Coal mining industry at the crossroads: Towards a Coal policy for liberalising India
AbstractThis paper presents an analysis of the current status of the Indian coal sector, which is poised for major changes with liberalisation and privatisation of the Indian economy, and critically analyses some policy issues. The state-owned Coal India Limited has been ailed by economic problems and has been responsible for causing serious social disruptions and environmental hazards in its areas of operation. The monopoly status that the public sector companies have enjoyed for over 3 decades has acted as a disincentive in improving the social and environmental performance of the industry, the major effort being put on improving the operational processes through the introduction of technology. The substantial liberalisation of the sector would need to prioritise not only a more integrated and investor-friendly regulatory environment but also take a close look at some old laws of colonial vintage, at issues relating to social equity and justice, and incorporate some of the international compliance standards being put forth by the international agencies. The paper also suggests that the government must develop and implement an integrated energy policy, of which coal is a part. Moreover, it must develop efficient coal markets and raise India's profile in the world coal markets, commensurate with India's status as the third-largest coal producer in the world.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by The Australian National University, Australia South Asia Research Centre in its series ASARC Working Papers with number 2007-16.
Date of creation: 2007
Date of revision:
Contact details of provider:
Postal: Crawford Building, Lennox Crossing, Building #132, Canberra ACT 0200
Phone: +61 2 6125 4705
Fax: +61 2 6125 5448
Web page: https://crawford.anu.edu.au/acde/asarc/
More information through EDIRC
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-11-17 (All new papers)
- NEP-CWA-2007-11-17 (Central & Western Asia)
- NEP-ENE-2007-11-17 (Energy Economics)
- NEP-ENV-2007-11-17 (Environmental Economics)
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.