Union Minister for Coal and Mines G Kishan Reddy, reaffirmed the Government of India's full support to the mineral- and coal-rich North Eastern states at the 2nd North-East Mining Ministers' Conclave in Guwahati.
The Ministry of Coal has achieved a significant milestone with the allocation of its 200th Coal Mine, underscoring its relentless drive to transform India's coal sector, the Ministry said in a release on Tuesday.
The Ministry of Coal successfully organized a roadshow on 'Commercial Coal Mine Auctions and Opportunities in the Coal Sector' in Gandhinagar, bringing together government, key stakeholders from the coal industry and the private sector.
As part of the policy, the Sectoral Plan for Efficient Logistics (SPEL) in the coal sector has been notified. Additionally, 26 States and UTs have formulated and notified their logistics policies, accessible at dpiit.gov.in.
The coal sector has demonstrated the highest growth of 14.8 %, among the eight core industries for the month of June 2024 as per the Index of Eight Core Industries released this week by the Ministry of Commerce and Industries.
In a significant shift in the country's energy landscape, the Ministry of Coal is spearheading a transformative initiative to reduce coal imports and promote coal exports aimed at enhancing domestic coal production, bolstering energy security, and supporting the growth of the coal sector.
According to a press release by the Ministry of Coal, the ICI, which monitors the production performance of eight core industries--cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products, and steel--reported a combined index increase of 6.3 per cent for May 2024.
According to the press release, this initiative aligns with Prime Minister Narendra Modi's vision of achieving energy independence by 2047 and promoting "Atma-Nirbharta" (self-reliance) in the coal sector.
According to a press release by the Ministry of Coal, during April 2024, Coal India Limited (CIL), the state-owned coal mining company, achieved a coal production of 61.78 MT (Provisional), marking a growth of 7.31 per cent compared to the same period last year when it produced 57.57 MT.
The coal sector in India has exhibited highest growth of 11.6 per cent (provisional) among the eight core industries for the month of February 2024 as per the Index of Eight Core Industries (ICI) released by Ministry of Commerce and Industries.
According to a press release by the Ministry of Coal, the sector has not only significantly contributed to meeting the nation's energy demands but has also emerged as a major source of employment, particularly in coal-rich regions across the country.