In a first, the coal ministry has set an ambitious target of 1 billion tonne coal production during 2023-24 under its ‘Action Plan’ for the sector and a capex target of Rs 21,030 crore for its PSUs. In a statement, the ministry said it has conceptualized the Action Plan for FY24 with the goal of achieving Aatmanirbhar Bharat by enhancing the production, efficiency, sustainability, new technologies etc in the coal sector.
“It is an ambitious, well-crafted roadmap that covers a variety of areas including a total coal production target of 1012 MT for 2023-24,” it said.
The ministry has already taken various steps to increase the coal production and efficiency like mining developers cum operators (MDO)