Policy hurdles to coal output

The Presidential directive on Coal India Limited (CIL), to enter fuel supply pacts with power producers, displays an element of resolve on the government's part, in removing hurdles to the Indian growth story. It is common knowledge that to guarantee availability of cheap energy sources, India should optimise its domestic production. The expectation is that, having put aside the financial interests of CIL before ‘national interest', the government will seek to ensure the growth of the beleaguered coal mining sector.

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