
Coal production grew 10.8% in December
The Hindu
Coal despatched from pitheads to consuming industries rose 5.3% to almost 79 MT
India’s coal production increased by 10.8% in December 2022 to almost 83 million tonne (MT) from 74.8 MT a year earlier, with coal despatched from pitheads to consuming industries rising 5.28% to almost 79 MT.
As per provisional data from the Coal Ministry, December 2022 was the second straight month of double-digit growth in coal output. Production levels for the first nine months of 2022-23 were 16.4% higher at 608 MT, compared with 522.34 MT produced in the same period of 2021-22.
Coal production has a weightage of 10.33% in the Index of Core Industries (ICI), which in turn constitutes about 40% of the Index of Industrial Production (IIP).
Coal production growth had slowed from 12% in September to 3.7% in October when core sectors grew just 0.9% and the IIP showed a 4% decline in India’s factory output.
In November, coal was one of the three core sectors to record double-digit growth, with output rising 12.3%. electricity output grew 12.1% while cement production rose 28.6%, even as the eight core sectors recorded a 5.4% growth in November.
Coal despatches to power utilities increased by 4.26% to 65.65 MT during December 2022, the Ministry said.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












