The current legislative framework in relation to eligibility with respect to coal mining in India is the Coal Mines (Nationalization) Act, 1973 (´CMN Act´). Under the CMN Act, nationalization of coal mines was completed in two phases.
Tag: CMN Act
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A blueprint for private participation
Though PPP in coal mining can enhance coal production, the successful implementation of a PPP structure largely depends on the balance between risk allocation and financial gain.