Efforts Underway to Further Enhance Coal Production
Efforts Underway to Further Enhance Coal Production
The following key initiatives have been taken by the Government to boost
production of coal in India:
In addition to above, coal companies have also taken following steps to increase the domestic coal production.
Due to these efforts by the Government, the country has witnessed a massive leap in coal production from 566 MT in FY 2013-14 to 893 MT in FY 2022-23 with a CAGR of 5.2%.
Government has approved to continue the scheme of “Exploration of Coal and Lignite” upto 2025-26. During the financial year 2023-24, ₹ 450 Crore has been allocated for this scheme and out of this amount, ₹ 288.815 Crore has been released till date.
This information was given by Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi in a written reply in Rajya Sabha today.
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- Regular reviews by Ministry of Coal to expedite the development of coal blocks.