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Government Committee Recommends Privatisation of Coal Sector - sources

Coal News - Published on Mon, 16 Sep 2019

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Coal secretary and Niti Aayog vice-chairman, has recommended some sweeping policy changes to reform the coal sector, ET NOW reported high level committee, comprising cabinet secretary, Department of Economic Affairs secretary, revenue secretary.

Government sources told the channel that a high-level panel has recommended reforms to privatise the coal sector. One of the biggest recommendations is to move away from any allocation of captive coal mines. A one-year roadmap has been recommended to shift all concessions to commercial mining.

All new auctions or allotments of coal mines has been recommended for commercial purpose only.

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Posted By : Rabi Wangkhem on Mon, 16 Sep 2019
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