Business

Coal imports fell throughout the April-August period of the existing monetary yearCountry's total coal imports fell 12 per cent year-on-year to 94 million tonnes in April-August 2021, generally due to considerable decrease in import of non-coking coal.Coal ministry said in a declaration that due to this fall in coal imports, not only did it lead to saving of exchequer's cash, but also minimized country's dependence on imported coal, as costs of dry fuel have been soaring in the international market.
Due to a considerable decrease of import of non-coking coal in the current year, the total import of coal has actually likewise reduced to 94.15 million tonnes in the period from April to August 2021 as compared to 107.01 million tonnes throughout the corresponding duration of 2019-20, a decline of about 12 percent, the statement said.The import of all ranges of non coking coal reduced 16.09 percent to 70.85 million tonnes in the April-August duration of the ongoing financial over the matching months of 2019-20.
The nation had actually imported 84.44 million tonnes of all varieties of non coking coal during the matching months of the fiscal year 2019-20, the statement said.The 2020-21 financial has not been taken into consideration as commercial production got seriously hit due to the break out of the pandemic.





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