&w=3840&q=100)
Govt allocates 200 coal blocks, reaffirms push for sectoral reforms
"The Ministry of Coal has achieved a historic milestone with the allocation of its 200th coal mine, underscoring its relentless drive to transform India's coal sector," an official statement said
Press Trust of India New Delhi
The coal ministry on Tuesday said it has allocated a total of 200 coal blocks so far.
"The Ministry of Coal has achieved a historic milestone with the allocation of its 200th coal mine, underscoring its relentless drive to transform India's coal sector," an official statement said.
The allocation for the Marwatola-II coal block in Madhya Pradesh to Singhal Business Pvt Ltd reaffirms the government's commitment to sectoral reforms, fostering private participation, and bolstering national self-reliance in coal production, it added.
The Nominated Authority reaffirmed the Ministry's steadfast commitment to nurturing an environment conducive to investment, reducing procedural impediments, and enabling the expeditious operationalisation of coal blocks across the country.
Over the past several years, the coal ministry has ushered in a suite of transformative reforms, from the advent of commercial coal mining and the rollout of a single-window clearance system to the adoption of digital monitoring and governance tools, according to the statement.
These measures have collectively redefined the operational landscape of the coal sector, unlocking new opportunities for private enterprise and ensuring a more transparent, accountable, and future-ready framework for resource development, the statement said.
Prime Minister Narendra Modi in 2020 launched the auction process for 41 coal blocks for commercial mining, a move that opened India's coal sector for private players.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
26 minutes ago
- Indian Express
G7 can have another shot at being relevant. It needs to fill a vacuum in the international system
The G7 summit hosted by Canada in Alberta is taking place against the backdrop of geopolitical turbulence. Conflicts continue to rage in Ukraine and Gaza; the Israeli action against Iran has the potential to set the Middle East aflame. While the interim trade pact between US and China must be welcomed, it resembles more a temporary truce than a permanent deal. While a ceasefire is in effect between India and Pakistan, the Indo-Pacific remains on the knife edge, as evidenced by the recent manoeuvres of China in both the South and East China Sea. All major theatres of the world are experiencing turbulence of varying intensity and complexity. The G7 in its heyday was an extremely powerful grouping on account of its overwhelming share of the global GDP. For instance, in the 1980s, the G7's share of global GDP was almost 70 per cent. The share in 2024 is barely above 30 per cent. The main reason for this is that the economic centre of gravity has shifted from the West to the East, led by China but also because of countries like India. China is not part of G7. Neither is Russia. This does bestow some leverage on India, which practices strategic autonomy, follows an independent foreign policy and more broadly, represents the Global South. Until recently, the G7 was dismissed as 'yesterday's club', especially after the formation of the G20. But a combination of geopolitical factors means G7 can have another shot at being relevant. This also has to do with the UN Security Council's increasing powerlessness, the gradual irrelevance of WTO and America's decision to pull out of the WHO and the Paris Climate Accord. The G20 (after an impressive showing by India under its presidency) is mired in difficulty for a variety of reasons. The G7 could fill a vacuum in the international relations system. Canada has set three broad goals for the Alberta Summit. First, strengthening peace and security and countering foreign interference and transnational crime. Second, building energy security and accelerating the digital transition which includes fortifying supply chains of critical minerals and using AI and quantum to unleash economic growth. Third, catalysing private investment to build stronger infrastructure and creating higher-paying jobs. The G7 Chair (Canada) is responsible, inter alia, in setting the agenda for the year and for speaking on behalf of the G7. One can see its imprint in all the three agenda items. If Canada can take everyone else along, a good Leaders' Declaration could emanate from the Alberta Summit. If that happens, the G7 would have delivered where other fora have failed. This is a singular opportunity for Canada to make a difference. The invitation to India to attend the summit was a non-issue. It is hard to believe India, which has been part of 12 G7 Summits, could have been overlooked. In response to odd voices in Canada arguing against an invitation to Prime Minister Narendra Modi, the newly minted Canadian premier put it well: 'As chair of the G7, it is important to invite the most important countries to attend to talk about issues such as energy, artificial intelligence, critical minerals, and India is really at the very centre of global supply chains.' PM Modi can bring his experience of attending