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Coal GoM to fast-track 8 projects, big firms to gain

The group of ministers (GoM) on coal, headed by finance minister Pranab Mukherjee, decided at its third meeting today to speed up clearances for eight critical infrastructure projects on a priority basis. The eight projects, which will get priority treatment for clearance of coal blocks attached to them, belong to top corporate houses, including Adani, Reliance, Aditya Birla Group and Essar. “Investments running in thousands of crores have already been made in these projects. This was the main decision of the GoM in today’s meeting,” said a senior official close to the ...