To augment of coal production capacity in India ,What are the steps taken by Government of India?

-

  •  India produced 602.14 million tonnes of coal in 2019-20 fiscal, marginally lower than 606 million tonnes output in the previous year.

  • India imports 235 million tonnes of coal annually. About half of this is non-substitutable as they are tied to the power plant or user factories.

  • Prime Minister Narendra Modi has set a target to expand the country's economy to USD 5 trillion by 2024, from USD 2.9 trillion currently, and reducing energy imports and harnessing domestic resources are key to meeting that goal.

Government has taken the following steps to achieve the target of augmentation of coal production capacity:

  1. Single Window Clearance System has been launched.
  2. Guidelines for procedure and approval of mining plan has been simplified.
  3. Auctioning of coal mines for commercial sale of coal started.
  4. Regular review and monitoring of allocated coal mines in the past.
  5. Holding of Monitoring Committee meetings headed by Secretary (Coal) and concerned   Chief Secretary of the state for early operationalisation of coal mines allocated.
  6. Improving evacuation efficiency & capacity and construction of new railway lines.
  7. Establishment of new washeries to enhance clean coal.

The following steps have also been taken to reduce coal imports:

  • The Annual Contracted Quantity (ACQ) of the Power Plants have been increased upto 100% of the normative requirement in those cases where the ACQ was earlier reduced to 90% of normative.

  • CIL has signed Memorandum of Understanding (MoU) under Import Substitution for about 12 Million Tonne Per Annum (MTPA) coal with the Power plants linked with CIL. Accordingly, CIL has allocated 9.53 Million Tonne (MT) coal to the power plants till February’ 2021 under Import Substitution.

  • Reserve/floor price across all e-auction schemes was kept to notified price till 2nd quarter (earlier by 10-30% above the notified price) with a view to maximize coal utilization by the consumers.

  • Increase in the dispatch to Non-regulated Sector (NRS) consumers in the current Financial Year (Apr-Feb’21) to 37.8 rakes/day compared to 28.4 rakes/day last year with a growth of 33%. Total dispatch to NRS registered a growth of 12% as compared to same period of last year.

  • Facility of Usance LC (Letter of Credit) payment mechanism in addition to the existing Irrevocable Revolving Letter of Credit (IRLC) payment was introduced to help the consumer avail credit facility from bank.

  • A special Spot auction scheme was started for the coal importers including the traders, so as to enable coal import substitution. CIL has offered about 32.7 MT coal under this window out of which 7.53 MT coal was booked by the consumer/Importers/Traders.

 

educator4rias@gmail.com One to one Mentorship will be provided. 7680800807 EducatorIAS is an online platform that provides coaching and guidance to aspirants who are preparing for civil service exams in India, such as the UPSC (Union Public Service Commission) exams. EducatorIAS offers a range of courses, study materials, and online classes to help students prepare for the exams effectively. The platform also provides guidance and support to students at every stage of the preparation process, including personalized mentoring and doubt clearing sessions. EducatorIAS has a team of experienced faculty members who have expertise in their respective subjects and provide comprehensive guidance to students.

Comments

Post a Comment

Popular posts from this blog

Discuss the importance and role of the orange economy in Indian Economy ?

-
  The Orange Economy, also known as the Creative Economy, is rapidly emerging as a vital and dynamic force in the Indian economy. It encompasses a wide array of sectors where creativity, culture, and intellectual property are the primary drivers of value. These include film and television, music, performing arts, gaming and animation, digital content, fashion and design, publishing, advertising, and traditional arts and crafts. As India strives for robust economic growth and global recognition, the Orange Economy plays a multifaceted role, contributing not only to GDP and employment but also to cultural preservation, innovation, and soft power. Recent discussions, particularly around events like the WAVES (World Audio Visual and Entertainment Summit) 2025, have highlighted the government's increasing focus on leveraging India's rich cultural heritage and burgeoning creative talent. Importance and Economic Contribution: Significant GDP Contribution: The Orange Economy is al...
Read more

Discuss major measures needed to build a strong ecosystem for nurturing innovation and startups in the drive sustainable economic growth and generate large scale employment opportunities?

-
measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities. The council shall,  inter alia , suggest measures to: Foster a culture of innovation amongst citizens and students in particular; Promote innovation in all sectors of economy across the country, including semi-urban and rural areas; Support creative and  innovative ideas through incubation and research and development to transform them into valuable products, processes or solutions to improve productivity and efficiency; Create an environment of absorption of innovation in industry; Facilitate public organizations to assimilate innovation with a view to improving public service delivery; Promote creation, protection and commercialization of intellectual property rights; Make it easier to start, operate, grow and exit businesses by reducing regulatory compliances and costs; Promote ease of access...
Read more

How Ethics is diffrent from morality in public service ?

-
 Ethics and morality are often used interchangeably, but they have distinct meanings, particularly in the context of public service. Here's a breakdown of how ethics differs from morality in public service, along with examples: Ethics in Public Service: Ethics in public service refers to the principles and standards of conduct that guide the behavior of individuals serving in public roles. It encompasses a set of rules and values that define what is considered right or wrong in the context of public service. Ethics in public service often involves adhering to professional codes of conduct, promoting the public interest, and upholding the values of integrity, impartiality, accountability, and transparency. Example: A government official responsible for procurement decisions follows ethical guidelines by ensuring fair and transparent bidding processes, avoiding conflicts of interest, and selecting vendors based on merit and value for public money. Morality in Public Service: Morality...
Read more