Ministry of Coal
Encyclopedia
The Ministry of Coal is an Indian government
ministry
. The portfolio
is currently held by the Prime Minister
Manmohan Singh
, assisted by the Minister of State
for Coal, Sriprakash Jaiswal.
The Ministry of Coal is charged with exploration
of coal
and lignite
reserves in India
, production, supply, distribution and price of coal through the government-owned corporation
s Coal India Limited
and its subsidiaries
, as well as Neyveli Lignite Corporation
. The Ministry of Coal also manages the Union Government's 49 percent equity
participation in Singareni Collieries Company
, a public sector undertaking that is a joint venture with Andhra Pradesh government
.
The Ministry of Coal also is in charge of administration of the Coal Mines Provident Fund Organization and Coal Mines Welfare Organization.
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...
ministry
Ministry (government department)
A ministry is a specialised organisation responsible for a sector of government public administration, sometimes led by a minister or a senior public servant, that can have responsibility for one or more departments, agencies, bureaus, commissions or other smaller executive, advisory, managerial or...
. The portfolio
Ministry (government department)
A ministry is a specialised organisation responsible for a sector of government public administration, sometimes led by a minister or a senior public servant, that can have responsibility for one or more departments, agencies, bureaus, commissions or other smaller executive, advisory, managerial or...
is currently held by the Prime Minister
Prime Minister of India
The Prime Minister of India , as addressed to in the Constitution of India — Prime Minister for the Union, is the chief of government, head of the Council of Ministers and the leader of the majority party in parliament...
Manmohan Singh
Manmohan Singh
Manmohan Singh is the 13th and current Prime Minister of India. He is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. A Sikh, he is the first non-Hindu to occupy the office. Singh is also the 7th Prime Minister belonging to the Indian...
, assisted by the Minister of State
Minister of State
Minister of State is a title borne by politicians or officials in certain countries governed under a parliamentary system. In some countries a "minister of state" is a junior minister, who is assigned to assist a specific cabinet minister...
for Coal, Sriprakash Jaiswal.
The Ministry of Coal is charged with exploration
Mineral exploration
Mineral exploration is the process of finding ore to mine. Mineral exploration is a much more intensive, organized and professional form of mineral prospecting and, though it frequently uses the services of prospecting, the process of mineral exploration on the whole is much more involved.-Stages...
of coal
Coal
Coal is a combustible black or brownish-black sedimentary rock usually occurring in rock strata in layers or veins called coal beds or coal seams. The harder forms, such as anthracite coal, can be regarded as metamorphic rock because of later exposure to elevated temperature and pressure...
and lignite
Lignite
Lignite, often referred to as brown coal, or Rosebud coal by Northern Pacific Railroad,is a soft brown fuel with characteristics that put it somewhere between coal and peat...
reserves in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
, production, supply, distribution and price of coal through the government-owned corporation
Government-owned corporation
A government-owned corporation, state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, or parastatal is a legal entity created by a government to undertake commercial activities on behalf of an owner government...
s Coal India Limited
Coal India Limited
Coal India Limited is an Indian state-controlled coal company headquartered in Kolkata, West Bengal, India and the world's largest coal miner with revenue exceeding 60,245 Crore . It was formerly owned entirely by the Union Government of India, under the administrative control of the Ministry of...
and its subsidiaries
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
, as well as Neyveli Lignite Corporation
Neyveli Lignite Corporation
Neyveli Lignite Corporation Limited is a government-owned lignite mining and power generating company in India. NLC operates the largest open-pit lignite mines in India, presently mining 24 MT of lignite and has an installed capacity of 2490 MW of electricity per year. It also supplies a large...
. The Ministry of Coal also manages the Union Government's 49 percent equity
Ownership equity
In accounting and finance, equity is the residual claim or interest of the most junior class of investors in assets, after all liabilities are paid. If liability exceeds assets, negative equity exists...
participation in Singareni Collieries Company
Singareni Collieries Company
The Singareni Collieries Company Limited or SCCL is a government-owned coal mining company in India. One of the public sector undertakings, the company is jointly owned by the Andhra Pradesh government and the Union Government . The Union Government's administration of the company is through the...
, a public sector undertaking that is a joint venture with Andhra Pradesh government
Government of Andhra Pradesh
Government of Andhra Pradesh is the government for the state of Andhra Pradesh in South India.It is an elected government with 294 MLAs elected to the legislative assembly for a 5 year term.-Executive:...
.
The Ministry of Coal also is in charge of administration of the Coal Mines Provident Fund Organization and Coal Mines Welfare Organization.