The CAG chose to indict Manmohan Singh by starting its study of coal mine allocations from 2004, the year he took over. Why? Because that is when the government first mused that coal block auctions might be a good idea. So Dr Singh gets indicted – for having the right idea in the first place. Talk about perverse incentives. He should have just kept quiet – not something that’s often said about Manmohan Singh.

-Mihir S. Sharma

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