(a) whether the Government have devised a new mechanism
to determine the prices of different qualities of coal;
(b) if so, the difference between the old and new
mechanism; and
(c) the extent to which the producers are likely to be
benefitted by the new mechanism ?
MINISTER OF STATE FOR COAL (SHRI SYED SHAHNAWAZ HUSSAIN)
(a) Pricing of coal has been completely deregulated by
the Central Government with effect from 1.1.2000.
(b) In the regulated regime, pricing of coal were fixed
by the Central Government.
(c) After deregulation of pricing of coal, the coal
producing companies are competent to fix the coal prices
as per their commercial prudence in relation to market
conditions.