Start learning 50% faster. Sign in now
• Coal PSUs under the administrative control of MoC have been at the forefront of doing CAPEX to assist and contribute in transforming Indian economy. • Over the past few year Coal CPSE has been over achieving the CAPEX Target. • In FY 21-22, Coal PSU’s had achieved 104.86% their target. Similar performance was repeated in FY 2022-23 where coal PSUs achieved around 109.24% of its target. • There has been consistent YoY growth in CAPEX by Coal PSU’s over last 3 years. • The Ministry of Coal's CAPEX target for 2023-24 is 21,030 Crore. • By Feb 2024, coal PSUs have already surpassed the FY 2023-24 target by making record capex of Rs. 22448.24 Cr i.e. 106.74% of the annual target. • With major CAPEX investments materializing in the last two months of the fiscal year, it is anticipated that both CIL and NLCIL will add to their achievement, further bolstering India's economic growth trajectory. • CAPEX is one of the crucial components of the economic dynamics, which has a multiplier and trickle-down impact on the overall economy boosting consumption, demand and spurs industrial growth, creates employment and long-lasting infrastructure from which durable benefits accrue to the country over a long period of time. • Ministry of Coal has outperformed in the Govt of India’s ambitious plan of monetizing underutilized assets in its Flagship programme of Asset Monetization started in FY 2021-22. Overall achievement under Asset Monetization is as follows:
• For FY 2022-23, the target fixed by GeM for Ministry of Coal (including its CPSEs) for procurement of Goods & Services through GeM was Rs. 4000 crore. The achievement against the target was Rs. 4,278 Crores, which is 107%. • The following awards were bestowed upon Ministry of Coal, CIL & NLCIL by the Minister of Commerce & Industry in the ceremony held on 26.06.2023: “Best Engagement”- Ministry of Coal “Rising Star” – Coal India Limited “Timely Payments (CPSEs)” – NLC India Limited • For FY 2023-24, the actual procurement through GeM is Rs 88,518 crores (till 02 March, 2024) which is 415% of target of Rs 21,325 Crores. • Ministry of Coal is at 1st Position in the overall procurement through GeM among all the Central Ministry / Departments. Coal India Limited (including subsidiaries) is at TOP position in GeM procurement among all CPSEs (till 02.03.2024).
Who among of the following person sits immediate right of A?
How many girls are sitting between the one who uses Acer laptop and Geet in anticlockwise direction from the one who uses Acer laptop ?
Six persons L, M, N, O, P, and Q sit around a circular table but not necessarily in the same order. Each of them faces towards the centre of the table. ...
Who among the following person sits third to the left of the one who sits second to the right of the one who likes Vanilla?
Who among the following person sits second to the right of J?
If ‘F’ is related to “Hindustan Times’ and ‘H’ is related to ‘Punjab Kesari’ in a certain way based on t...
Five friends B, C, D, E and F are sitting in a straight line all facing in the north direction. B is sitting at one of the extreme ends. Three people ar...
Who site second to the right of E.
The one who likes Red colour faces the one who likes?
Six professional Shekhar, Sidhu, Kapil, Bhuvan, Tanu and Ketan, are sitting around a hexagonal table, each at one corner, and are facing the centre of t...