Govt Forms Experts Committee To Supervise Coal Block Allocations
To make coal sector an investment-friendly sector, the Government has formed an inter-ministerial committee (IMC); it will comprise of representatives from different ministries and key departments.
“The committee will function under the chairmanship of Additional Secretary (Coal) and will have members from Ministry of Power, Ministry of Steel, Department of Industrial Policy & Promotion, Department of Economic Affairs and Department of Legal Affairs,” said Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy in a reply in Rajya Sabha.
The committee will be responsible for policy issues regarding the allocation of 204 coal blocks as well as will make suggestions on issues referred to the central government.
“To interact with the industry stakeholders, industry bodies such as FICCI, CII, ASSOCHAM, Coal Producer Association, Steel Manufacturer Association, Cement Producers Association etc. in order to ascertain their views on the procedure and methodology of auction of coal block. Any other issue referred by the Ministry of Coal in connection with coal block allocation,” added Goyal.