Will privatisation help fire up the coal industry?
In the absence of transport network and faster envt clearances, benefits will be limited
After nearly 40 years of state ownership, the chorus of support for privatisation of coal mines is growing louder. With the economy ravenously short of coal to fire its power plants, and the state-owned Coal India Limited (CIL), which has a near monopoly in the sector, failing to meet the ever increasing demand from industry, the cause of privatisation is gathering strength.
Publication Date:
15/01/2013