By Rittwik Chatterjee and Srobonti Chattopadhyay
The authors are Assistant Professor (Economics), Centre for Studies in Social Sciences, and Assistant Professor (Economics), Vidyasagar College for Women, Kolkata, respectively. firstname.lastname@example.org.
E-auctions can ensure transparency, prevent discrimination among buyers or favouritism, and let consumers have the coal of their choice.
Since the days of the industrial revolution, coal has played a crucial role in the development of industry. It has been a source for power generation as well as a critical input for many major industries. As one of the fastest growing economies in the world today, India is also largely dependent on coal for sustaining its expanding industrial structure. Coal is a critical input for power, steel and cement industries. It also continues to be the most dominant source...