{"id":289513,"date":"2019-08-30T05:38:41","date_gmt":"2019-08-30T05:38:41","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289513"},"modified":"2019-08-30T05:38:41","modified_gmt":"2019-08-30T05:38:41","slug":"private-coal-mining-to-take-a-while-yet-in-india-despite-fdi-clearance","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/private-coal-mining-to-take-a-while-yet-in-india-despite-fdi-clearance\/","title":{"rendered":"Private coal mining to take a while yet in India, despite FDI clearance"},"content":{"rendered":"<p>MUMBAI : Even as India takes its first steps towards privatizing coal mining in India, it might be a while before the country sees active participation in the sector.<\/p>\n<p>On Wednesday, commerce and industry minister Piyush Goyal said 100% foreign direct investment (FDI) under automatic route in coal mining and associated infrastructure has been approved. This comes after a decision that the Modi government took in February 2018 that would allow auctions of coal-bearing blocks to private parties for commercial mining. Coal mining has so far been the exclusive domain of public sector Coal India Ltd.<\/p>\n<p>Before this, FDI was allowed only in captive coal and lignite mining by power projects, steel and cement companies. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI : Even as India takes its first steps towards privatizing coal mining in India, it might be a while before the country sees active participation in the sector. On Wednesday, commerce and industry minister Piyush Goyal said 100% foreign direct investment (FDI) under automatic route in coal mining and associated infrastructure has been approved. This comes after a decision that the Modi government took in February 2018 that would allow auctions of coal-bearing blocks to private parties for commercial mining. Coal mining has so far been the exclusive domain of public sector Coal India Ltd. Before this, FDI was [&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-289513","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\/289513","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=289513"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289513\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}