Coal Index Will Ensure Price Linked To Global Market
  • WebDesk BTVI
  • Aug 05 2019

In what appears to be a pathbreaking move, the government is contemplating setting up a coal price index. A panel headed by the former CVC Pratyush Sinha, former CBI chairperson Arundhati Bhattacharya, and others will meet stakeholders from power, steel and other industries in Delhi on August 8. Creation of an index means the coal price in India will no longer be a preserve of government and Coal India Ltd but will be linked to global market. Shantanu Guha Ray gives more details.