{"id":283027,"date":"2019-07-18T06:12:17","date_gmt":"2019-07-18T06:12:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283027"},"modified":"2019-07-18T06:23:33","modified_gmt":"2019-07-18T06:23:33","slug":"govt-may-split-coal-india-to-boost-competition-raise-funds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-may-split-coal-india-to-boost-competition-raise-funds\/","title":{"rendered":"Govt may split Coal India to boost competition, raise funds"},"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 is not public. \u201cThe development is in an early stage and it was unclear how long it may take,\u201d the people added. <\/p>\n<p>Prime Minister Narendra Modi\u2019s government has sought to sell some state assets to raise funds, and these dinvestments will continue to remain a priority,<\/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 is not public. \u201cThe development is in an early stage and it was unclear how long it may [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-283027","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283027","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283027"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283027\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}