"The CAG has clarified there is no report. When there is no report what is there to clarify," he told reporters at Rashtrapati Bhavan.
He was asked questions on the media report on the basis of an initial auditor report which had estimated a loss of over Rs 10 lakh crore on account of allocation coal blocks to 100 public and private sector companies without auction during 2004-09.
Singh said the CAG has written a letter and the PMO has released a part of the letter. On the roll back of the hike in passenger fares in the Railway Budget, he said the new minister has promised that it will not have any effect on the budgetary estimates.
He has also promised to make up for the loss through advertisements and disposal of commercial utilisation of land.
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