Synopsis
The Indian government is committed to enhancing the coal sector through innovative policies like commercial mining, aimed at reducing coal imports and fostering economic growth while ensuring safety and environmental sustainability.Key Takeaways
- Strengthening coal sector through policy measures.
- Focus on private sector involvement.
- Commitment to mineworker safety and community development.
- Emphasis on environmental sustainability.
- Initiatives to promote energy security.
Gandhinagar, March 3 (NationPress) The government is dedicated to fortifying the coal sector through innovative policy initiatives like commercial mining, which are paving the way for increased private sector involvement and minimizing India's reliance on coal imports, stated Union Minister of State for Coal and Mines, Satish Chandra Dubey, on Monday.
During the roadshow for 'Commercial Coal Mine Auctions and Opportunities in the Coal Sector' held here, Dubey stressed that these initiatives resonate with Prime Minister Narendra Modi's vision of 'Atmanirbhar Bharat', guaranteeing a consistent and sustainable supply of coal for industries while fostering economic advancement.
Dubey also pointed out the ministry's commitment to improved safety standards for mineworkers, community welfare, and regional development, ensuring that coal mining not only propels industrial growth but also elevates local communities through job creation, skill enhancement, and social infrastructure initiatives.
He reiterated the government's dedication to environmental sustainability, noting that coal-mining activities are conducted in accordance with stringent environmental regulations, progressive land reclamation techniques, and projects like coal gasification aimed at decreasing carbon emissions.
The ministry is devoted to nurturing an effective, competitive, and responsible coal-mining landscape that harmonizes economic development with environmental responsibility.
This roadshow is part of the ministry's ongoing efforts to connect with potential investors, showcasing the extensive possibilities in commercial coal mining, while reinforcing India's commitment to energy security and self-sufficiency in the coal sector.
In her opening remarks, Rupinder Brar, Additional Secretary and Nominated Authority from the Ministry of Coal, underscored the significance of commercial coal mining in shaping India's energy future. She pointed out that coal will continue to be a vital component of India's energy security for years to come, propelling industrial growth and guaranteeing a reliable power supply.
Moreover, she mentioned that the ministry is actively creating a favorable environment to stimulate private sector involvement by simplifying procedures, providing financial incentives, and improving the business climate. She highlighted the Single Window Clearance System, which has accelerated clearances and ensured an equitable playing field for all stakeholders.
The additional secretary also remarked that various roadshows from Kolkata to Mumbai to Ahmedabad have equipped investors with crucial knowledge about the auction framework and policy environment. She reaffirmed the government's commitment to transparent, investor-friendly policies while promoting advanced mining technologies, coal gasification, and sustainable mining practices.
