Coal Regulatory Authority Bill under consideration
Year end review report of the Ministry of coal reiterates Government of India commitment towards setting up of Coal regulator. As per this report, the Government has approved the setting up of Coal sector Regulatory Authority on June 27, 2013. As the enactment of the legislation through the Parliament would take some time, therefore, it was decided that a non-statutory regulator be set up through an appropriate executive order. Accordingly, the matter has been referred to the Ministry of Law for advice/ consultation for framing the executive order. On December 13, 2013, the Coal Regulatory Authority Bill was introduced in the Lok Sabha and is under consideration.