• Coal India Ltd (CIL‘s) coal supply to the power sector registered a decline of 6.8% to 377.86 million tonnes (MT) in the April-January period of the ongoing fiscal against 405.61 MT despatch in the year-ago period, according to official data.
  • However, the coal despatch by CIL to the power sector in January registered an increase of 2.9% to 43.20 MT, over 42 MT in the corresponding month of the previous fiscal, it said.
  • State-owned Coal India Ltd allocated 24.87 million tonnes of dry fuel for the spot electronic auction (e-auction) during April-January, down by 8.19% over 27.09 million tonne (MT) in the same period of last year, according to the government data. For January 2020, the coal allocation for the e-auction scheme declined to 3.62 MT from 4.83 MT in the corresponding month of 2019.
  • National Council of Applied Economic Research (NCAER) pegged the economic growth for the current fiscal at 4.9%, a tad down from 5% estimated by the National Statistical Office (NSO).
  • However, for 2020-21, the NCAER expects the Indian economy to improve its growth rate to 5.6%.
  • A faster demand uptick, particularly in the home builder and infrastructure segments, has made cement companies line up extensive greenfield and brownfield projects in eastern India.

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  • Thermal coal imports at the country’s 12 major ports declined 14.98% to 74.60 million tonnes (MT) during April-January this fiscal against 87.74 MT of the dry fuel in the same period of the previous year, as per a report by the Indian Ports Association.
  • The Cabinet cleared the second phase of Swachh Bharat Mission (Grameen) which emphasises not only on the sustainability of the open defecation free (ODF) system but also management of solid and liquid wastes in rural areas of the country..
  • The Cabinet cleared the second phase of Swachh Bharat Mission (Grameen) which emphasises not only on the sustainability of the open defecation free (ODF) system but also management of solid and liquid wastes in rural areas of the country.