Coal Minister urges CIL to boost production and reduce import reliance

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Coal Minister urges CIL to boost production and reduce import reliance - Business Standard

Quick Summary:

"Contractual workers play a significant role in Coal India's output, and I applaud the management's decision to implement Performance Linked Incentives for them, effective FY 2023-24," he was quoted as saying in a coal ministry statement.

State-owned CIL's priorities should be to ramp up production of coal and scale up supplies to reduce imports, Union Minister G Kishan Reddy has said.

The launch of commercial coal mining has led to transparency, ease of doing business and investment opportunities, helping open the coal sector.