Over the past five years, Coal India closed 42 mines, including 30 underground and 12 open-pit. While BCCL mines remain unaffected, several ECL and WCL mines are part of the closure list. Western Coalfields Limited (WCL) saw the highest closure with 18 mines. The Coal Ministry is working under MDO guidelines to reopen these mines and revive operations. These closed mines are now being handed over to private companies for potential revival. List of Closed Mines by Company: NEC (Northern Eastern Coalfields) SECL (South Eastern Coalfields) CCL (Central Coalfields) WCL (Western Coalfields) ECL (Eastern Coalfields) MCL (Mahanadi Coalfields) These mines…
Author: Business Jharkhand
Our readers can regularly read a curated list of major and important news related to the industrial, political, and administrative sectors of Jharkhand, as published in various state newspapers, on our website. Stay updated with the latest developments and key stories from across the state. Todays highlights are: Cabinet Ministers Review Key Departments A week after taking office, several of Chief Minister Hemant Soren’s ministers, including Irfan Ansari (Health), Sanjay Yadav (Labour), Chamra Linda (SC/ST Welfare), and Shilpi Neha Tirkey (Agriculture), conducted review meetings. They issued directives on improving healthcare services, strengthening rural infrastructure, enhancing agricultural support, and improving welfare…
A special CBI court in Delhi has convicted Abhijit Infrastructure Private Limited and its two directors, Manoj Kumar Jaiswal and Ramesh Jaiswal, in the multi-crore coal block allocation scam in Jharkhand. The company and its directors were found guilty of securing coal block allocations using fraudulent documents. Sentencing will be decided in a subsequent hearing. The CBI had registered an FIR against the company and its officials in January 2016, accused them of involvement in the illegal allocation of coal blocks. After an extensive investigation, the CBI filed charges in October 2020, stating that the company used forged documents to…
Sanjay Malhotra, an Indian Administrative Service (IAS) officer from the 1990 batch of Rajasthan Cadre, has been appointed as the 26th Governor of the Reserve Bank of India (RBI). The Cabinet’s Appointments Committee approved his appointment for a three-year term, beginning from 11th December 2024. Malhotra will succeed Shaktikanta Das, whose tenure ends on 10th December 2024. Malhotra’s vast experience and expertise, particularly in finance, taxation, and public policy, make him well-positioned to steer India’s central banking institution through challenging economic times. About Sanjay Malhotra: A Visionary Leader with a Multi-Sectoral Background A distinguished officer, Malhotra brings over 33 years…
The Jharkhand State Pollution Control Board (JSPCB) has issued notices to 123 stone crusher units and businesses in Sahibganj, directed them to pay their environmental compensation dues within one month. Failure to comply will lead to the closure of the units. The notice was issued under the direction of Rajeev Lochan Bakshi, the Secretary of the JSPCB, in accordance with orders from the National Green Tribunal (NGT). Earlier, a fine of Rs. 101.26 crore was imposed on 214 stone crushing units in Sahibganj for environmental violations. While some businesses have paid the fine or met environmental standards, many others have…
Our readers can regularly read a curated list of major and important news related to the industrial, political, and administrative sectors of Jharkhand, as published in various state newspapers, on our website. Stay updated with the latest developments and key stories from across the state. Todays highlights are: Coal-Dependent States Must Seek Alternatives: B AklaB. Akla, former CMD of CCL, highlighted rapid changes in the coal industry, urged coal-dependent states to plan for alternatives. With a declining demand for coal and India’s commitment to net-zero emissions by 2070, these states must focus on creating new sources of employment and income.…
The auction for coal blocks has entered its 11th round, with a total of 20 coal mines up for bidding, including five from Jharkhand. One coal block is from North Karanpura Coalfield and the other four coal mines are from the Rajmahal Coalfield region. This follows the completion of the 10th round of coal block auctions, and the Central Government has swiftly launched the next phase. The 11th round includes mines from Jharkhand, Maharashtra, Madhya Pradesh, Chhattisgarh, Arunachal Pradesh and Odisha, with Jharkhand contributing five coal blocks, namely – Seregarha (Latehar), Jawardaha North and South (Pakur, Godda & Sahibganj), and…
Jharkhand is one of the most mineral-rich states in India, with a lot of untapped resources. The state has 4541 mines. However, 3804 of these mines are closed and only 737 are operational in the State. The current revenue of the State is only Rs. 10,500 Crore annually, while Odisha’s mining sector contributing nearly Rs. 50,000 as annual revenue to Odisha. If all these closed mines of Jharkhand are reopened, the state will earn an annual revenue of Rs. 60000 Crores and nearly 10 lakh jobs will be created. Only West Singhbhum can generate revenue of Rs. 4000 Crores In…
Jharkhand Chief Minister Hemant Soren has allocated various departments to his ministers. Along with Personnel, Administrative Reforms, and Official Language, he has retained key portfolios including Home (including Prisons), Road Construction, Building Construction, Cabinet Secretariat, and Vigilance (excluding Parliamentary Affairs). The Cabinet Secretariat and Vigilance Department issued the notification today. Below are the list of ministers and their portfolio in the Jharkhand Government Cabinet: Shri Hemant SorenChief MinisterPersonnel, Administrative Reforms, and Official Language DepartmentHome (including Jail) DepartmentRoad Construction DepartmentBuilding Construction DepartmentCabinet Secretariat and Vigilance Department (excluding Parliamentary Affairs) and all other departments not allocated to other ministersShri Radhakrishn KishoreMinisterFinance DepartmentCommercial…
Tensions between West Bengal and neighbouring states, particularly Jharkhand and Odisha, reached a boiling point due to the ongoing restrictions on potato exports imposed by the West Bengal government. Trucks carrying potatoes from West Bengal have been halted at the Dibudih check post in Maithon, Dhanbad (Jharkhand) for the past three days, disrupting vital potato supplies to Jharkhand. This has contributed to rising prices, already strained by high onion costs, burdening consumers. Madan Prasad, president of the Potato and Onion Sellers Association in Jharkhand, stated that 60-70% of the state’s potato supply comes from West Bengal. With daily deliveries typically…