Impressive Surge in Coal Production and Dispatch in February 2024
Key Points:
- February 2024 witnessed a substantial surge in overall coal production with 96.60 Million Tonne (MT) produced, marking an 11.83% increase from February 2023.
- Coal India Limited (CIL) specifically saw growth in production, reaching 74.76 MT in February 2024, showcasing an 8.69% increase from the previous year.
- Cumulative coal production up to February 2024 stands at 880.72 MT in FY’ 23-24, a notable 12.14% rise from FY’ 22-23.
- Coal dispatch also saw a significant boost, with 84.78 MT dispatched in February 2024, reflecting a growth rate of 13.63% from February 2023.
- CIL's dispatch in February 2024 reached 65.3 MT, up by 12.05% from February 2023.
- The cumulative coal dispatch in FY’ 23-24 stands at 882.44 MT, a remarkable 11.08% increase from FY’ 22-23.
Strategies and Methodologies:
The consistent growth in coal production and dispatch indicates effective planning, resource management, and operational efficiency within the coal industry. Collaborative efforts among stakeholders have also played a vital role in ensuring a steady supply of coal to drive economic sectors.
Potential Exam Questions:
- What are the key figures regarding coal production and dispatch in February 2024 as highlighted in the Ministry of Coal's announcement?
- Discuss the significance of the surge in coal production and dispatch for the economy, referencing the growth rates provided.
- How has Coal India Limited contributed to the increased production and dispatch of coal in February 2024 compared to the previous year?
"The coal industry's commitment to supporting economic sectors and the nation's vision of self-reliance is evident in the recent surge in production and dispatch."
Summary:
The Ministry of Coal reported a remarkable increase in coal production and dispatch in February 2024, highlighting growth rates of over 11% in both production and dispatch compared to the same period in 2023. The collaborative efforts among stakeholders and the dedication of the coal industry are instrumental in driving growth and prosperity in line with the nation's goals of self-reliance and sustainable development.