COAL & MINES

India to reduce coal imports to zero: Shah

Union Home Minister Amit Shah on Thursday said India is moving towards reducing coal imports to zero, and the central government has set an ambitious target of one billion tonnes in annual production of coal by 2023-24.

The Home Minister said that coal Private Sector Units (PSUs) and captive miners have also launched steps to enhance production, while an investment of Rs 1,25,000 crore is envisaged under the Infrastructure Investment Scheme during 2020-24 for which 534 projects have been identified.

Shah was speaking on the occasion of launching the Tree Plantation Campaign ‘Vriksharopan Abhiyan’ of the Ministry of Coal in the presence of Union Minister of Coal, Mines and Parliamentary Affairs, Pralhad Joshi here. The Home Minister said the coal sector today is not only ready to fulfill the growing demand for coal but is equally sensitive towards environmental stability.

“The Government is promoting Reclamation and Afforestation in the various coalbed regions. The Prime Minister has set up the district mineral fund with a corpus of Rs 39,000 crore for the development of the mining areas and 35,000 minor projects have been completed.”

Source
mangalorean
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