Mumbai: Following the COVID19 outbreak in the country Prime Minister Narendra Modi said that India will turn such a crisis into an opportunity, become self-reliant and reduce its dependence on imports.
PM Modi said,”India will turn this COVID-19 crisis into an opportunity. It has taught India to be self-reliant. India will reduce its dependence on imports. To make India self-reliant in the energy sector, a major step is being taken today.”
PM Narendra Modi said while addressing the event to launch the auction of 41 coal mines for commercial mining on Thursday.
“We are not just starting auctions for commercial coal-mining today, but bringing the coal sector out of decades of lockdown,” he added.
According to a release, the Ministry of Coal, in association with FICCI, is in the process of auctioning 41 coal mines under the provisions of the CM (SP) Act and MMDR Act to achieve self-sufficiency in the coal sector.
It said that the auction process marked the beginning of the opening of the Indian coal sector for commercial mining and would enable the country to achieve self-sufficiency in meeting its energy needs and promoting industrial development.
Starting the auction process of coal mines for the sale of coal is part of a series of announcements made by the Center on behalf of India.