• Workers of a private firm engaged in two mines of Talcher Coalfield in Odisha have halted coal production while operations in another open cast project of Mahanadi Coalfields Ltd (MCL) remained paralysed for the eighth day on Thursday 17, 2019. Coal production of at least 16,800 tonne at Lingaraj OCP and about 18,000 tonne at Kaniha OCP was affected due to the disruption by workers of the private firm since Wednesday demanding better service conditions.
  • Overburden removal of about 30,000 tonne of coal a day, 10,000 tonne of coal production and equal quantity of coal despatch to consumers, including NALCO, JITPL, JSPL, BSL and GMR, have been affected due to the disruption at Balram OCP.
  • However, mining operations resumed from the second shift on Wednesday after a meeting between villagers and the local project management.
  • Domestic giant Coal India on Thursday (17.10.2019) said that dry-fuel supplies by its largest producing arm South Eastern Coalfields Limited (SECL) will go up following operationalisation of a new 44-km railway line in Chhattisgarh.
  • The 44-km line from Kharsia to Korichapar is part of the East Rail Corridor, being developed by Chhattisgarh East Railway Ltd (CERL), a special purpose vehicle (SPV) formed by the government of Chhattisgarh, IRCON International Ltd and SECL.
  • SECL is expected to play a lead role in Coal India’s 1 billion tonne coal production target by 2025-26 with a contribution of around 26% at 262 million tonnes.
  • The Indian rupee opened 5 paise higher at 71.38 against the US dollar in early trade on Thursday (17.10.2019) tracking positive opening in domestic equities and foreign fund inflows.
  • Housing and Urban Affairs Minister Hardeep Puri, who is faces the daunting challenge of overseeing housing sector besides civil aviation, shares his views on green technologies, and the redevelopment plan of Central Vista in an interview with media.
  • In response to construction sector moving forward, he said that In the coming days, more and greener technologies which are of global standard will have to be adopted in India. The traditional use of building material such as brick and mortar is adding to the toxicity. It’s not only about providing homes to everyone but care has to be taken to ensure it is done in an environment-friendly manner.
  • In response to challenging aspect of urbanisation in India, he said at this point of time, urbanisation needs to factor in both the challenges that the urban landscape is currently facing and the challenges which are going to arise between now and 2030 when around 600 million people would be living in urban India. India of 2030 has to be rebuilt completely.
  • About West Bengal is not part of some of the schemes, he said we will continue to persuade the State. In urban areas, all the States have been declared Open Defecation Free (ODF) except 52 Urban Local Bodies (ULBs) of West Bengal. The schemes such as Swachh Bharat are for the people and they should avail it. However, positive changes are happening there even if they are happening at a slower pace.
  • India has imposed a provisional $29-$200 a tonne anti-dumping duty to rein in burgeoning and predatory imports of galvalume steel products from China, Vietnam and Korea which were causing material injury to the domestic industry. The duty will remain in effect for six months.
  • JSW Steel Coated Products, a unit of Sajjan Jindal-led JSW Steel, had moved a petition before the Directorate General of Trade Remedies (DGTR) for imposition of the trade remedial measure on imports of the high-end aluminium and zinc coated flat products (galvalume) that find application in roofing purposes to making auto parts.
  • In its petition, JSW Steel Coated Products had submitted that imports of these products galloped by more than 11 times from 17,695 tonnes in 2015-16 to 2,02,711 tonnes during the investigation period — October 2017 to September 2018.
  • The Government is toying with the idea of stipulating a minimum distance between two ports as part of its efforts to ensure that ports in the country remain viable financially. This is likely to get reflected in a new Bill that may be introduced in the ensuing Winter or next Budget session of Parliament and would like the ports to be empowered so that they do not have to come to the Centre for their decisions.