Coalgate case had sparked strong condemnation from all walks of life. The incidence erupted people's anger against the UPA government which got translated in the debacle of UPA'S government in 2014 Loksabha poll.
In a landmark decision, the Supreme Court cancelled 214 coal block allocations since 1993. The court said all coal block allocations were done in an illegal manner, breaching all the set guidelines . The Supreme Court declared that all coal mining rights assigned in the sixteen year period between 1993 and 2009 were illegal and there was absence of transparency in the process.

Noteworthy to notice, Supreme Court's judges apprises, that in handing out coal licenses 36 different committees from state and central governments acted arbitrarily and in spite of it country suffered big monetary losses.
It is really ironical that at one end government is causing losses of billions of dollars due to its inefficiency to allocate the resources in a transparent and profitable manner. On the other end the stringent laws dash the performance and profitability of the corporate sector not the politicians who are bigger culprits.