Lok Sabha passed Coal Mines (Special Provisions) Bill, 2015

Mar 5, 2015, 12:39 IST

The Bill has provisions for allocation of coal mines through a transparent bidding process like e-auction that will ensure the continuity in coal mining operations.

Lok Sabha on 4 March 2015 passed the Coal Mines (Special Provisions) Bill, 2015 by voice vote. This bill will replace the Coal Mines (Special Provisions) second ordinance, 2014.

Provisions of the Bill
• It has provisions for allocation of coal mines through a transparent bidding process like e-auction that will ensure the continuity in coal mining operations.
• It facilitates e-auction of coal blocks for private companies for captive use and allots mines directly to state and central Public Sector Undertakings (PSUs).
• It provides for vesting of the right, title and interest in and over the land and mine infrastructure together with mining leases to successful bidders.
• It proposes strong measures for rehabilitation and compensation for farmers who are displaced.

Rupali Pruthi is an academic content writer with over 6 years of experience. She is a Masters in English Literature and has previously worked with an NGO and an IT company. At jagranjosh.com, she creates digital content for Current Affairs and various Govt Exams. She can be reached at rupali.pruthi@jagrannewmedia.com
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