The Centre will announce reforms initiative for the mining sector in next 6-8 weeks, coal secretary Anil Kumar Jain said on Friday. As the government has opened up commercial mining to private players and unlocked 500 non-coal mineral blocks, new mining reforms will get adopted in the statute book in next 6-8 weeks.
“We expect commercialisation of mines to bring competitiveness and a level-playing field between PSUs and private players. Our aim is to encourage industry players to adopt sustainable technology solutions, including green mining, coal ash ponds and other newer technology vehicles, that can further accelerate the productivity with the economy of scale and also better environmental performance,” Jain said at a Ficci meeting.
