In view of the growing supply deficit of coal, the Planning Commission has suggested spinning off Coal India’s subsidiaries into separate entities so that each one of them can pursue its own goals.
“The industry would be better served if the subsidiaries were spun off as separate public sector companies encouraged to develop their own strategies of coal development including joint venture activities and acquisition of assets abroad,” said the 12th Five-Year (2012-17) Plan document.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/cil-subsidiaries-should-be-spun-plancom
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal-india
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/planning-commission
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/central-coalfields
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/private-sector
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
