1 In this article, Akshita Rishi who is currently pursuing IN BUSINESS LAWS, from NUJS, Kolkata, discusses the rules that govern the allocation of Coal Blocks in India. Introduction We often talk about conservation of our natural resources as they are limited in nature.
Announced Reforms In Coal Sector. Commercial mining of coal allowed, with 50 blocks to be offered to the private sector. Entry norms will be liberalised as it has done away with the regulation requiring power plants to use "washed" coal. Coal blocks to be offered to private companies on revenue sharing basis in place of fixed cost.
Auction/Allotment. Coal mining in India has been metamorphosed as far as the policy framework is concerned. From an earlier restrictive model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific enduse to permitting commercial sale of coal. The auctionbased regime introduced ...
New Delhi: A Delhi court Wednesday sentenced former coal secretary Gupta to three years in prison, days after he was convicted in a case stemming from irregularities in the allocation of coal blocks in West Bengal under UPAII. Two other IAS officers — Kropha and Samria — convicted in the case were also awarded three years in ...
The Government approved the fading away of the existing Letter of Assurance (LoA) Fuel Supply Agreement (FSA) regime and introduced Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI), 2017, which was issued by the Ministry of Coal on 22 May 2017. The Government also approved amendments to the SHAKTI Policy ...
The Union Cabinet took two important decisions aimed at streamlining coal allocation to the power sector and making it more transparent and objective. ... This would go 'against the grain' of making the allocations transparent, unless the entire process is fully transparent. Thus, it appears, rather than powering the future of the ...
The coal blocks allocation cases are among the CBI's longest running probes, with the agency last registering a fresh FIR in the case in January 2020. It has since 2012 filed multiple chargesheets and even closed many cases for lack of evidence or culpability. Written by Deeptiman Tiwary New Delhi | Updated: October 19, 2020 12:38 IST Follow Us
The coal reserves in India are billion tonnes. It is located in the east of India. The coal reserves in this area account for 24 percent of India. This state produces 15 percent of the total coal produced in India. Chhattisgarh has around 17 percent of the total coal reserves of the country.
To increase coal production, the focus of the Government is on accelerating domestic production of coal through the allocation of more coal blocks, pursuing with the State Government for assistance in land acquisition, and coordinated efforts with Railways for the movement of coal.
Coal Nationalization Act, 1973 Allocation of blocks can only be made to central government PSU's (not to state government) for commercial mining or for captive use of mines for sectors specified by amendments Iron and Steel, cement, Power and Coal to liquid sector. Allocation process was arbitrary, discretionary and nontransparent ...
The 100 billion in annual climate aid that rich countries had agreed to shore up by 2020 came through, three years late. Countries approved a new fund to pay poor countries for the losses and ...
Ajay Shan and Subho Roy have this food for thought post on the recent licening of payments banks in India. Interestingly, they think bank licencing process is quite similar to the questionable coal block allocation process. This blog had also raised concerns Obviously given the hype around Indian central bank, this post is likely to be.
Ministry of Power (MoP) in 2017 cleared the Coal Linkage Policy known as SHAKTI (Scheme to Harness and Allocate Koyla Transparently in India). The Policy provides coal linkages to power plants which lack fuel supply agreements (FSAs) through coal auctions. The aim of the Shakti scheme is to ensure the availability of coal to all the Thermal ...
The move is aimed at reviving the auction process, which has remained in limbo with only 31 coal blocks having been auctioned since 2014. ... Coal Mines (Special Provisions) Act, 2015 enabled allocation of coal mines through transparent auctions; ... Click the link below to see the details about the UPSC Civils courses offered by Triumph IAS ...
UPSC so far has worked with remarkable competence, impartiality and integrity. However a new world based on openness, accountability and delivery has emerged. UPSC needs to be in sync with these changes. 2. UPSC and CVC 1. Since the emergence of CVC, the role of UPSC in disciplinary matters has been affected. Both are consulted by the government
It is a process in which coal is partially oxidised with air, oxygen, steam or carbon dioxide to form a fuel gas. This gas is then used instead of piped natural gas, methane and others for deriving energy. India has a reserve of 307 Billion tonnes of thermal coal and about 80% of coal produced is used in thermal power plants.
All India coal production during AprilFebruary 202122 was MT registering a growth of %. In order to increase more coal production, the focus of the Government is on accelerating domestic production of coal through allocation of more coal blocks, pursuing with State Government for assistance in land acquisition and coordinated efforts with Railways for movement of coal.
India imports around 240 million tonnes (mt) of coal a year valued at about ₹ lakh crore. The 41 mines opened for auction now can hit a peak production of 225 mt in 202526, saving foreign exchange. A High Powered Expert Committee (2017) recommended a shift from the allocation of coal blocks for own consumption to commercial mining.
Date. 1. Directions of the Central Government for auction of coal mines under the CM (SP) Act, 2015. Downloads. File size : KB. File type: PDF. . 2. Minutes of 4th meeting held on under chairmanship of Additional Secretary (Coal) to identify additional coal / lignite blocks for allocation under rule 3 (2) of the Coal ...
The aim of the app is ensuring efficiency and transparency in the process of coal quality monitoring and at the same time, bringing the governance of coal, closer to the people. ... TopicWise UPSC Prelims Question Papers and Solution PDFs ... As a result greater calls for accountability in coal allocation management began to grow, hence ...
coal allocation scam. Another scam in a history of Indian. Coal mining controversy is major fraud in 2012, which involved Rs 1,86,000 Cr loss to exchequer . This is serious allegation against Prime Minister of India Dr Manmohan Singh who is in a serious scrutiny of the CAG which leads to protest against the leading political party NCP and Prime ...
Coal Allocation Monitoring System (CAMS) was also developed to monitor the allocation of coal by CIL to States, States to State Nominated Agencies (SNA) and SNA to such consumers in a transparent manner. Recently announced Reforms in Coal Sector Commercial mining of coal allowed, with 41 blocks to be offered to the private sector
Ministry of Coal 2020 government schemes for UPSC 2020 exams. Ministry of Coal scheme 2020 launched by the Government of India with the aim of addressing the socioeconomic welfare of the citizens of this nation. ... The objective is to bring transparency in the coal allocation ... collectively developed the UTTAM application for all citizens ...
Most of it is imported from Indonesia, South Africa, Russia and Australia. Thus, the imports are mainly to compensate the lack of good quality coal, especially coking coal. Plus, there is a gap between demand and domestic production capacity. In FY19, the country produced around 730 mt of coal, while the consumption was close to 965970 mt.
UPSC mains relevance: ... Under the draft policy, setting up FMC would be made part of the mine allocation process. So, more such projects are set to come up. ... SHAKTI is a policy designated by the government for the allocation of coal among thermal power plants in a transparent and objective manner.
allocation to coal production, advance submission of development schedule by the allocate and cancellation of allocation for nonadherence. Sectorwise allocation of coal blocks So far 208 coal blocks have been allocated to various public/private sector companies including Ultra Mega Power Projects of 4000 MW each being set up in Madhya
What's new about the recent auction of 41 coal blocks is that this is the first time private players have been allowed to mine coal for commercial mining purposes, without any enduse ...
This will bring in predictability in the process and help bidders to plan and eliminate the need of bidding aggressively. It will open the coal economy to its full potentialdespite India having the world's 4th largest coal reserves, it has imported million tonnes (mt) of coal in 201920. This can save 1520 billion in annual foreign ...
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