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Rs 2,102.01 crore Royalty provided to coal mining states of India

BNE ADMIN


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New Delhi: On Monday, 9th August 2021, it was informed to the Indian Parliament that a total royalty of Rs 7,930.61 crore was provided to 10 states from coal mining during April-December 2020.

A royalty of Rs 2,102.01 crore was given to Jharkhand, followed by Rs 1,575.73 crore to Chhattisgarh, Rs 1,489.44 crore to Madhya Pradesh, and Rs 1,165.48 crore to Odisha, Coal Minister Pralhad Joshi said in a written reply to a question in the Rajya Sabha.

According to the previous data, the royalty of Rs 12,962.92 crore was paid to these states during 2019-20, Rs 14,746.11 crore during 2018-19, Rs 13,126.03 crore during 2017-18, Rs 11,227.14 crore during 2016-17, and Rs 10,736.7 crore during 2015-16, the minister informed.

The 10 states that were provided with royalty are Chhattisgarh, Jharkhand, Odisha, Madhya Pradesh, Maharashtra, Telangana, West Bengal, Assam, Uttar Pradesh, and Meghalaya.

The royalties are the payments received as a right based on the percentage of the minerals or other products produced at coal mines or of the revenues or profits generated from the sale of those minerals or other products at a mine.

BNE ADMIN