What level of foreign direct investment is permitted in commercial coal mining under the liberal framework described in the 16th auction round?
- A.49 per cent through the government route
- B.74 per cent through the automatic route
- C.100 per cent through the automatic route
- D.26 per cent through the government route
Show answer
The commercial coal mining framework was designed to attract wide participation, so it carries no end-use restriction on the coal mined, permits full foreign investment without prior approval, and keeps upfront payments low by allowing them to be adjusted against future revenue share.
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