CII wants govt to de-regulate coal sector

In its report on Bulk Mineral Allocation methodology, Confederation of Indian Industry (CII) suggested the government to de-regulate coal sector and allow private miners to sell the coal they mine, upon de-nationalisation.

This will add an option value to the blocks being allocated, the report said.

The industry body feels that private firms should be allowed to sell the coal they mine as it would make the sector more competitive.