Coal is an essential input for several vital industries like power generation, steel, aluminum, fertilisers and cement. This move by the central government will result in starving domestic industries of essential inputs as now exports will be unregulated.
The Central Committee expressed its deep concern at the wide-scale and heavy damage to crops in North India due to unseasonal rains. These rains have damaged the Rabi crop and aggravated the distress of farmers. This will lead to a further shortfall in food production. The Central Committee demanded that the Central Government and the concerned state governments take immediate steps to provide sufficient compensation and relief to the affected farmers.
Coming after the 2G, CWG, KG gas and Air India scams, the coal scam is yet another misdeed of this scam-ridden UPA government. All these scams are outcomes of the big business-corrupt politician-bureaucrat nexus which has flourished under the neoliberal policy regime.