‘Coal India To Produce One Billion Tonnes Of Coal, Offer 10 Thousand New Jobs By 2024’: Union Minister Prahlad Joshi 

Union Minister of Coal and Mines Pralhad Joshi has announced that Coal India Limited (CIL) will produce 750 million tonnes of coal by the end of FY21 and will target production of one billion tonnes of coal by FY24, a government press release said.

The CIL currently produces around 660 million tonnes of coal amounting to 82 per cent of the country’s coal output.

Speaking at the 45th Foundation Day of CIL in Kolkata, Joshi added that the government-owned firm will also offer around ten thousand new jobs in a boost to employment in the sector.

“It is heartening to know that Coal India has planned for huge capital investments for its works and expansion programs, along with bringing in new technologies in its operations. The company will also be on hiring personnel and I am hopeful that it will achieve all assigned goals on time.” the minister said.

Referring to the central government’s recent decision of 100 per cent FDI under automatic route in the coal sector Joshi added that with the demand for power rising steeply, there is enough opportunity for both government and private sectors to produce coal without adversely impacting each other.