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home / news releases / GCC - India's Coal Sector Is In Need Of A Boost


GCC - India's Coal Sector Is In Need Of A Boost

Original Post

By Sohrab Darabshaw

India’s coal sector clearly needs some urgent initiatives from the government in order to give it a boost.

Some analysts say it’s time the government opened up commercial coal mining to the private sector. This would have a dual effect - it would attract global coal mining companies and also bring new technology and best practices into the country.

Despite government promises to the contrary, there’s been heavy reliance on imported coal.

Last February, the government decided to open the sector to private participation, touted as a historic move. The

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Stock Information

Company Name: WisdomTree Continuous Commodity Index Fund
Stock Symbol: GCC
Market: NYSE

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