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Page added on December 28, 2006

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India: Privatisation central to coal mining policy

Indian coal industry is a classic example of a sector that despite its enormous potential has failed to make any significant impact at the global level.


With coal reserves of over 250 billion tonnes, one of the highest globally, the country should have made strides and should have become a major energy provider for the world. However, the situation today is that from a surplus status, the country’s coal production is in deficit and imports have been increasing with each successive year
Economic Times



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