The Union coal ministry has decided to renew a decade-old proposal of opening up the sector for private investors to boost production. Facilitating the removal of entry barriers in coal mining to open up the sector has been identified as a high priority area in the ministry's latest strategic plan, within the next five years. Opening up coal mining to the private sector, along with setting up an independent coal regulator and other such proposals, is a part of the broader blueprint for reforms that the United Progressive Alliance (UPA) government wants to bring in the coal sector.The move to allow private companies to mine will also help India reduce its import dependence on coal. While the proposal has already been cleared by the Union Cabinet, a bill in this regard, introduced in the Rajya Sabha by the NDA government in 2000, is still pending. This time, however, the ministry seems to have adopted a determined approach for implementing the proposal. It is building what it is being called a "detailed implementation plan to pursue the clearance of Coal Mines (Nationalisation) Amendment Bill 2000 in Parliament".
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