{"id":388918,"date":"2020-12-10T10:57:44","date_gmt":"2020-12-10T05:27:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388918"},"modified":"2020-12-10T10:57:44","modified_gmt":"2020-12-10T05:27:44","slug":"government-should-not-hoard-mines-and-create-artificial-scarcity-naveen-jindal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/government-should-not-hoard-mines-and-create-artificial-scarcity-naveen-jindal\/","title":{"rendered":"Government should not &#8220;hoard&#8221; mines and create artificial scarcity: Naveen Jindal"},"content":{"rendered":"<p>Kolkata: Jindal Steel NSE 1.24 % and Power Ltd Chairman Naveen Jindal on Wednesday said the Union government should not &#8220;hoard&#8221; mines and create artificial scarcity, putting up only a few blocks for auction. He said India being a very competitive market, such scarcity leads to intense bidding and unsustainable valuation.<\/p>\n<p>&#8220;Government has taken care of a lot of challenges, and commercial mining was a bold move&#8230; It should help the sector&#8230; But, the government cannot hoard blocks and create artificial scarcity,&#8221; Jindal said at the Bengal Chamber of Commerce-organised virtual mining conclave.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Jindal Steel NSE 1.24 % and Power Ltd Chairman Naveen Jindal on Wednesday said the Union government should not &#8220;hoard&#8221; mines and create artificial scarcity, putting up only a few blocks for auction. He said India being a very competitive market, such scarcity leads to intense bidding and unsustainable valuation. &#8220;Government has taken care of a lot of challenges, and commercial mining was a bold move&#8230; It should help the sector&#8230; But, the government cannot hoard blocks and create artificial scarcity,&#8221; Jindal said at the Bengal Chamber of Commerce-organised virtual mining conclave.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-388918","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388918","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=388918"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388918\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}