India, March 3 -- Coal India (CIL) in a latest decision has done away with the financial coverage, of ten days of coal value that its non-power sector (NPS) consumers were required to pay CIL for the coal they receive through rail mode.With the waiver of financial coverage, CIL takes an important step towards reducing transactional complexities and fostering an environment that encourages smooth and efficient business operations. The liquidity availability enables consumers to use the freed-up capital for other operational needs and reduce the working capital pressure.During the ongoing financial year CIL supplied about 560 million tonnes (MT) of coal to power sector and nearly 134 MTs to NPS consumers till February. The offtake through rai...