Why share of contract workers is high in manufacturing.... Read On
Power companies in India have been unable to meet the domestic electricity demand on account of inadequate coal supplies from Coal India Ltd (CIL). The state-run mining giant has been unable to meet its production targets and the demand-supply gap has been widening. So much so that India's total import of coal jumped from 20 million tonnes (mt) in FY03 to 90 mt in FY12. What comes as an unpleasant surprise is that despite the shortage for domestic consumption, India has been exporting coal to several neighbouring countries. As per an article in Business Standard, in FY10 and FY11, coal exports shot up by 50% and 83% respectively. Today's chart of the day shows the value of coal exported to China, Bangalesh, Japan, Nepal and Bhutan. A certain government official has reportedly said that central government has no control over the usage of mineral reserves in Meghalaya and Nagaland, where the coal is rich in quality. Most of the coal exports are said to be occurring through Meghalaya.
Data source: Business Standard
This Chart Of The Day was published in The 5 Minute WrapUp - Is this the biggest land scam of India?
Why share of contract workers is high in manufacturing.... Read On
This Chart highlights how India is still the 5th most attractive retail market amongst emerging nations... Read On
This Chart shows the penalties impose by CCI on major Indian cement companies.... Read On
This Chart shows that the growth rates for digital media have been higher than other forms in recent years.... Read On
This Chart highlights how Asia has now has the world's highest number of millionaires.... Read On
This Chart shows that Canada and China account for larger chunk of US home sales to foreigners... Read On
This Chart shows that China's oil consumption was the highest in 2011... Read On
This Chart shows that at 221, Air India has the highest employees per aircraft ratio, indicating highly inefficient operations.... Read On
This chart shows that India's GDP growth in Q1, 2012 was still better than a lot of its peers... Read On
This chart shows that consumer prices are expected to grow much faster than wages in Italy... Read On
Equitymaster requests your view! Post a comment on "Despite shortage, India exports coal". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!