Govt to launch coal import monitoring system
The government plans to launch the coal import monitoring system from February, making it mandatory for importers to disclose future shipments.
Importers of coking coal, steam coal and bituminous coal would have to gain a permit ahead of deliveries, the commerce and industry ministry said.
The move is expected to encourage domestic coal production and make the recently auctioned commercial coal mining viable in the country.
“The coal import monitoring system (CIMS) shall require importers to submit advance information in an online system for import of items and obtain an automatic registration number,” it said.
