“We can also take a decision that in future only commercial mining will be done.... things are evolving, we will see. This will be another experience of commercial mining auctions. The cabinet had last week approved auctioning of coal mines to any firm bidding the highest per tonne price. Terming commercial mining a “full-fledged reform” in the coal sector, the secretary said the government is evaluating whether it is advisable to go for end-use restrictions. In the following year, it permitted the allotment of coal mines to states for mining and commercial sale to medium, small and cottage industries.

Source: Mint February 25, 2018 08:03 UTC