ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Nationalisation by Default

The Case of Coal in India

This paper is being published in two parts. The first part which appeared last week reviewed the performance of the coal industry in the two decades prior to nationalisation. The second part below examines the validity of the official arguments for takeover, and describes and analyses the real causes which lead to the nationalisation of coal. 

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