+
India to cease coal imports by 2025: Pralhad Joshi
COAL & MINING

India to cease coal imports by 2025: Pralhad Joshi

The Union Minister for Coal, Mines, and Parliamentary Affairs, Pralhad Joshi, announced that starting from 2025, India would cease the importation of coal from foreign countries. He stated that the annual domestic coal production had now reached 1000 million metric tonnes, compared to the previous total of 562 million metric tonne per year.

During the inauguration of an event organized by the local unit of the BJP, here to commemorate the nine years of the Narendra Modi government at the Centre, Joshi mentioned that the Modi Government's policy of achieving self-sufficiency had resulted in the production of 1000 million metric tonne of coal per year. Consequently, the importation of coal from other countries would be completely halted by 2025, as stated by him.

Furthermore, due to the continuous supply of coal to thermal plants, uninterrupted electricity production has been achieved in the country.

According to Joshi, this achievement could be one of the reasons why the Congress government in Karnataka promised to provide 200 units of free electricity to consumers in the state.

Joshi also highlighted the successful implementation of various developmental policies, such as Make in India and Aatma Nirbhar Bharat, along with other schemes undertaken by the Modi Government over the past nine years. He claimed that these initiatives had propelled the nation forward in becoming the world's third-largest economy by the end of 2028-2029.

The Union Minister further stated that the Modi government had taken revolutionary measures to generate more employment opportunities. These measures involved training millions of youths across the country in skill development across different fields to meet the job requirements in industrial and various other sectors, thereby positioning India as one of the world's most significant industrial production hubs.

Also read:
SECL to develop closed coal mine in Korba District as Eco-Tourism Spot
NTPC's captive coal mines production surges to 8.48 MMT in Apr-Jun


The Union Minister for Coal, Mines, and Parliamentary Affairs, Pralhad Joshi, announced that starting from 2025, India would cease the importation of coal from foreign countries. He stated that the annual domestic coal production had now reached 1000 million metric tonnes, compared to the previous total of 562 million metric tonne per year. During the inauguration of an event organized by the local unit of the BJP, here to commemorate the nine years of the Narendra Modi government at the Centre, Joshi mentioned that the Modi Government's policy of achieving self-sufficiency had resulted in the production of 1000 million metric tonne of coal per year. Consequently, the importation of coal from other countries would be completely halted by 2025, as stated by him. Furthermore, due to the continuous supply of coal to thermal plants, uninterrupted electricity production has been achieved in the country. According to Joshi, this achievement could be one of the reasons why the Congress government in Karnataka promised to provide 200 units of free electricity to consumers in the state. Joshi also highlighted the successful implementation of various developmental policies, such as Make in India and Aatma Nirbhar Bharat, along with other schemes undertaken by the Modi Government over the past nine years. He claimed that these initiatives had propelled the nation forward in becoming the world's third-largest economy by the end of 2028-2029. The Union Minister further stated that the Modi government had taken revolutionary measures to generate more employment opportunities. These measures involved training millions of youths across the country in skill development across different fields to meet the job requirements in industrial and various other sectors, thereby positioning India as one of the world's most significant industrial production hubs. Also read: SECL to develop closed coal mine in Korba District as Eco-Tourism SpotNTPC's captive coal mines production surges to 8.48 MMT in Apr-Jun

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

DGTR Proposes Anti-Dumping Duty on Aluminium

The Directorate General of Trade Remedies (DGTR) has proposed imposing an anti-dumping duty of up to Rs.577 per tonne on aluminium frames imported from China, as reported by the Economic Times. This move aims to address concerns about unfair trade practices and protect the domestic aluminium industry from the adverse effects of low-cost imports. The proposed anti-dumping duty comes in response to allegations that Chinese aluminium frames are being sold in the Indian market at prices below fair market value. Such practices are deemed harmful to domestic manufacturers, potentially leading to ma..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Talk to us?