five G7 Summits to the Alberta meetings. His bilateral meetings with the Canadian PM and other leaders will also be closely watched. It is also the first time PM Modi will be meeting world leaders after 'Operation Sindoor' and he will get an opportunity to influence and gauge global opinion in this regard. On Indo-Canadian ties, the fact of the matter is that India took the first steps to initiate a rapprochement with Canada. When Mark Carney was elected as Canada's Premier, PM Modi made it a point to reach out and congratulate him. The foreign ministers of India and Canada spoke over the phone and committed themselves to improving bilateral relations. It is hoped by many well-wishers that PM Modi and PM Carney can hit it off when they sit together for a bilateral meeting in Alberta. The best possible and immediate outcome would be the quick reinstatement of high commissioners in both Delhi and Ottawa with substantial restoration of the strength of both diplomatic missions. Canada and India have too much at stake in the relationship to allow it to be derailed. The geopolitical uncertainty along with strategic turbulence means that both countries stand to gain enormously by not just restoring their ties to status quo ante, but also to chart a clear trajectory for taking the relationship to the next level. Kumar is a former Indian Ambassador to France and currently dean/professor at O P Jindal Global University. Views are personal
Hindustan Times
30 minutes ago
- Hindustan Times
Viral videos show Tehran's highways jammed as Iranians flee after Trump's urgent evacuation call; ‘Many fear the…'
Amid Iran and Israel's escalating tensions, videos of crowded highways that have been making the rounds on social media suggest many Iranians fled Tehran on Monday. The videos come as President Donald Trump posted an urgent warning on Truth Social on Monday, saying, "Everyone should immediately evacuate Tehran!" His alert seemingly prompted the departure. 'Iran should have signed the 'deal' I told them to sign. What a shame, and waste of human life. Simply stated, IRAN CAN NOT HAVE A NUCLEAR WEAPON. I said it over and over again,' he added. '#Iran: thousands and thousands of Iranians are fleeing #Tehran tonight following a post by Trump calling on residents to evacuate the capital,' read a post by Freelance journalist Thomas van Linge. 'Many fear the US will join the Israeli attacks on the country, which would be another extremely dangerous escalation,' he added. Meanwhile, one X user claimed that he spoke to his mother and his family is leaving Tehran. 'Spoke to my mom minutes ago. They're leaving Tehran. Everyone is trying to leave Tehran. Whether they will be able to is a different question. The roads are packed to the point of literal non-movement,' Kev Joon stated. Also Read: Deadly fungus in US threatens lives as infection rates rise in These seven states It comes after Israel and Iran's confrontations sharply escalated. Israel started a flurry of airstrikes against Iran last week, aiming to hit key nuclear sites, scientists, and the military and intelligence leadership of the nation. The fighting has resulted in several deaths and injuries on both sides. There are almost 10 million people living in Tehran, which is equal to the total population of Israel. Residents have been leaving the city since the start of the fighting. Images and videos shared on social media depict heavy traffic on a highway leaving Tehran and minimal traffic entering the capital. Israel said that its surprise attacks on Iran on Friday were required to stop its enemy from obtaining nuclear weapons. Israel has often accused Iran of pursuing nuclear weapons, a claim that Tehran has always denied. Iran's counterattacks have so far left at least 500 people wounded and 24 dead in Israel, while Israel's missiles have taken lives of at least 224 people since Friday.
The Hindu
31 minutes ago
- The Hindu
Technical snag in CM's helicopter: expert committee report in two months
The State government has constituted an expert committee to recommend which model of the helicopter should be bought to replace the existing one being used by Chief Minister N. Chandrababu Naidu and other VIPs. The committee had been constituted a few days ago following reports submitted by the Additional Director-General of Police (ADG), Intelligence, and the Managing Director of the A.P. Aviation Corporation on the issue. Principal Secretary to Government (Poll), General Administration Department, is its Chairman. Secretary to Government, Finance and ADG, Intelligence, or his representative responsible for the Chief Minister's security, are its members, while AP Aviation Corporation's Managing Director is its member-convener. The committee will also study the condition of the present helicopter and submit its report in two months. Meanwhile, the Intelligence and aviation corporation officials started studying the functionality of the helicopter following detection of technical snag on Monday, which forced Union Commerce Minister Piyush Goyal to cut short his visit. 'Instructions have been given to examine the condition of other helicopters being used by the VIPs in the State,' an officer told The Hindu on Tuesday.
