Experts feel that unless the Coal Nationalisation Act is amended to allow mining by private companies, the government cannot create competition in the coal sector. The union cabinet recently approved the coal regulatory authority bill which envisages that the regulator would create regulations that bring in a level-playing field and more competition in the sector
Tag: competition
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Method for computing competitive gas price
Recently, the Cabinet Committee on Economic Affairs (CCEA) cleared the fixation of price of domestic natural gas according to the recommendations of the committee constituted under the Chairmanship of C Rangarajan on Production Sharing Contract (PSC) mechanism in the petroleum industry. The approved policy derives from global trade transactions of gas, the competitive price of gas at the global level by combining two
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Competition may deepen in port sector
Industry experts feel that the extent of competition in the port sector in India may deepen and broaden further on completion of the ongoing port projects. Major ports in India are facing very keen competition from the neighbouring non-major ports, both in respect of quality of services and in price, they argue
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Study shows steel firms must attain raw material security
Long-term success of steel companies would be determined by investment in raw material security, capital project management, customer centric measures, a study by consulting firm Accenture shows. The study also laid emphasis on building differentiated supply chains and securing human capital for t
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Copper makers suffer from high duty on raw material
Small and micro copper manufacturers in the country complain that their operation was unsustainable because of high import duty for raw material and less duty