Union Coal Minister G. Kishan Reddy announced a significant set of welfare measures and modernisation plans for Coal India Limited (CIL), aimed at improving the lives of mine workers and strengthening safety standards. The minister said CIL will increase the ex-gratia compensation in case of mine accidents from the existing Rs. 15 lakh to Rs. 25 lakh. The enhanced payout will come into effect on 17th September, marking Vishwakarma Jayanti. Also Read: Coal Price Hike and Royalty Collection Put Pressure on BCCL, CCL, ECL in Jharkhand Reddy also revealed that Coal India will, for the first time, implement an official…
Author: Editorial Desk
Union Coal Minister G. Kishan Reddy announced that a joint committee of the Coal Ministry and the Jharkhand Government is working to resolve the state’s pending dues and accelerate the rollout of a new Jharia master plan. Speaking to the media in Ranchi, he said two to three meetings of the committee have already been held, and a decision is expected soon. Also Read: Coal Minister Met Jharkhand CM, Discussed Jharia Master Plan and Mining Issues Mines Closure and Water Utilisation Plan Reddy said the Centre is focused on mine closure and sustainable water use in coal-bearing states like Jharkhand,…
Jharkhand has emerged as the top earner from coal among Indian states, cornering over 25.4% of Coal India’s total revenue in the first five months of FY 2025-26. According to official data, the state earned Rs. 6,450.94 crore till August, including Rs. 1,685.34 crores in royalty and Rs. 493.48 crore in District Mineral Foundation Trust (DMFT) contribution. Also Read: India’s Coking Coal Imports Projected to Rise 42% by 2030 Despite Doubling Local Output Officials said the sharp rise in Jharkhand’s coal revenue is driven by the State Government’s decision to levy royalty at market rates. This change pushed Jharkhand far…
Hindalco Industries has called for strong policy measures to help India’s aluminium sector enter its next phase of growth at a time when demand is projected to double over the next five years. Speaking at an industry event, Aniruddha Kulkarni, Chief Strategy Officer at Hindalco, said production-linked incentives, rationalised import duties on capital equipment, and strict compliance with Indian quality standards will be crucial for the sector to remain competitive globally. Also Read: India’s Coking Coal Imports Projected to Rise 42% by 2030 Despite Doubling Local Output Rising Demand and Structural Opportunity Kulkarni said that the Government’s Aluminium Vision Document,…
Jharkhand & Industry News Headlines & Summaries Coal Minister Inaugurates Integrated Command & Control Centre at CCL HQ Union Coal & Mines Minister G. Kishan Reddy inaugurated CCL’s Integrated Command and Control Centre at Darbhanga House, Ranchi. With cameras, sensors, drones, AI video analytics, and GIS dashboards, it enables real-time monitoring, risk detection, and incident management. Reddy also engaged with Piparwar officials and beneficiaries, stressing safety, transparency, and efficiency. Jharkhand IPS Officer Anish Gupta Gets Key Roles at CBI Headquarters 2008-batch IPS Anish Gupta has been appointed head of Special Cell-3 at CBI HQ, given charge as Deputy Director (Admin),…
Panic gripped Bokaro Steel Plant on Thursday morning after a gas leak was detected in CRM-03’s Acid Regeneration Plant (ARP-3). The strong smell spread rapidly, forced workers to run for safety. The area was immediately sealed and water was sprayed to neutralize the effect of the leaked gas. Also Read: BMW Industries Announced Rs. 803 Crores Investment in Bokaro Jharkhand Emergency teams from the Fire Brigade and the EMD rushed to the site soon after the incident, which occurred around 11 am. Investigations revealed that a hole in the drain port pipeline had caused the leak. The team promptly shut…
The Jharkhand Income Tax Department has busted a major tax evasion racket worth nearly Rs. 2,000 crores involving political donations, putting over 500 high earning professionals from Jharkhand and Bihar under the scanner. Officials said the evasion was carried out by routing funds through the Bihar registered Aam Janmat Party, which allegedly returned 95% of the money to donors, retaining only a small commission. Also Read: Show Cause Notice Issued to BCCL Top Officials Over Irregularities of Rs. 1500 Crore Modus Operandi Exposed Political donations qualify for full deduction under Section 80GGC of the Income Tax Act, making them an…
AJSU (All Jharkhand Student Union) Party Central General Secretary and former MLA Dr. Lambodar Mahato on Thursday alleged massive financial irregularities worth crores of rupees in the District Mineral Foundation Trust (DMFT) funds across Jharkhand. He demanded a CBI inquiry into what he called “open loot” of public money meant for the development of mining-affected areas. Also Read: Jharkhand High Court Rejected Madhu Koda Plea in Rural Electrification Graft Case Rs. 631 Crores Irregularities in Bokaro Alone Addressing a press conference in Ranchi, Mahato said that Jharkhand had received Rs. 16,474 crores under DMFT till July-end but claimed that the…
The Ministry of Corporate Affairs (MCA) has widened the scope of fast-track mergers under the Companies Act, 2013, allowing more categories of companies to benefit from the simplified merger and demerger process. The move is expected to speed up corporate restructuring, reduce litigation bottlenecks, and provide a more predictable framework for domestic and foreign investors. Also Read: Jharkhand’s Textile Policy Expired, Government Preparing New Textile Policy with Subsidies and Tax Reliefs In a notification dated 4th September 2025 (G.S.R. 603(E)), MCA amended the Companies (Compromises, Arrangements and Amalgamations) Rules, expanding eligibility for fast-track mergers under Section 233. Earlier, this route…
The 56th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman, approved key rate cuts aimed at lowering costs in the housing sector and supporting small enterprises. The Council reduced GST on Marble, Travertine, and Granite blocks from 12% to 5%, a move expected to bring relief to the construction industry that uses these materials extensively. Also Read: Iron Ore Mines in Jharkhand Remained Closed, Despite Market Demand According to the Ministry of Mines, the lower GST on Marble and Granite will help reduce costs of housing projects, especially in rural and semi-urban areas where these materials are…