The Viewpoint Presidential Directive to Ease Coal SupplyMay 8 2012
By Neeraj Menon and Lzafeer Ahmad
The nationalization of coal mines in the year 1973 paved the way for the Government of India to assume the responsibility of managing the coal mines through Coal India Limited (CIL) and its subsidiaries. The objects clause of the Memorandum of Association encapsulates the role of CIL and provides that it must act “as an entrepreneur on behalf of the State in respect of the coal industry and plan and organize production of coal as also its beneficiation and the manufacture of other by-products of coal . . .
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