‘Jharkhand received Rs 19k Crore from coal production in 2 years’

| | Ranchi
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‘Jharkhand received Rs 19k Crore from coal production in 2 years’

Sunday, 07 August 2022 | PNS | Ranchi

Union Coal Minister Pralhad Joshi has said that out of the profit earned by the coal production in Jharkhand, about Rs 19,000 crore has been paid to the State in the last two years. A certain percentage out of the profit earned by the coal production is given by the Central government for the development of the State. Under this, about Rs 19000 crore has been paid to Jharkhand in the last two years. Jharkhand is one of the top states in the country in terms of coal production.

 

Ranchi MP Sanjay Seth had asked the question related to coal production in Jharkhand and its profits and benefits being given to the state.

 

The Union Minister said that by adding other funds including Royalty, DMFT, NMAET, State GST, GST Compensation, Cess, Cess on Coal, State Sales Tax, Jharkhand State was paid Rs 8654 crore in the financial year 2020-21 and Rs 10339 crore in 2021-22. He informed that in the last two years, revenue of Rs105 and Rs 238 crore was received in the State of Jharkhand from the mines allotted by the designated authority. CIL and its associated companies are working to promote health care, water supply, nutrition, sanitation, education and livelihood development, rural development, environment protection, sports etc under CSR for the affected people of coal producing area. Under this, an amount of Rs 173 crore has been spent in Jharkhand under CSR in the last 3 years.

 

 

Union Minister Pralhad Joshi informed that for 2023-24 and 2024-25, CCL has set a big target of coal production from various fields, for which better work is being done. At the same time, the talk of BCCL running in losses has also been said in the reply. In the House, the Union Minister informed that in the coming 2 years many companies including NTPC, Hindalco, Trimula Industries Limited, JSW Steel Limited, Punjab State Power Corporation Limited, Tenughat Vidyut Nigam Limited, UP Rajya Vidyut Utpadan Nigam Limited, DVC, CCL have been allowed to extract coal from Jharkhand based mines. Under this, a target has been set to produce more than 120 million tonnes of coal in the year 2023-24 and 24-25. The Union Minister told the MP in the Lok Sabha that in the last 2 years, a profit of about Rs 2900 crore has been made by CCL, whereas BCCL has been in loss of Rs 1200 crore in 2020.

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