Chhattisgarh
Revenue from Coal Mining Progressively Increases in Chhattisgarh
- 15 Oct 2022
- 2 min read
Why In News?
- According to the information given by the Chhattisgarh Public Relations Department on October 14, 2022, in the last three years, Chhattisgarh has received revenue of Rs.7 thousand 217 crore, registering a progressive increase in the revenue received from coal mining.
Key Points
- Of these, the revenue received by the state from coal mining is Rs 2 thousand 337 crore in 2019-20, Rs 2 thousand 356 crore in 2020-21 and Rs 2 thousand 524 crore in 2021-22. This achievement has been achieved by the efficient implementation of Chhattisgarh Mineral Storage Rules 2009 by the State Government.
- It is worth mentioning that under the Chhattisgarh Mineral Storage Rules, 2009, there is a provision to give information about the quantity of mineral proposed, grade recipient etc. to the district office before dispatch of mineral to the mineral lessees and licensees in special circumstances.
- The operation and dispatch of coal mines in the state is mainly done by SECL, a Government of India undertaking. Coal is provided by SECL to different consumers according to power and non-power category through various schemes like linkage, e-auction etc.
- The royalty payable to the state government on coal is 14 percent of the basic sale price of coal being provided by SECL as per the scheme. There is wide variation in the basic sale price of coal scheme wise power and non-power category and grade wise.
