• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Monday, August 3, 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
india csr awards
ADVERTISEMENT

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.

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.

19th India CSR Leadership Summit 2026
ADVERTISEMENT

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)

Tags: Biraj PatnaikChhattisgarhCoal EconomyCoal PowerCoal Transition WorkerEnergy TransitionJharkhandMadhya PradeshNational Foundation for India (NFI)OdishaTelanganaWest Bengal
19th India CSR Leadership Summit 2026
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

FDI Easing in E-Commerce May Open Door to Wider Online Retail Liberalisation: GTRI
Economy

FDI Easing in E-Commerce May Open Door to Wider Online Retail Liberalisation: GTRI

July 23, 2026
Rugda Mushroom: Health Benefits
Agricultural

Rugda Mushroom: India’s Seasonal Forest Delicacy and Its Amazing Health Benefits

July 7, 2026
RBI to Conduct ₹1 Lakh Crore VRR Auction on Friday to Manage System Liquidity
Economy

RBI to Conduct ₹1 Lakh Crore VRR Auction on Friday to Manage System Liquidity

June 19, 2026
India’s Wholesale Inflation Hits 43-Month High of 9.68% in May; Fuel, Food and Manufacturing Costs Surge
Economy

India’s Wholesale Inflation Hits 43-Month High of 9.68% in May; Fuel, Food and Manufacturing Costs Surge

June 15, 2026
Rupee Volatility Driven by Global and Domestic Factors, Says Finance Minister Nirmala Sitharaman
Economy

Rupee Volatility Driven by Global and Domestic Factors, Says Finance Minister Nirmala Sitharaman

June 15, 2026
India's Imports of Russian Crude Oil and Other Fuels Rise to $6.7 Billion in May
Economy

India’s Imports of Russian Crude Oil and Other Fuels Rise to $6.7 Billion in May

June 14, 2026
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

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

CSR-Raigarh-Summit
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Haryana Retains Top Spot in SGST Collection Growth, Posts 31% Rise in FY27

नए आपराधिक कानूनों से डिजिटल न्याय व्यवस्था को मिलेगी नई गति: मुख्यमंत्री विष्णु देव साय

From Education to a Developed Chhattisgarh: CM Vishnu Deo Sai Shares Vision with NEET Achievers

President Bhavan Showcases Bastar’s Tribal Heritage as Cultural Delegation Meets President Murmu

राष्ट्रपति भवन में गूंजी बस्तर की जनजातीय संस्कृति, राष्ट्रपति द्रौपदी मुर्मु से मिला विशेष प्रतिनिधिमंडल

E20 Petrol Should Be Banned Until Technology Improves, Says Prakash Ambedkar

Rahul Gandhi Says Govt Owes Students Justice, Truth and Apology Over NEET Paper Leak

Gold Coast Films Launches Bharat Runway Tour to Showcase Indian Brands Globally

  • 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