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of <h1>India to Boost Domestic Coal Production with PPP Policy Involving Coal India Limited; Reduce Import Reliance.</h1> The Finance Minister announced plans to develop a Public-Private Partnership (PPP) policy framework involving Coal India Limited to boost domestic coal production and reduce reliance on imports. Despite significant coal reserves, India imported over 100 million tonnes from April to December 2012, with projections reaching 185 million tonnes by 2016-17. The initiative aims to meet the coal needs of existing and upcoming power plants. Additionally, the government has approved a financial restructuring scheme for DISCOMS to improve the power sector's health, urging state governments to expedite their financial restructuring plans and sign the necessary agreements.
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