Purposes of Coal Mines Ordinances - Budget & Economic Survey
Q. The purposes of the Coal Mines Ordinances are
1) Provide for allocation of coal mines to steel, cement, and power utilities.
2) Ensure smooth transfer of rights, title, and interests in the mines / blocks and other associated mining infrastructure to the new allottees.
3) Cancellation of certain previously allotted Coal blocks.- Published on 06 Aug 15a. Only 3
b. Only 1 and 2
c. Only 2 and 3
d. All of the above
ANSWER: Only 1 and 2
The allocation to the coal blocks was cancelled by the Supreme Court and not the ordinance. The allocation of coal blocks would now be made in line with the provisions of the ordinances and rules made under them and the auction of coal blocks would be through an e-auction process in order to keep the process transparent.
