 "coal, coal mining")
Industry body Confederation of Indian Industries (CII) has approached the Centre seeking an incentive package for the mining and metals sector which has been hit by the coronavirus lockdown.
The demand ranges from financial support to tide over liquidity issues to logistics and trade policy support.
In terms of financial assistance, CII has sought an extension on concession interest rate free additional working capital credit lines from the banks considering the nil margin to meet the shortfall in cash flows due to national lockdown. It has sought a relaxation on Aggregate Sanctioned Credit Limit (ASCL) norms for the fiscal year
