- This step will also lead to energy security of the country as 70 per cent of India’s electricity is generated from thermal power plants. This will help provide power to all 24x7.
- Influx of international players will create an efficient and competitive coal market in India.
- It is expected to bring state of the art coal mining technology to the country & will help in environmentally sustainable mining.
- This decision will also create direct and indirect employment in coal bearing areas and will have a positive impact in the economic development of these regions.
- Reform is likely to help the coal bearing states get more revenue.
An initiative by Avinash Agarwal to provide comprehensive and accurate information, resources, and support for individuals preparing for the UPSC Civil Services Examination.
Friday, August 30
5 Benefits of 100% FDI in Coal Mining
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