Coal Auction Current Affairs, GK & News

Coal Import Monitoring System

The Government of India is to implement Coal Import Monitoring System (CIMS). The system will require the importers to submit advance information online and obtain an automatic registration number to handle coal imports in the country. About the Coal Import Monitoring System The importers of Bituminous coal, anthracite coal, coking coal and steam coal are ..

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India to set up Coal Exchange

India is to set up Coal Exchange trading platform soon. According to the proposal to set up the India Coal Exchange platform, the entire coal mined in the country is to be traded on a common platform called “Coal Exchange”. Why is Coal Exchange important? It is important to set up the trading platform as ..

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Cabinet meets to approve several initiatives under Atma Nirbhar Bharat Abhiyan

On May 20, 2020, the union cabinet approved several initiatives under Atma Nirbhar Bharat Abhiyan that was launched by PM Modi recently. Highlights The Union Cabinet has approved allocation of food grains, adoption of auction methodology for coal, issuance of second order to Reorganisation of Jammu and Kashmir, Pradhan Mantri Matsya Sampada Yojana, Pradhan Mantri ..

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Mineral Law Amendment Bill passed in Lok Sabha

On March 6, 2020, the Lok Sabha passed Mineral Laws (Amendment) bill, 2020. The bill aims to amend Mines and Minerals (Development and Regulation) act, 1957 and also Coal Mines (Special Provisions) Act, 2015. Highlights The bill was passed in the parliament without discussion. This was because of the constant uproar of the opposition over ..

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Ordinance promulgated to amend coal mining laws

On January 11, 2020, the Government of India promulgated ordinance to amend coal mining laws in order to ease auction of coal mines. Highlights The GoI has promulgated ordinance to amend MMDR act (Mines and Minerals Development and Regulation act), 1957 and Coal Mines (Special Provisions) act [CMSP], 2015. Objectives of the amendment It will ..

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