Modi govt moves to reform problem-plagued coal industry
The ordinance -- or executive order -- takes initial steps towards ending a four-decade monopoly on mining and selling coal after the industry was nationalised in 1972 creating Coal India, one of the world`s biggest miners.
Oct 21, 2014, 13:59 PM ISTSC verdict on coal mines could trigger reforms in sector: S&P
The recent cancellation of coal block allocations by the Supreme Court provides an opportunity for the government to reform the process of awarding coal mines in the country, S&P said on Wednesday.
Oct 01, 2014, 18:27 PM IST