Country’s coal imports have declined 5 percent in 2016-2017 Q1
Q. India’s coal imports have fallen by what percent in the first two months of 2016-2017?- Published on 19 Jul 16a. 5
b. 6
c. 7
d. 5.5
ANSWER: 5
Country’s coal imports have fallen 5 percent in the first two months of 2016-2017 and the number is expected to reach 160.16 MT in the current fiscal.
- Trend of fall in import of coal has continued in 2016-2017 while for the period April-May 2016-2017, coal imports have lowered by 5 percent as against corresponding period of 2015.
- Import of coal is projected for 2016-2017 by Niti Aayog and is around 160.16 MT.
- Increased production by CIL produced around 80 percent of coal in the nation while the import of fossil fuel has fallen from 217.78 MT in 2014-2015 to 199.88 MT in 2015-2016.
- CIL has a blend of strategies for narrowing the domestic demand supply gap to address medium and short term imperatives and technological as well as HR related issues.