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Wednesday, Mar 31, 2004

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`Coal shortage may lead to closure of industries'

Our Bureau

Kolkata , March 30

THE Indian Coal Merchants' Association fears that a large number of coal-based industries in the non-core sector may soon be forced to down their shutters because of non-availability of coal, thereby directly throwing over 10 million workers out of work.

In a statement here on Tuesday, the association's President, Mr V.K. Arora, said that the problem arose because of the Railway's inability to move coal as required by consumers in the non-core sector industries.

Consequent to a recent high-level meeting in New Delhi by the Cabinet Secretary, the Railways have completely stopped placement of allotted rakes, allotments of pending rakes and issue fresh sanctions in the account of non-core sector in Bharat Coking Coal Ltd (BCCL) and Central Coalfields Ltd (CCL).

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