Minister hints at hiking coal prices

May 29th, 2009 - 9:48 pm ICT by IANS  

New Delhi, May 29 (IANS) The government may hike coal prices marginally, Minister of State for Coal (Independent Charge) Sriprakash Jaiswal said here Friday.
“Keeping in view the current economic situation, we can hike the price if required, but the hike will be marginal,” Jaiswal told reporters after taking charge.

“But for that (price hike), I have to speak to the prime minister,” he added.

Earlier this week, state-run Coal India had said it was planning to increase prices of coal following a hike in wages and salaries of its employees.

Jaiswal said he was keen to adopt a land acquisition policy based on successful models that had been implemented in states like Haryana.

He added that if required he would hold a meeting with the concerned state chief ministers as well as with the minister for environment and forests to sort out issues which were hampering the growth of the coal sector.

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