Coal Gasification Push: ₹4 Lakh Crore Investment Target

Exam-focused facts from the 9 June 2026 current affairs briefing.

Key facts

The Union Ministry of Coal and Mines (MoCM) is prioritising surface and underground coal gasification to reduce import dependence and target investments of ₹4 lakh crore.
The initiative aims to save approximately ₹3 lakh crore in foreign exchange and generate employment for nearly one lakh people.
The MoCM has commenced surface gasification, allocating 100 million tonnes of coal with incentives worth ₹46,000 crore.
The policy seeks to unlock high-value by-products, including ammonia, methanol, hydrogen, fertilisers, chemicals, and petrochemicals.
The government targets the closure of 147 abandoned mines by 2028, with oversight committees formed across 600 districts to monitor the process.