Meta Data
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
1973
Scope: 
National
Document Type: 
Act
Economic Sector: 
Energy, Power
Energy Types: 
Coal, Power
Issued by: 
Ministry of Coal
Overall Summary: 
An Act to provide for the taking over, in the public interest, of the management of coal mines, pending nationalisation of such mines with a view to ensuring rational and co-ordinated development of coal production and for promoting optimum utilisation of the coal resources consistent with the growing requirements of the country, and for matters connected therewith or incidental thereto.
Governance
National policy structure: 
An Act to provide for the acquisition and transfer of the right, title and interest of the owners in respect of the coal mines specified in the Schedule with a view to re-organising and reconstructing such coal mines so as to ensure the rational, co-ordinated and scientific development and utilisation of coal resources consistent with the growing requirements of the country, in order that the ownership and control of such resources are vested in the State and thereby so distributed as best to subserve the common good, and for matters connected therewith or incidental thereto.