Govt ready to open up coal, mining sector to competition: PM Modi

Amidst the China border dispute, Prime Minister Narendra Modi on Thursday began the process of auctioning 41 coal blocks for the private sector as part of the self-sufficient India campaign.

New Delhi: Amidst the China border dispute, Prime Minister Narendra Modi on Thursday began the process of auctioning 41 coal blocks for the private sector as part of the self-sufficient India campaign.

These auction are taking place at a time when business activity in India is normalizing rapidly.
Consumption and Demand is rapidly approaching the pre-COVID level. In such a situation, there cannot be a better time for this new beginning: PM Modi

All these Indicators, they are showing that Indian Economy is ready to bounce back quickly, has moved forward. Colleagues, India has come out of the biggest crises, it will come out of this: PM Modi

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‘Modern infrastructure designed to improve coal extraction to transportation will also create employment opportunities, people living there will get more facilities,’ said PM Modi

There are 16 Aspirational Districts in the country, which have large reserves of coal. But they did not benefit the people there as much as they should have. A large number of our partners from here away, migrate for employment in big cities.

Reforms in the coal sector, investment in this sector, will play a huge role in making the lives of people, especially our poor and tribal siblings, easier: PM Modi

India’s success, India’s growth is certain. We can become self-sufficient.
You remember ,Until just a few weeks ago we used to get N-95 mask, Corona testing kit, Personal Protective Equipment- PPE, ventilator, most of our needs from outside: PM Modi

In his address he said, ‘We have targeted to gasify around 100 million tonnes of coal by 2030.
I have been told that 4 projects have been identified for this and about 20 thousand crores will be invested on them.’

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