 1000 Mahā-Yuga. Thus a day of Brahma, Kalpa, is of duration: 4.32 billion solar years. Two Kalpas constitute a day and night (Adhi Sandhi) of Brahma
• A Manvantara consists of 71 Mahā-Yuga (306,720,000 solar years). Each Manvantara is ruled by a Manu.
• After each Manvantara follows one Saṃdhi Kalā of the same duration as a Kṛta Yuga (1,728,000 = 4 Caraṇa). (It is said that during a Saṃdhi Kalā, the entire earth is submerged in water.)
• A Kalpa consists of a period of 4.32 Billion solar years called followed by 14 Manvataras and Saṃdhi Kalas.
• A day of Brahma equals

(14 times 71 Mahā-Yuga) + (15 × 4 Charaṇas)
= 994 Mahā-Yuga + (15 * 4800)
= 994 Mahā-Yuga + (72,000 years)[deva years] / 6 = 12,000[deva years] viz. one maha yuga.
= 994 Mahā-Yuga + 6 Mahā-Yuga
= 1,000 Mahā-Yuga
§The Surya Siddhanta definition of timescales[edit]
The Surya Siddhanta [Chapter 14 Mānādhyāyah (मानाध्यायः)], documents a comprehensive model of nine divisions of time called māna (मान) which span from very small time units (Prāņa [प्राण] - 4 seconds) to very large time scales (Para [पर] - 311.04 Trillion solar years).[citation needed]

dragging hinduism into everything....

 

[Span]

You have NO IDEA what kind of patronage the government can give. What the centre can give and does give is ENORMOUS. They can twist laws to favor their chosen ones. They can give industrial licenses and subsidies for chsoen ones. Land becomes easy to acquire, doles are give out, laws are twisted to keep others out of lucrative business. Even in this 'fair' auction you find that ones that are winning are your most notorious ones- Relaince for instance. Are we to believe that somehow they were fair and like schoolboys just stood their with their bids? Of course not. And suddenly the opponents of reliance, like the Ruias are on the downslide.

Haha so true! I still remember the change in end user sector of coal extraction, was changed from steel to power (or vice versa) by the Modi government randomly and my brother's company, an opponent to Adani's, stood to lose thousands of crores in investment on setting up of the plant next to the allocated coal mine.

Thankfully the SC stayed the order and pulled up the government for its random change in policy.

 

[dray]

This is a social good, not a private good so profit maximization is not always the option. Utility maximization usually is.

Right, giving away precious national resources for free to private businesses is social good.

Let's say you give me a cow for free. It gives 5L milk everyday, worth Rs.120 market price but sell at Rs. 150.
Now there's another guy who also got a cow for free, gives the same amount of milk and he's in direct competition with me. Do you think I'll sell at Rs. 150 or just at a marginal profit price so I can remain in competition?

Couldn't have explained it simpler, that's what you call the market forces coming into play.

And who do you think wins in this situation? The consumer obviously, since the acquisition cost doesn't get passed on to him.

I see the 2nd guy who got the cow, which was a national property, for free to make some quick bucks is the ultimate winner.

 

[Echo_419]

Fair enough.

Modi government could've avoided the cancellation of operational coal mines at least, it chose not to. Could've also adopted another mechanism to allocate coal blocks, chose not to. Risking the nation's energy security, are we?

Do you think the opposition would have spared the govt if it didn't followed the courts order by the book specially with his pro-corporate image

 

[Ind4Ever]

What a waste time you guys been doing ... absurd thread !!! We already auctioned it for 2 lakh crore rupees . Easy money for government . Means more developments for us . People of India. Please omit and forget these congress and other anti national parties. Who want to stop nations development for the sake if politics ...

 

[rajnikant]

'Our whole concept of coal mine allocations is wrong'

'Our whole concept of coal mine allocations is wrong' - Rediff.com Business

I've been questioning the Coal allocation from the time they started giving spectacular numbers like 700 lakh crores and so on. Like calling IMF wrong on economy, not Bhakt will jump in and say coal 'exoert' is wrong on coal too. So 3, 2, 1.......

