Finance
Prime Minister Narendra Modi has said India crossing 1 billion tonnes in coal and lignite production during 2023-24, “marks a historic milestone for the country, reflecting our commitment to ensuring a vibrant coal sector.”
Hailing the achievement as a “remarkable development,” PM Modi said, “This also ensures India’s path towards Aatmanirbharta in a vital sector.”
The Prime Minister expressed his appreciation in response to a statement on X posted by Coal Minister Pralhad Joshi late on Monday night.
“For the first time ever, India’s coal and lignite production has crossed 1 billion tonnes. Owing to favourable support from the Govt resulting in capacity expansion, coal+lignite production has grown by more than 70 per cent over the last 10 years,” the Coal Minister said.
According to the most recent data compiled by the Coal Ministry, there has been a decrease of 36.69% in the amount of coal imported for blending by thermal power plants in the nation as a result of the rise in domestic coal production. This amounts to 19.36 million tonnes (MT) between April 2023 and January 2024 compared to the same period the previous year.
Source:IANS
