Monday, February 15, 1999
Coal policy favours greater private sector role
In a farsighted approach, the Union coal ministry is contemplating on policy changes to allow more of effective private sector participation in the coal sector with a view to bridge the widening demand-supply gap of this commodity owing to scheduled expansion of power projects in the Tenth Plan Period.
Excess cotton supplies push down prices
The June delivery of Indian Cotton Contract (ICC) that began being traded on the East India Cotton Association (EICA) on Friday showed slight improvement in the otherwise declining cotton futures prices.
Metals trade seeks new duty structure
The non-ferrous metals trade and industry has urged the Union government to provide a level playing field in an increasingly competitive environment. The Bombay Metal Exchange (BME) has urged the government to initiate a number of proposals to alleviate the burden of the local industry.
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