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PM Narendra Modi said that the historic decision of opening up the coal sector for private players will take the sector out of a decades-long lockdown
The Central government is set to launch auction of coal mines for commercial mining on June 18
The Cabinet has approved the methodology for auction of coal and lignite mines/blocks and for sale of coal/lignite on revenue-sharing basis by the private sector
The government has announced opening the coal sector for commercial mining, ending the government monopoly on the sector