Coal imports to stop by 2024, says Pralhad Joshi

Coal minister Pralhad Joshi said that the import coal which has considerably declined will be stopped by 2024.

Speaking at an event at the office of the Comptroller and Auditor General of India to release a ‘Compendium of Asset Accounts on Mineral and Energy Resources’, the minister said that commercial coal mine auction which was institutionalized by the present government has made the auctioning process totally transparent.

Joshi also complemented CAG’s office for bringing out the first ever compendium of asset accounts on mineral assets of the country. The minister also said that the report presents a comprehensive picture of the mineral resources spread across different states in the country.

He said that the compendium will help in further strengthening the sustainable mining process which is of great importance for ecology and future generations.

Collating the information of the state asset accounts, the government accounting standards advisory board has prepared the compendium of asset accounts on mineral and energy resources in states. The compendium includes details of all four fossils, 40 major minerals and 63 minor minerals in 28 states and one Union Territory Jammu & Kashmir and also covers the innovations and good practices noticed during the course of the study.

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