coal industry in present scenario in india (coal scam) (1)

7/28/2019 Coal Industry in Present Scenario in India (Coal Scam) (1)

http://slidepdf.com/reader/full/coal-industry-in-present-scenario-in-india-coal-scam-1 1/11

Coal Industry in PresentScenario in India and Coal Scam

PRESENTED BY: ANOOP MISHRA (KIIT School of Rural Management)



Introduction of Coal Industry in India

Coal contributes over half of India’s primary commercial energy.

Coal is likely to remain India’s most important source of energyfor the coming decade or two.

However, the sector has been beset with controversies of latesuch as the ‘coal-gate’ scam related to allocation of captive coalblocks and insufficient coal production leading to questions aboutwho should bear the increased costs of coal imports.

India, currently, stands eighth in terms of total World CoalResources, whereas it is fourth from the point of view of identified

reserves. (Geological Survey of India at 285.8 billion tones in 2011)

Bulk of the coal reserves are confined to the south-easternquadrant of the country in West Bengal, Jharkhand, Orissa,Chhattisgarh & Madhya Pradesh.



COAL RESERVES IN INDIA AS ON 31.03.2011 (IN MT)

Type of Coal Proved Indicated Inferred Total

Prime Coking 4614 699 0 5313

Medium Coking 12573 12001 1880 26454

Semi Coking 482 1003 222 1707

Non Coking 95739 123668 31488 250895

Tertiary Coal 594 99 799 1493

Total 114002 137471 34390 285862

India ranks third amongst the coal producing countries of theworld in terms of annual coal production next only to China and USA.

The Coal Mines (Nationalization) Act, 1973 was amended w.e.f.

9th June 1993 to allow coal mining by both private and public sectorfor captive consumption for production of iron and steel, generationof power, washing of coal obtained from a mine and other end use.

Under the last provision, cement production was further allowed asan end use w.e.f 5th March 1996 for captive mining of coal.



The shares of overall coal resources of different States are:

18%

17%

17%13%

13%

9%7%

4% 2%

Overall Coal Resources of differentStates

Chhattisgarh

OrissaJharkhand

Bihar

M.P.

Andhra Pradesh

Maharastra

West Bangal

U.P.



COAL HUBS



Liberalization of Policy Regime:

Captive mining by Power, Steel and Cement industry allowed.

Foreign Direct Investment allowed up to 100% in Power and coal mining

Creating a competitive market for sale of coal Progressive reduction of custom duty on Coal and HEMM imports

Introduction of Contract Mining

Human, labor and technology issues

Environmental and social issues



Bibliography

Coal Directory of India

Government of India-Ministry of Coal Annual Report

Report on Overview of Coal Mining sector in India — VDMA

Information from SCCL & CIL website

www.vdmaindia.org

http://seminarprojects.com/Thread-coal-allocation-scam-or-coalgate-ppt#ixzz2WjlkT5rG

The government has distributed about 150 coal blocks over the past eight years.During this period Prime Minister Manmohan Singh.

The 1.86 lakh rupees scam is the biggest in the history of India as it surpassed the1.7 lakh crore 2G spectrum scam.

The most important assertion of the CAG Draft Report is that the Government had thelegal authority to auction the coal, but chose not to do so.

Congress MP, Naveen Jindal's Jindal Steel and Power got a coal field in Feb 2009 withreserves of 1500 million metric tones while the government-run Navratna Coal IndiaLtd was refused.

On 15 Sep 2012, an Inter Ministerial Group (IMG) headed by Zohra Chatterji (Add.Sec. in Coal Ministry) recommended cancellation of a block allotted to JSW (Jindal SteelWorks), a Jindal Group company.

http://www.vdmaindia.org/

http://seminarprojects.com/Thread-coal-allocation-scam-or-coalgate-ppt





























coal industry in present scenario in india (coal scam) (1)

Documents