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Coal India Foundation Day – November 1
November 5 , 2019
1849 days
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- Coal India Limited (CIL) celebrated 45th Foundation Day on November 1.
- On this occasion, the Minister for Coal and Mines Pralhad Joshi said that the Coal India Limited (CIL) will produce 750 million tonnes of coal by the Financial Year 2020-21 and would further produce one billion tonnes of coal in the financial year 2023-24.
- The CIL is currently given the target of producing 660 million tonnes of coal amounting to 82% of the country’s coal output.
- Recently the Union Government has allowed 100% FDI under automatic route in Coal sector.
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