Login With Google
Virtual auction of 41 coal blocks
News:
- The Prime Minister unveiled the auction process of 41 coal blocks for commercial mining through video-conference.
- A two-stage e-auction is being adopted for the allocation of mines.
More in the news:
- The decision was part of the announcements made by the Centre under the Atmanirbhar Bharat Abhiyan.
- The auction for commercial mining was a major step towards making India self-reliant in the energy sector.
- The government had decided to spend ₹50,000 crore on creating infrastructure for coal extraction and transport.
- This would also create job opportunities for locals closer to their homes.