In a bid to therefore, open up the coal mining

In a bid to therefore, open up the coal mining

Growing power sector started demanding higher supply of coal which could not be fulfilled by the state run CIL, leading to higher demand supply gap which started converting into disproportionate imports, between 2004 2014. In a bid to therefore, open up the coal mining sector to attract global bidders for auctions and boost FDI in mining and remove end user restrictions, the union cabinet in January this year promulgated the Mineral Laws (Amendment) Ordinance 2020. The ordinance made amendments to the Coal Mines (Special Provisions)Act, 2015, undoing the herculean blunder by Indira Gandhi and successive Congress led dispensations.

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