The coal ministry has objecĂÂted to a proposal to make it mandatory for mining firms to contribute a portion of their profits towards local area develĂÂopment, as it will erode valuaĂÂtion of firms and dampen invesĂÂtor sentiment.
Tag: employment
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Captive coal blocks: Capturing future scarcity today
The coal ministry is expected to table the Coal Regulatory Authority Bill in the Parliament in the ongoing Budget Session. If passed, it would mean a new era in transparency in captive coal block allocation.
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Infra Hiring: Perception vs reality
Much planning has gone into the infrastructure sectors, but as repeatedly reported in the media, the sectors have not performed to expectations.
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