CM Soren Appeals to PM Modi
ECONOMY & POLICY

CM Soren Appeals to PM Modi

Jharkhand Chief Minister Hemant Soren has written an open letter to Prime Minister Narendra Modi, highlighting the issue of unpaid coal dues amounting to ?1.36 trillion. The letter addresses the significant financial burden on the state caused by these outstanding payments, which Soren claims have accumulated due to royalties and levies on coal extracted from Jharkhand. The unpaid amount is reportedly hindering the state’s ability to meet its fiscal responsibilities, causing a major strain on its finances.

Soren emphasized the critical role Jharkhand plays in India's energy sector, being a key supplier of coal, and stated that the central government’s delay in addressing these dues is affecting the state’s economic stability. According to him, this non-payment is a result of unresolved issues related to royalties and levies that have persisted over time. The Chief Minister is urging the central government to expedite the settlement of the outstanding amount to prevent further fiscal distress for Jharkhand.

The letter also mentions the vital importance of the coal sector to Jharkhand's economy, pointing out that the state’s mineral resources are a significant contributor to India's energy needs. Despite this, the state has not been receiving its rightful share of revenues, causing a negative impact on development projects and public services. Soren has called for a constructive dialogue between the state and central government to resolve the matter promptly.

Jharkhand Chief Minister Hemant Soren has written an open letter to Prime Minister Narendra Modi, highlighting the issue of unpaid coal dues amounting to ?1.36 trillion. The letter addresses the significant financial burden on the state caused by these outstanding payments, which Soren claims have accumulated due to royalties and levies on coal extracted from Jharkhand. The unpaid amount is reportedly hindering the state’s ability to meet its fiscal responsibilities, causing a major strain on its finances. Soren emphasized the critical role Jharkhand plays in India's energy sector, being a key supplier of coal, and stated that the central government’s delay in addressing these dues is affecting the state’s economic stability. According to him, this non-payment is a result of unresolved issues related to royalties and levies that have persisted over time. The Chief Minister is urging the central government to expedite the settlement of the outstanding amount to prevent further fiscal distress for Jharkhand. The letter also mentions the vital importance of the coal sector to Jharkhand's economy, pointing out that the state’s mineral resources are a significant contributor to India's energy needs. Despite this, the state has not been receiving its rightful share of revenues, causing a negative impact on development projects and public services. Soren has called for a constructive dialogue between the state and central government to resolve the matter promptly.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code