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News Misc. Corporate Laws & Other Commercial Policies

  • Oct 22, 2014
  • Private companies will be allowed commercial coal mining soon: Jaitley

    A day after deciding to e-auction coal mines cancelled by Supreme Court to captive users, finance minister Arun Jaitley on Tuesday said commercial mining of coal will soon be opened for private sector firms."They (private companies) are already there for end use (captive mining)... I can't bind myself by a timeline, but there would be some players, hopefully very soon they should be there in the field," he said, when asked when the private sector would be allowed to enter the coal mining without end-use restrictions.

    Source - http://www.hindustantimes.com