Planning Commission Member BK Chaturvedi has said that the Union government should allow private players to take up coal mining in the country. The coal policy of India is in dire need for revamp.
The government should look at a new policy which allows private players to take up coal mining, Chaturvedi said at an event organised by industry body Ficci in Delhi.
A statement by Ficci quoted Chaturvedi as saying that if opening up of the sector to the private players is not feasible, the government should allow some of the major companies to invest and use the best technologies to mine coal in India by substantially incentivising their initiative.