Prime Minister Manmohan Singh has approved formation of a ministerial panel, headed by Finance Minister Pranab Mukherjee, to sort out environmental issues hurting coal production.
This comes in the backdrop of ever widening demand-supply gap in Coal which is likely to touch 142 Million tonnes next fiscal and classification of 203 coal blocks by environment ministry as "no-go" zones. "Prime Minister Manmohan Singh has given consent for the formation of a 12-member Group of Ministers (GoM), mainly to consider issues impacting coal production and development projects in the country," a top Coal Ministry official told PTI. The panel has been asked to finalise its recommendations within two months.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
