Coal Minister, Shri Sriprakash Jaiswal today reviewed coal production targets here in a meeting. It was attended by Secretary, Coal, the Chairman of Coal India Ltd. and CMD of other government coal companies. In the meeting coal production target was set at 460.50 mt. for 2010-11.Reviewing the performance of coal companies, Minister directed to chalk out action plans to improve overall performance. He said that each company should have specific monthly target of production and off-take and should strictly adhere to it. The Minister was informed that till November 15, during the current financial year Coal production has been 253.26 mt. in comparison to 245.89 mt. coal production in corresponding period of last month.
Highlighting the welfare needs of the local people, Shri Jaiswal said that while developing the new mining site, care should be taken for proper rehabilitation of displaced persons with the help of local administration. Employment in the mining projects should be provided expeditiously. He directed that Public Grievance Committee should be set up at the site of each and every mining project to take care of welfare issues of the locals. He also asked the coal companies to take up forestation in a big way around the mining projects as has been done in some cases by CIL, the areas have become more green and have increased wild life after taking projects. The Minister was informed that environmental clearance is still a big issue for taking up further exploration of coal resources, as of now 20 projects are pending for the clearance.Availability of railway racks and land for rehabilitation of displaced persons are affecting the performance of coal companies.
The Minister was also informed that e-auction of the coal was also doing well. During the quarter ending in June, the number of successful bids were 10478 as against 8050 during the corresponding period of last year, and improvement 2000 bids. The price margin also improve 66.8 per cent from 58.83 per cent of the last year.
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