Steel players hail Govt’s decision to open coal sector

摘要

Indian steel industry on Wednesday welcomed the Government’s decision to promulgate an ordinance to open up coal mining in the country to non-coal companies. In a statement, apex steel industry body Indian Steel Association (ISA) said it hails the decision of the Cabinet to amend MMDR Act 1957 and Coal Mines (Special Provisions) Act 2015. “This is a huge reform announced by the Government on commercial mining in Coal. This change in Act will help the country to reduce its dependence on coal imports and help attract investments from Indian and Global corporates,” it said.