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Commercial mining of coal through revenue sharing mechanism soon: FM Nirmala Sitharaman

May 16, 2020, 05:14PM ISTSource: Times Now

Union Finance minister Nirmala Sitharaman announced the fourth tranche of measures of the government's 'Atmanirbhar Abhiyan', with a view to revive the Indian economy. FM Nirmala Sitharaman said, ‘We need to reduce the import of sustainable coal and increase self-reliance in coal production. The government will introduce competition, transparency and private sector participation in the coal sector through revenue sharing mechanism.’ The tranche was a part of Rs 20 lakh crore special economic package announced by Prime Minister Narendra Modi.

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