Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
MoreBack to News Headlines
Government waives upfront payment, offers rebates instead to expedite underground coal mining

Government waives upfront payment, offers rebates instead to expedite underground coal mining

The Hindu
Thursday, April 24, 2025 10:45 AM GMT

Government introduces new incentives to promote underground coal mining, including waiving upfront payment and reducing revenue share

In a bid to speed up the operationalisation of underground coal blocks, the government on Thursday (April 24, 2025) announced new incentives like waiving off of the upfront payment.

The push for underground coal mining aligns with the country's drive for sustainable coal production.

"In a decisive step towards revitalising India's coal sector, the Ministry of Coal has introduced a series of transformative policy measures aimed at promoting underground coal mining," an official statement said.

These reforms address the challenges of high capital investment and longer gestation period.

"The floor percentage of revenue share for underground coal mines has been reduced from 4% to 2%. This targeted reduction offers substantial fiscal relief and enhances the financial viability of underground projects," the statement said.

The mandatory upfront payment requirement for underground mining ventures has been completely waived. This measure removes a financial barrier, encouraging broader participation from the private sector and facilitating faster project implementation.

These incentives are further complemented by an existing 50% rebate on performance security for underground coal blocks, collectively lowering the entry threshold and facilitating smoother project implementation.

Read full story on The Hindu
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Challenging times for global trade; India will certainly cross $825 billion exports this fiscal: Piyush Goyal

India's exports set to surpass $825 billion in 2025-26 despite global challenges, with growth expected in key sectors.

World Bank cuts India’s FY26 growth forecast to 6.3% on subdued exports, investments

World Bank cuts India's growth forecast to 6.3% for FY 2025-26, citing dampened export and investment growth.

Rupee rises 6 paise to 85.51 against U.S. dollar in early trade

Indian rupee strengthens against the U.S. dollar on FII inflows and lower oil prices, with market awaiting trade deal.

India-U.S. trade pact: Officials discuss market access, digital trade, customs facilitation

India and the U.S. are negotiating a comprehensive Bilateral Trade Agreement, focusing on market access, digital trade, and customs facilitation.

Maruti Suzuki cuts near-term EV production amid rare earths crisis

Maruti cuts e-Vitara production by two-thirds due to rare earth shortages, aims to meet full-year target.

SEBI issues ₹5.35-crore demand notice to OPG Securities, others in NSE co-location case

SEBI issues ₹5.35 crore recovery notices to OPG Securities and directors for unfair trade practices, warning of asset attachment.

Inflow into equity MFs hits 13-month low at ₹19,000 crore in May

Equity mutual funds experience lowest inflow in 13 months, with SIP contributions remaining robust in May.

RBI slashes interest rates, but who will borrow?

RBI aggressively eases monetary policy to boost consumption and investment, focusing on SMEs and rural sectors for growth.

India’s rising household debts are not worrisome: SBI report

India's household debt manageable, with majority prime credit quality borrowers, asset creation loans, and potential interest savings.

Sensex snaps 4-day rally, Nifty ends unchanged in volatile trade

Sensex closes lower after 4-day rally, Nifty gains slightly; investors cautious amid global cues and trade talks.

Congress slams Modi government after World Bank said extreme poverty in India declined; says inconvenient data brushed aside

Congress criticizes Modi government for celebrating drop in poverty to 5.3% based on $3/day poverty line, lacking dignity.

WazirX crypto exchange’s restructuring proposal struck down by Singapore High Court

WazirX saw its proposed restructuring plan shot down by the Singapore High Court.

No declining trend in FDI into India: Piyush Goyal

India sees consistent growth in FDI, attracting USD 748.78 billion over 11 years, with renewed inflows and global appeal.

Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
OpenAI has discussed raising money from Saudi Arabia, Indian investors: Report

OpenAI has talked to Saudi’s PIF, India’s Reliance Industries and existing shareholder United Arab Emirates’ MGX, The Information reported.

NSE gets SEBI’s nod to launch monthly electricity futures contracts

NSE approved to launch monthly electricity futures contracts, aiming to provide hedging tools, accurate price signals, and encourage investments.

India-EU FTA will elevate strategic partnership: Jaishankar

India and the European Union have made progress in discussions related to a free trade pact that will be “comprehensive, balanced and meaningful”, said External Affairs Minister S. Jaishankar

NTPC raises $750 million ECB term loan 

NTPC secures $750 million ECB Syndicated Term Loan for renewable energy projects, facilitated by Bank of Baroda and HDFC Bank.

PNB expects NIM pick-up from Q3 with access to more CRR funds, imminent cut in deposit rates

Punjab National Bank expects NIM boost from RBI measures, plans to lower deposit rates for better interest income.

Kerala’s Sylcon deploys Staqu Tech’s JARVIS AI solution to power retail store operations 

Staqu Technologies deploys AI platform JARVIS at Sylcon retail chain for smarter operations and enhanced customer experience.

India’s AI market set to triple to $17 billion by 2027: Boston Consulting Group

India’s artificial intelligence market set to triple to $17 billion by 2027, says Boston Consulting Group

SBI hires 13,455 clerical staff 

SBI hires 13,455 Junior Associates to enhance customer experience, with recruitment process completed in 2025.

SEBI mandates dedicated UPI address for registered intermediaries

SEBI introduces @valid UPI handle for secure payments, combating fraud, with awareness campaigns and SEBI Check app.

Rupee rises 6 paise to settle at 85.51 against U.S. dollar

Rupee strengthens against the dollar, supported by foreign fund inflows, while investors await CPI data release.

Stock markets close higher on firm global trends, foreign fund inflows

Sensex and Nifty close higher, Sensex up by 123 points, Nifty marks sixth day of gains.

Govt working on draft framework to standardise default temperatures of air conditioners: Union Power Minister Manohar Lal

BEE working on standardizing AC temperatures to improve energy efficiency, consultations ongoing with appliance makers and states.

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us