Govt offers sops to boost coal mining

Reforms address challenges of high capital investment and longer gestation period

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Ina bid to speed up the operationalisation of underground coal blocks, the government on Thursday announced new incentives like waiving off of the upfront payment.

The push for underground coal mining aligns with the country’s drive for sustainable coal production.

“In a decisive step towards revitalising India’s coal sector, the Ministry of Coal has introduced a series of transformative policy measures aimed at promoting underground coal mining,” an official statement said.