Jharkhand govt has moved SC over auction of coal blocks. CM Hemant Soren says his govt has not granted clearance to auction of 22 coal blocks in the state.
Shah said in line with Atmanirbhar Bharat, this decision will make India self-reliant in the energy sector by introducing competition and boosting coal production.
The auction of 41 coal blocks for commercial mining is expected to garner Rs 33,000 crore of capital investment in the country over the next five to seven years.
Appetite for coal is roaring back in Asia, which makes up three-fourths of global consumption & is expected to continue growing after Covid disruption.
The Mines and Mineral Laws (Amendment) Bill also removed the current end-use restrictions, thereby allowing for wider participation and competition in auction.
Companies from Punjab, Uttar Pradesh & Rajasthan have participated in public auctions and won leases to mine J&K’s reserves of coal, marble and limestone.
Difficulties in getting regulatory clearances, delays in land acquisition & shortages of railway rakes are likely to be a deterrent for foreign miners.
While the CBI has built its reputation as a premier crime investigation agency by cracking high profile cases, many other cases have remained unresolved or resulted in acquittals.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
From mafia and politicians exploitation of INDIA’s resources to corporatising resources to bring efficiency via professional mining a step in right direction. Modiji after freeing agriculture to a large extent from middlemen this is yet another good step. Though the same needs to be backed up by law enforcement.
From mafia and politicians exploitation of INDIA’s resources to corporatising resources to bring efficiency via professional mining a step in right direction. Modiji after freeing agriculture to a large extent from middlemen this is yet another good step. Though the same needs to be backed up by law enforcement.