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Hike in royalty on coal blocks in the offing
01 Oct 2011
1 Min Read
Editorial Team
In response to the request to revise royalty rates, the centre is considering a proposal to hike royalty rates on coal and lignite blocks. The proposal is under consideration of a study group that has collected views of the concerned stakeholders.The new royalty rates will be notified by the government after examining the recommendations of the said study group. Meanwhile, the coal ministry has requested the environment ministry to expedite green clearances to coal mining projects.
In response to the request to revise royalty rates, the centre is considering a proposal to hike royalty rates on coal and lignite blocks. The proposal is under consideration of a study group that has collected views of the concerned stakeholders.The new royalty rates will be notified by the government after examining the recommendations of the said study group. Meanwhile, the coal ministry has requested the environment ministry to expedite green clearances to coal mining projects.
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