Economic perspectives

Lessons in coal block auction

Print edition : March 20, 2015

Piyush Goyal, Minister for Power, Coal and New & Renewable Energy, with Anil Swarup, Coal Secretary, at the online auctioning of coal blocks in New Delhi on February 14. Photo: V. SUDERSHAN

A coal block in Madhya Pradesh. In September 2014, the Supreme Court struck down the allocation of all but four of 218 coal blocks made between 1993 and 2010 as arbitrary and illegal.

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