Enter your email address:


Subscribe for Latest Schemes of Government via e-mail Daily
Free ! Free ! Free!

Delivered by FeedBurner

माननीय प्रधानमंत्री ने राष्ट्र की स्वतंत्रता के 75 वर्ष पूर्ण हो जाने पर वर्ष 2022 तक सभी के लिए आवास की परिकल्पना की है। इस उद्येश्य की प्राप्ति के लिए केन्द्र सरकार ने एंक व्यापक मिशन "2022 तक सबके लिए आवास" शुरू किया है। 25 जून 2015 को प्रधानमंत्री श्री नरेन्द्र मोदी ने इस बहुप्रतीक्षित योजना को प्रधानमंत्री आवास योजना के नाम से प्रारम्भ किया है।
Hon’ble Prime Minister envisioned housing for All by 2022 when the Nation completes 75 years of its Independence. In order to achieve this objective, Central Government has launched a comprehensive mission “Housing for All by 2022”. This much awaited scheme has been launched by the Prime Minister of India, Sh. Narendra Modi on 25th June, 2015 as Pradhan Mantri Awas Yojana.

2018-02-21

Cabinet approves methodology for auction of coal mines / blocks for sale of coal under the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957

Cabinet Committee on Economic Affairs (CCEA)

Cabinet approves methodology for auction of coal mines / blocks for sale of coal under the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957 

Opening up of commercial coal mining for private sector is the most ambitious coal sector reform since the nationalisation of this sector in 1973

Methodology gives highest priority to transparency, ease of doing business and ensuring that natural resources are used for national development

To bring efficiency into the coal sector by moving from an era of monopoly to competition

Higher investment will create direct and indirect employment

It will also lead to energy security through assured coal supply, accountable allocation of coal and affordable coal


Posted On: 20 FEB 2018 1:07PM by PIB Delhi

The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Shri Narendra Modi has approved the methodology for auction of coal mines / blocks for sale of coal under the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957. The opening up of commercial coal mining for private sector is the most ambitious coal sector reform since the nationalisation of this sector in 1973.

The Supreme Court of India vide its order dated 24.09.2014 cancelled 204 coal mines/blocks allocated to the various Government and Private Companies since 1993 under the provisions of Coal Mines (Nationalisation) Act, 1973. To bring transparency and accountability, the Coal Mines (Special Provisions) Bill 2015 was passed by the Parliament which was notified as an Act on 30.03.2015. Enabling provisions have been made in the Coal Mines (Special Provisions) Act, 2015 for allocation of coal mines by way of auction and allotment for the sale of coal.

The methodology gives highest priority to transparency, ease of doing business and ensures that natural resources are used for national development. The auction will be an ascending forward auction whereby the bid parameter will be the price offer in Rs./tonne which will be paid to the State Government on the actual production of coal. There shall be no restriction on the sale and/or utilization of coal from the coal mine.

This reform is expected to bring efficiency into the coal sector by moving from an era of monopoly to competition. It will increase competitiveness and allow the use of best possible technology into the sector. The higher investment will create direct and indirect employment in coal bearing areas especially in mining sector and will have an impact on economic development of these regions.

 It will also lead to energy security as 70% of India’s electricity is generated from thermal power plants. This reform will ensure assured coal supply, accountable allocation of coal and affordable coal leading to affordable power prices for consumers.

As the entire revenue from the auction of coal mines for sale of coal would accrue to the coal bearing States, this methodology shall incentivise them with increased revenues which can be utilised for the growth and development of backward areas and their inhabitants including tribals. States in Eastern part of the country will be especially benefited.



*****
Source: PMINDIA

No comments:

Post a Comment

Click on the desired scheme to know the detailed information of the scheme
किसी भी योजना की विस्‍तृत जानकारी हेतु संबंध्‍ाित योजना पर क्लिक करें 
pm-awas-yojana pmay-gramin pmay-apply-online sukanya-samriddhi-yojana
digital-india parliamentray-question pmay-npv-subsidy-calculator success-story
faq mann-ki-bat pmjdy atal-pension-yojana
pm-fasal-bima-yojana pmkvy pmegp gold-monetization-scheme
startup-india standup-india mudra-yojana smart-cities-mission