{"id":282978,"date":"2019-07-18T05:59:02","date_gmt":"2019-07-18T05:59:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=282978"},"modified":"2019-07-18T05:59:02","modified_gmt":"2019-07-18T05:59:02","slug":"india-considers-breaking-up-worlds-top-coal-miner-coal-india-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-considers-breaking-up-worlds-top-coal-miner-coal-india-report\/","title":{"rendered":"India considers breaking up world&#8217;s top coal miner Coal India: Report"},"content":{"rendered":"<p>India may spin off units of Coal India Ltd., the world\u2019s largest coal miner, into separate listed companies to boost competition and raise government funds, according to people with knowledge of the matter.<\/p>\n<p>The state-run company and the coal ministry are studying a proposal by the finance ministry\u2019s Department of Investment &amp; Public Asset Management to list four of Coal India\u2019s biggest production units, as well as its exploration arm, said the people, who asked not to be named as the plan isn\u2019t public. The development is in an early stage and it was unclear how long it may take, the people added.<\/p>\n<p>Prime Minister Narendra Modi\u2019s government has sought to sell some state assets to raise funds, and these divestments will continue to remain a priority, Finance Minister Nirmala Sitharaman said July 5, setting a record target of raising 1.05 trillion rupees ($15 billion) in the current fiscal year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>India may spin off units of Coal India Ltd., the world\u2019s largest coal miner, into separate listed companies to boost competition and raise government funds, according to people with knowledge of the matter. The state-run company and the coal ministry are studying a proposal by the finance ministry\u2019s Department of Investment &amp; Public Asset Management to list four of Coal India\u2019s biggest production units, as well as its exploration arm, said the people, who asked not to be named as the plan isn\u2019t public. The development is in an early stage and it was unclear how long it may take, [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[190,139,130],"tags":[],"class_list":["post-282978","post","type-post","status-publish","format-standard","hentry","category-coal-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=282978"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282978\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=282978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=282978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=282978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}