Thursday, March 26, 2015

Mineral Resources- Coal Mining

Why coal mining restricted to Captive mining only, and not completely open for trade (buying and selling in the open market) whereas the same is permitted for other minerals?

The primary reason is coal is not just a mineral which is a just a raw material for a particular product- it is a major soyource of energy in India. Unlike other countries...India produces twice the amount of energy from coal than from oil. Coal is the power soyource for us...So regulation of coal is in order to ensure energy security.
Unregulated mining and sales of coal will deplete us of your resources....threatening our energy security and thereby our entire economy.

Sir by captive we mean restriction or what?

No...captive means they r fixed for a particular consumer...say a thermal power plant or a steel industry...a mine from which whatever is mined can be consumed by the fellow who has permit in his/her industry...not to sell it outside

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