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National News

Jan 11, 2021

Home Minister asserts that Coal Sector has potential to be biggest contributor for making India a 5 trillion dollar economy

PIB India
Union Home Minister Amit Shah has said that the Coal Sector has the potential to be the biggest contributor towards Prime Minister Narendra Modi's vision of making India a 5 trillion dollar economy by 2024.

Speaking at the launch of a single window clearing system for coal mines in the country today, Mr. Shah said, the production of coal in the country has increased manifold in the last six years. He asserted that the sector also has the potential to boost Prime Minister's idea of Atmanirbhar Bharat.

Making reference to a series of path breaking reforms introduced by the NDA government in the last six years, Mr. Shah affirmed that the impediments in the coal sector which included transparency and ease of business have been addressed. He said, the policy of commercial mining will provide additional financial impetus to states and will help create nearly 70 thousand jobs.

Mr. Shah urged the mining companies to spur coal production so that the dependency on coal imports could be reduced further and energy demands of emerging sectors could be met.

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