{"id":336227,"date":"2020-02-06T10:28:23","date_gmt":"2020-02-06T04:58:23","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=336227"},"modified":"2020-02-06T11:04:29","modified_gmt":"2020-02-06T05:34:29","slug":"fimi-urges-coal-ministry-to-fast-track-auctions-of-schedule-ii-blocks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fimi-urges-coal-ministry-to-fast-track-auctions-of-schedule-ii-blocks\/","title":{"rendered":"Fimi urges coal ministry to fast-track auctions of Schedule II blocks"},"content":{"rendered":"<p>In view of the spike in coal imports, Federation of Indian Mineral Industries (Fimi) has urged the Ministry of Coal (MoC) to hasten the auctions of Schedule II coal blocks. <\/p>\n<p>&#8220;There is an urgency to augment domestic coal production on fast track basis. In the list of coal blocks earmarked for commercial sale of coal, there are few Schedule-II mines which can be brought to production within few months time. MoC should bring all such Schedule-II mines for auction under the first tranche\u201d, Fimi reasoned. <\/p>\n<p>The country has witnessed a consistent surge in coal imports. During 2018-19, 235 million tonnes (mt) of coal including coking coal was imported. In the current fiscal, coal imports are forecast to surge further. Since the country imports a significant quantum of coal imports, much of the foreign exchange is spent on buying coal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In view of the spike in coal imports, Federation of Indian Mineral Industries (Fimi) has urged the Ministry of Coal (MoC) to hasten the auctions of Schedule II coal blocks. &#8220;There is an urgency to augment domestic coal production on fast track basis. In the list of coal blocks earmarked for commercial sale of coal, there are few Schedule-II mines which can be brought to production within few months time. MoC should bring all such Schedule-II mines for auction under the first tranche\u201d, Fimi reasoned. The country has witnessed a consistent surge in coal imports. During 2018-19, 235 million tonnes [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-336227","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=336227"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336227\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=336227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=336227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=336227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}