Content from the Brookings Institution India Center is now archived. After seven years of an impactful partnership, as of September 11, 2020, Brookings India is now the Centre for Social and Economic Progress, an independent public policy institution based in India.
Auctions for coal, beginning early 2015, have brought about fundamental changes to the way natural resources are allocated. Auctions have now become the derigueur in all mineral lease allocations now, being a part of the MMDRA 2015. They however, are yet to have the desired effect on coal mining—only some of the allocated mines have so far started production while many are stuck in process hurdles and some successful bidders have even given up their block.
With auctions expected to remain central to coal block allocations, Brookings India’s second expert roundtable on the subject took a hard look at the economics of allocation in the past auction, with specific focus on reverse auctions. We also discussed alternate allocation protocols and what could have been done differently.
Research Associate, Brookings India
Like other products of the Brookings Institution India Center, this report is intended to contribute to discussion and stimulate debate on important issues. The views are of the author(s). Brookings India does not have any institutional views.
To subscribe or manage your subscriptions to our top event topic lists, please visit our event topics page.
India historically has been skeptical of the U.S. as being unreliable, always attaching strings to relationships with partner countries, and then weaponizing their interdependence.
It's an open question how much this [arms purchases from U.S. rivals] will end up affecting partners like India, but also countries like Indonesia and Vietnam who have these legacy relationships with Russia and are not going to give them up any time soon. In fact, there's an argument to be made that for America's Indo-Pacific objectives, you actually want these countries to maintain and build up a certain amount of military capability, and in some cases the U.S. cannot offer that capability.