- News Updates
- PSU Watch
- Defence News
- Policy Watch
- हिन्दी न्यूज़
- Jobs Watch
- States News
- Event News
New Delhi: Eight PSUs have submitted requests to surrender 11 non-operational coal mines under an amnesty scheme, Union Minister for Coal Pralhad Joshi told the Rajya Sabha on Monday. In a written response to a question raised in the House, Coal Minister Pralhad Joshi said that till date, the government has received requests for surrender of 11 coal blocks allotted to three Central PSUs and five state PSUs following the policy being issued. "Ministry of Coal has issued an amnesty scheme in May 2022 granting one-time window to allottee government companies to surrender non-operational coal mines without penalty," Joshi explained.
The government had earlier allowed PSUs to surrender non-operational coal mines without giving any reason.
The government had said that the move would release several coal mines which the PSU allottees were not in a position to develop or were disinterested and could be auctioned as per the auction policy.
It had granted three months' time to the allottee government companies to surrender the coal mines from the date of publication of the approved surrender policy.
As of December 2021, 45 out of the 73 mines allotted to PSUs remained non-operational.
The delays were due to reasons beyond the control of allottees, for example, law and order issues, enhancement in the area of forest from what was declared earlier, resistance of land-holders against land acquisition and geological surprises in terms of availability of coal resources.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)
