Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

Amitabh Dubey

Political Analyst, India Research
+91 99999 10781

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India: On the road in Kolkata/Clarity on mining policies is overcoming bottlenecks but revival will be slow

Overview

One of the first challenges for Prime Minister Narendra Modi’s government was to sort out the mess caused by corruption scandals and Supreme Court bans in the mining sector. With clarity on policy increasing in both coal and iron ore mining, we visited Kolkata to gauge the prospects for a recovery in this core sector, which in turn will stimulate a broader industrial revival. The state-run monopoly Coal India is headquartered in Kolkata, as are several steel companies. Most of them...

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