Inter-ministerial committee proposes setting up of a non-lapsable ‘Green Energy Transition India Fund’

An inter-ministerial committee on just transition from coal has proposed setting up of a non-lapsable ‘Green Energy Transition India Fund’ to help coal bearing regions to chart an alternative development plan after coal mines in the region are closed in a phased manner.

Further, it has proposed a dedicated coal mine closure policy and a three-tiered structure to oversee its implementation.