India Looks To End Decades-Old State Monopoly On Coal Mining
India has taken an historic step towards ending the state monopoly on the mining and selling of coal by auctioning 41 mines in the country, a move that allows private companies to enter the sector. The announcement, which puts an end to more than four decades of state control over the coal industry, aims to solve a fuel shortage that threatens to choke the nation’s industrial activity. The measure also seeks to boost India’s economy to help the country recover from the economic toll of the coronavirus pandemic. Читать дальше...