India News | Soren Writes to Centre for 6-9 Moratorium of Coal Auction
Get latest articles and stories on India at LatestLY. Jharkhand Chief Minister Hemant Soren on Saturday wrote to Union Coal and Mines Minister Prahlad Joshi, demanding a moratorium of the auction process in the coal sector by six to nine months to ensure equitable sustainable mineral-based development in the state.
Ranchi, Jun 13 (PTI) Jharkhand Chief Minister Hemant Soren on Saturday wrote to Union Coal and Mines Minister Prahlad Joshi, demanding a moratorium of the auction process in the coal sector by six to nine months to ensure equitable sustainable mineral-based development in the state.
He said that Jharkhand wants to work alongside the Centre for the successful operation of the auction of minerals.
Sorens letter said several national and international companies would not be able to take part in the auction amid COVID-19 pandemic and foreign travel restrictions.
A release from the CMO quoting excerpts from Sorens letter said, "Even domestic enterprises are facing financial crisis due to the tardy pace of the economic system, and it will have an impact on the process of auction."
Writing about the necessity of keeping social interest, protection of the environment and economic development, Soren said that deliberations with different stakeholders are required for a balanced policy-based mechanism.
Also taking to Twitter, Soren said, "Although we welcome @CoalMinistry decision to open up Indias coal sector to commercial mining, we strongly demand (a) moratorium period of 6-9 months on the auction process to ensure a (sic) equitable sustainable mineral based development in Jharkhand. Enclo my letter to @Prahlad ji.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)