Q. Consider the following statements :
  1. Coal sector was nationalized by the Government of India under Indira Gandhi.
  2. Now, coal blocks are allocated on lottery basis.
  3. Till recently, India imported coal to meet the shortages of domestic supply, but now India is selfsufficient in coal production.
Which of the statements given above is/are correct? (UPSC Prelims 2019)

Answer: 1 only
Notes: The correct answer is [A] 1 only. This question covers the historical evolution and current regulatory framework of the coal sector in India.Historically, Coal India Limited (CIL) held a near-monopoly after nationalization, but recent reforms have allowed private players to enter the market to reduce the import burden and modernize mining technology.