• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Sunday, February 15, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Economy

Over 13mn dependent on coal economy in India: Study

by Economy India
November 23, 2021
Reading Time: 3 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

It has been reported That The A study to assess the ‘Socio-economic impacts of coal transition in India’ released on Monday has said that at a conservative estimate, more than 13 million people are employed in coal mining, transport, power, sponge iron, steel, and bricks sectors will be impacted due to the impending coal transition.

The transition out of coal will have the highest impact on the people in the states of Jharkhand, Chhattisgarh, Odisha, West Bengal, Madhya Pradesh, and Telangana, the study by the National Foundation for India (NFI), a think tank, and launched by Secretary, Ministry of Coal, Anil Jain, the company said.

ADVERTISEMENT

Coal Power

The coal transition that formed the basis of the study is with reference to India’s agreement at the recently concluded COP26 at Glasgow to a clause in the ‘Glasgow Climate Pact’ that calls for a phase down of unabated coal power while recognising the need for support towards just transitions.

The Pact also recognised that there is a need for accelerated action in this critical decade, on the basis of the best available scientific knowledge and equity, reflecting common but differentiated responsibilities and respective capabilities in the light of different national circumstances and in the context of sustainable development and efforts to eradicate poverty.

Coal Transition Worker

“I really liked the idea of defining a coal transition worker that NFI introduces in their research. We need to identify the people, whose lives and careers will be impacted when the transition happens, such that there is some quantification and targeting. It will give relief to local people and bring unions on board. Hence, it is not just a number but lives, which are in focus for this international (Glasgow) agreement. This will help in quantifying the magnitude of the problem in many senses,” Jain said as he launched the study.

Stating that the transition out of coal will have the highest impact on the people in the states of Jharkhand, Chhattisgarh, Odisha, West Bengal, Madhya Pradesh, and Telangana, the Study said, at least half of all the districts in Jharkhand (15) and West Bengal (11), 30 percent of districts in Odisha and Chhattisgarh (nine) will be impacted in the next 30-50 years when India slowly phases out coal, the company said.

Phasing out of coal in these districts will have political, social, economic, and financial consequences, especially for communities where coal mining has been a way of life for the past 200 years.

Energy Transition

Executive Director NFI, Biraj Patnaik, said: “Some of India’s most marginalised communities have suffered from the resource curse for close to a century. As we move towards a more climate resilient future, we must make sure they do not suffer the double whammy of an energy transition that leaves them behind yet again. Our report from the Phase I of our work on climate change tells us that India has to develop its own idiom and approach to climate change and just transition.”

The NFI study assessed there are 135 districts in India that have two or more assets dependent on coal, i.e., a coal mine, thermal power plant, sponge iron plant or a steel plant which are vulnerable to a coal phase down.

Jain said, India needs to prepare its economy, its workforce, and its communities for a post-coal future and “that planning needs to begin today”. (Etenergyworld)

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Tags: Biraj PatnaikChhattisgarhCoal EconomyCoal PowerCoal Transition WorkerEnergy TransitionJharkhandMadhya PradeshNational Foundation for India (NFI)OdishaTelanganaWest Bengal
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

India Contributes 16% to Global Growth, Emerging as New Engine of World Economy: PM Modi
Economy

India Contributes 16% to Global Growth, Emerging as New Engine of World Economy: PM Modi

February 14, 2026
India-US Joint Statement Remains Basis for Interim Trade Agreement: What It Means and Why It Matters
Economy

India-US Joint Statement Remains Basis for Interim Trade Agreement: What It Means and Why It Matters

February 13, 2026
India–US Trade Pact Opens $118 Billion Textile Market for Indian Exports, Says Government
Economy

India–US Trade Pact Opens $118 Billion Textile Market for Indian Exports, Says Government

February 7, 2026
Interim Trade Agreement with US to Boost ‘Make in India’, Create Jobs: PM Modi
Economy

Interim Trade Agreement with US to Boost ‘Make in India’, Create Jobs: PM Modi

February 7, 2026
RBI Survey: India’s GDP Growth Likely at 6.5–6.9% in FY 2026–27
Economy

RBI Survey: India’s GDP Growth Likely at 6.5–6.9% in FY 2026–27

February 7, 2026
India’s Growth Story Remains Strong: Budget 2026-27 Projects Robust GDP Expansion, Fiscal Consolidation
Economy

India’s Growth Story Remains Strong: Budget 2026-27 Projects Robust GDP Expansion, Fiscal Consolidation

February 1, 2026
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

Goldman Sachs sees India's GDP at 9.1% in 2022 driven by consumption

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Supreme Court Seeks FSSAI Response on Front-of-Pack Labelling for Packaged Foods

Cabinet Clears ₹10,000 Crore Startup India Fund of Funds 2.0 to Boost Venture Capital Ecosystem

Govt. Cheating Cotton Farmers, Textile Exporters Over India–US Trade Deal: Rahul Gandhi

ULI India Annual Conference 2026 to Bring Global Urban Leadership to Mumbai for Dialogue on the Future of Indian Cities

भारत बंद का असर: बैंकिंग सेवाएं प्रभावित होने की आशंका, 5-डे वर्क वीक की मांग पर हड़ताल

Indian National Pleads Guilty in US Murder-for-Hire Case Involving Sikh Extremist

Ixigo Acquires Majority Stake in Spain’s Trenes for ₹125 Crore, Marks First Major Global Expansion

PM Witnesses Special IAF Aerial Show at Emergency Landing Facility in Assam

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved