COAL & MINESECONOMY

Coal sector to play vital role in achieving target of $5 trillion economy: Amit Shah

Union Home Minister Amit Shah on Monday said coal sector will play a very important role in achieving the target of $5 trillion economy by 2022, the year marking the completion of 75 years of the country’s Independence.

Launching a single window clearance system for the coal sector, he said commercial coal mining auctions will now facilitate small and medium industries to receive coal supplies easily. The home minister said the coal sector has crossed an important milestone towards fulfilling the dream of ‘Aatmanirbhar Bharat’ (self reliant India) under the leadership of Prime Minister Narendra Modi.

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The coal sector will play a very important role in achieving the target of $5 trillion economy by 2022, the year marking the completion of 75 years of Independence, he said at the event, also attended by Union Coal Minister Pralhad Joshi. Shah said for a long time the need was felt to remove uncertainty in the coal sector and bring in transparency, which has been fulfilled by the Modi government.

He said till 2014, the coal sector seemed entangled in bureaucracy and lack of transparency amidst many allegations of corruption. Till that time, it was extremely difficult to work in this field, but in 2014, the government under the leadership of Prime Minister Modi made many changes and today with full transparency in the coal sector, equal opportunities are available for all, he said.

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moneycontrol
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