Govt approves ordinance to amend law to ease auction of coal mines
The government on Wednesday approved an ordinance to amend a law in order to ease rules for auctioning of coal mines and opening it for steel and power sectors. The decision taken by the cabinet chaired by Prime Minister Narendra Modi will also do away with end-use restriction of the mining blocks, coal mindister Pralhad Joshi Said. The cabinet has approved promulgation of Mineral Laws (Amendment) Ordinance 2020. The ordinance will ease rules for auctioning coal mines to open up to all sectors.