I have fundamental problems with mines being allocated to end-users. Mining is a commercial operation. It needs expertise and technology.’
‘If someone has a power plant, how does he become an expert in mining coal? Someone has a steel plant, his expertise is in making steel and not making coal or the mining of coal.’
‘There are 3 million people without electricity and it is not that power capacities are not there. Power capacities exist but they do not have the coal to produce electricity.’
Coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that the NDA's e-auction of coal blocks will not solve the fundamental problems that dog the industry.
Sunjoy Joshi, (below, left) a former bureaucrat, is director of the Observer Research Foundation, and is known for his expertise on issues related to energy, climate change and development studies. Joshi, who has also worked abroad, took premature retirement in 2009 and has since contributed to making the ORF think-tank hyperactive. His experience in government service puts him in a unique situation to understand the working of policies. At ORF, Joshi is presently working on a programme on ‘India and China: Energy imperatives for a changing world’.
The auction of 33 coal mines by the coal ministry has given mine-owning states a potential revenue of around Rs 2 lakh crore.
With the new National Democratic Alliance government trying to put the coal sector in order, Joshi discusses the status of the coal sector in India with Sheela Bhatt/Rediff.com. (The interview was conducted before the coal mines online auction took place).
Find out why Joshi thinks the online auction of India’s coal mines is wrong. The first of a two-part interview.
Recently industrialist Gautam Adani was in the news for buying a coal mine in Australia. Why is the import of coal so important? Can you explain the current scene in the industry? Why does India have to import coal when it has so much of reserves?
In the present situation India should not be importing coal as we have the fourth largest coal reserves in the world. But there are two fundamental problems. One, that our coal is of a very poor quality, its ash content is very high. In fact, the ash content is so high that when we talk to power plant operators, they say that Coal India Ltd (the government-owned coal company) sends us stones rather than coal. Also, we are transporting stones over great distances, across the length and breadth of the country, and wasting fuel and energy.
Australian coal has a much higher calorific content. That is one problem but the bigger problem is that the coal production in our country just doesn’t scale up and coal-based power companies have not been able to take off in India because of the inability of coal producers to get coal across to them.
It has a lot to do with the domestic policy environment in coal production that is forcing companies to go out and search for coal assets abroad. There was a time when coal abroad was very expensive. While national prices have become high today, international prices are low.
So if you are looking for new acquisitions, ie, green field acquisitions, this is the time to go and buy assets abroad because the prices in the international market have fallen. But unfortunately, most of the acquisitions that Indian companies have made, we have the tendency of often entering the market at the wrong time.
We entered the market and acquired coal access in a period of high prices and then we faced certain regulatory dilemmas with countries like Indonesia and even Australia where the government stepped in with interventions as to what price the coal could be exported to India, which then affected the viability of power plants set up on the basis of that coal. It’s a complex industry and the sector is actually complicated by the kind of regulatory interventions which keep coming in from time to time.
But from the producer’s point of view -- like from Adani’s point of view -- who are in the coal import-export business, when the market is low his margin will be low.
But the point is if you’re acquiring an asset, this is not a new asset, it makes sense always to acquire a resource when prices are low because valuations are low. So you’re going to get it cheap. And these being energy assets and with energy prices being very volatile, you will always make money on the upside, when the prices again rise up. So it is a matter of fluctuating supply and demand.

Bhai Tu rehne de...Pappu ki tarah tumse bhi na ho paega, thak jaega yaar dhaage kholte kholte
you your self know it is whole bullshit like your other threads but you AdarshLiberals are stuck by it. Get well soon.

 

[Guynextdoor2]

Bhai Tu rehne de...Pappu ki tarah tumse bhi na ho paega, thak jaega yaar dhaage kholte kholte
you your self know it is whole bullshit like your other threads but you AdarshLiberals are stuck by it. Get well soon.

Shoooo......

 

[rajnikant]

You have NO IDEA what kind of patronage the government can give. What the centre can give and does give is ENORMOUS. They can twist laws to favor their chosen ones. They can give industrial licenses and subsidies for chsoen ones. Land becomes easy to acquire, doles are give out, laws are twisted to keep others out of lucrative business. Even in this 'fair' auction you find that ones that are winning are your most notorious ones- Relaince for instance. Are we to believe that somehow they were fair and like schoolboys just stood their with their bids? Of course not. And suddenly the opponents of reliance, like the Ruias are on the downslide.

if you have proof sue them...file PIL but stop your BS propoganda here..
#YoAdarshLiberal

Shoooo......

Poperly identify urself as AdarshlLiberal on Opening post itself...use your mum not the other hole, dont brain fart here.

 

[Span]

Do you think the opposition would have spared the govt if it didn't followed the courts order by the book specially with his pro-corporate image

The court merely quashed the issued licenses, citing lack of transparency in the laid down procedure, the courts don't have the authority to instruct the government on how the allocation of these coal mines are supposed to take place, it vests exclusively with the government.

As for the opposition, mainly Congress, they were the ones who chose not to auction these, why would they create a fuss now?

 

[Guynextdoor2]

if you have proof sue them...file PIL but stop your BS propoganda here..
#YoAdarshLiberal


Poperly identify urself as AdarshlLiberal on Opening post itself...use your mum not the other hole, dont brain fart here.

Fucking do take ka Chutiya bhakt whose DNA is unclear where it came, who mommy and who daddy from is talking about holes.

 

[rajnikant]

Do you think the opposition would have spared the govt if it didn't followed the courts order by the book specially with his pro-corporate image

If he can think, he would have read before what he is posting. Alaas but these AdarshLiberals are sore loosers and there lose is more aggravated by the fact the coal auction has just began and achieved what those fools cant gather in 60 years.

Fucking do take ka Chutiya bhakt whose DNA is unclear where it came, who mommy and who daddy from is talking about holes.

But every body knows where is ur kinds of DNA course comes from, you all Liberals have only one kind of Italian and now hybrid Kejri DNA.
and please don't embarrass me, I wont go to your level and call your parents name. which is kind of speciality of retards and shows moral bankruptcy.

 

[Guynextdoor2]

If he can think, he would have read before what he is posting. Alaas but these AdarshLiberals are sore loosers and there lose is more aggravated by the fact the coal auction has just began and achieved what those fools cant gather in 60 years.


But every body knows where is ur kinds of DNA course comes from, you all Liberals have only one kind of Italian and now hybrid Kejri DNA.
and please don't embarrass me, I wont go to your level and call your parents name. which is kind of speciality of retards and shows moral bankruptcy.

SHooo Bhakt Shoo......