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Jaitley says favours opening up state-run coal industry

He believes the time is right to dilute nationalization of the country's state-run coal industry

New Delhi: Finance Minister Arun Jaitley said on Monday he personally believes the time is right to dilute nationalisation of the country's state-run coal industry, adding it is easier to carry out economic reforms in the first year of a government.

Jaitley's comments to a television news channel came days after New Delhi lifted diesel price controls and raised the cost of natural gas.

( Source : reuters )
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