I am writing to thank you for carrying the article dated 12/08/2020 entitled `Real aim behind coal privatisation’ which carried the by-line `When profitability of coal mining was low, state monopoly was established. Now when profitability is high, privatisation is being pursued’. This is the essence of the activities of
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Real aim behind coal privatisation
When profitability of coal mining was low, state monopoly was established
Now when profitability is high, privatisation is being pursued
Coal mining is today an extremely profitable industry in India. It has been estimated that there will be an ever increasing demand for coal by different branches of industry. Metallurgical coal (Coking coal) is necessary to run the steel plants. Non coking coal is used by coal-based power plants and by the aluminum, cement and fertilizer industries.
Continue readingAgainst the False Propaganda about Coal Privatisation
At a time when workers are organising strikes and other protest actions against the auction of 41 coal mines to private companies for commercial mining, government spokesmen are promoting various so-called justifications. Prime Minister Modi has claimed that his government is “unlocking India’s coal sector from decades of lockdown”.
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