Launching the single window clearance portal for starting coal mines in the country, Home Minister Amit Shah on Monday said the coal sector would be a major contributor towards the goal of a $5-trillion economy.
“The pandemic may slow down our speed in realising the dream of becoming a $5-trillion economy but we will certainly achieve it,” he said, noting that reforms under the Narendra Modi government had brought transparency and ease of doing business to the coal sector, which was earlier thought to be contributing less that one-third of its total potential to the country’s economy.
The launch also included the signing of agreements with 19 successful bidders during the first ever auction of coal blocks for commercial mining, which had concluded in November.