PM Modi launches auction process of 41 coal blocks for commercial mining

Published By : Admin | June 18, 2020 | 10:23 IST
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Prime Minister Shri Narendra Modi launched the auction process of 41 coal blocks for commercial mining through video conference from here today. It was part of the series of announcements made by the Government of India, under the AatmaNirbhar Bharat Abhiyan. The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two stage electronic auction process is being adopted for allocation of the coal mines.

Speaking on the occasion, Shri Narendra Modi said that India will overcome the COVID -19 Pandemic and the nation will turn this crisis into an opportunity. He said that this crisis has taught India the lesson of becoming AatmaNirbhar, i.e. Self-Reliant. He said an AatmaNirbhar Bharat means reducing dependency on imports, and saving foreign currency on imports. It entails that India develop resources domestically so that the country does not have to rely on imports. It also means becoming the biggest exporters of the commodities that we now import.

To achieve this, the PM said that each sector, each product, each service, should be kept in mind and worked holistically, to make India self-reliant in the particular area. He said a major step taken today will make India self reliant in the Energy sector. He said that this event marks not only the implementation of reforms concerning one Coal Mining Sector but also marks the beginning of lakhs of employment opportunities for the youth. He said that today we are not only launching the auction of commercial coal mining today but also freeing the coal sector from decades of lockdown.

He stressed the irony that India, with the world’s fourth largest coal reserve and being the second largest producer, is also the second largest coal importer. He said the situation has lasted for decades now and the coal sector was kept entangled in the mesh of Captive and Non Captive mines. He added that the sector was excluded from competition and transparency was a big problem. Owing to this, he said, the coal sector lacked investment and its efficiency was also questionable.

The Prime Minister said that in 2014, coal linkage was introduced to provide impetus to the coal sector. He said that India has taken a major decision to fully open the coal and mining sector for increased competition, capital, participation and technology. He added that care has been taken to ensure that the new players in the private mining sector do not face the problem of finance. He stressed that self-reliance is not possible without a strong mining and mineral sector as the two are important pillars of our economy.

The Prime Minister said that after these reforms, coal production and the entire coal sector will become self-reliant. Now the market has been opened for coal, so, any sector can buy coal as per their requirements. PM said, these reforms will not only benefit the coal sector but other sectors such as Steel, Aluminium, Fertilizers and Cement as well. It will also help in increasing the power generation.

PM said that reforms in the minerals sector have got strength from coal mining reforms since minerals like iron, bauxite and other minerals are located very close to the coal reserves. He said that the beginning of auction today for commercial coal mining is a win-win situation for all stakeholders Industries. State governments will get more revenue and a huge population of the country will get employment. There will be a positive impact on every sector.

While implementing coal reforms, PM said that it has been ensured that India’s commitment to protect the environment doesn’t get weakened. He added, “Latest technology can be introduced to make gas from coal and the environment will be protected with steps like coal gasification. Coal gas will be used in transport and cooking while Urea and steel will promote manufacturing industries.” The Prime Minister said that the Government has set a target to gasify around 100-million-ton coal by the year 2030 and four projects have been identified for this purpose and around 20 thousand crore rupees will be invested.

The Prime Minister said that these coal sector reforms will make eastern and central India, our tribal belt in, pillars of development. He added that These areas have a big number of Aspirational Districts and have not been able to reach the desired level of progress and prosperity. He said that 16 aspirational districts in the country have a huge stock of coal but people of these areas have not got adequate benefit of this. People from these places have to migrate to far-flung cities for employment.

The Prime Minister said that the steps taken towards commercial mining will be very helpful to eastern and central India by providing the local population with employment near their homes. He said that the Government has taken a decision to spend 50 thousand crore rupees on creating infrastructure for coal extraction and transportation, which will also create employment opportunities.

The Prime Minister said that reforms and investment in the coal sector will play a big role in easing the lives of tribals. Extra revenue generated through coal production will be used for public welfare schemes in the region. He said that states will also continue to get help from the District Mineral Fund, from which a major chunk would be utilized in development of essential facilities in the surrounding areas.

The Prime Minister said that this auction is taking place at a time when the economic activity is fast returning to normal. Consumption and demand are fast attaining the pre – Covid-19 levels. He listed the sectors where the demand was fast attaining pre-COVID 19 levels such as power consumption, demand for petroleum products, E way bills, Toll collection, Railway freight traffic, digital retail transactions.

He said that the rural economy has also started improving. He added that the crop area under Kharif cultivation and procurement of wheat has also increased this year. This means more money has gone into the pockets of farmers. All these indicators tell us that the Indian economy is ready to bounce back, and march forward.

The Prime Minister wished that India will come out of this crisis as it had come out of a much bigger crisis in the past. PM exuded confidence that India can become AatmaNirbhar and success and growth of India is certain. He also cited how few weeks ago how most of our demand for N-95 masks, Corona testing kits, PPE, and Ventilators were met by imports are now fulfilled through Make In India. He also expressed his confidence that very soon we will become an important exporter of medical products. He requested people to keep up their faith and morale so that we can make Aatmanirbhar Bharat. 

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India-Slovakia Joint Statement
June 15, 2026

At the invitation of His Excellency Robert Fico, Prime Minister of the Slovak Republic, His Excellency Shri Narendra Modi, Prime Minister of the Republic of India, paid a State Visit to the Slovak Republic on 15 June 2026.

The visit is the first by an Indian Prime Minister to Slovakia since its independence in 1993, marking a historic milestone and charting a new course in the enduring friendship between the two nations. Since the establishment of diplomatic relations in 1993, India and Slovakia have developed a traditional friendship and multifaceted cooperation based on trust, equality and mutual respect.

Building on the historic nature of this visit and their shared commitment to deepen bilateral cooperation, the Prime Minister of the Republic of India and the Prime Minister of the Slovak Republic agreed to elevate the relationship to a Comprehensive Partnership between the Republic of India and the Slovak Republic. The Comprehensive Partnership aims to take bilateral relations to a new level, strengthen existing cooperation mechanisms and explore new avenues for deepening cooperation, both bilaterally and multilaterally.

Recognising the growing geopolitical, economic and technological importance of the Indo-Pacific, the two leaders acknowledged the value of a stronger partnership between India and Slovakia in support of mutually beneficial cooperation, regional connectivity, open international trade, freedom of navigation, peaceful resolution of disputes and a rules-based international order.

Both leaders underscored the importance of regular high-level exchanges and sustained political dialogue, and agreed to enhance exchanges of delegations at all levels. The two sides also agreed to enhance parliamentary exchanges, contacts and cooperation with a view to promoting greater mutual understanding and sharing of legislative experiences and best practices.

The leaders reaffirmed their commitment to multilateralism, with the United Nations at its core, and to a rules-based international order, while supporting comprehensive reforms of multilateral institutions, including the United Nations, particularly the United Nations Security Council, to make them more representative, inclusive, effective and reflective of contemporary geopolitical realities. The leaders stressed on the urgent need to expand the UN Security Council in both permanent and non-permanent categories. In this context, India appreciated Slovakia’s continued support for India’s permanent membership in a reformed and expanded UN Security Council. The two leaders also agreed to continue consultations and coordination on their respective candidacies in international organisations and to exchange views and cooperate closely in global forums, including the United Nations. The two leaders also discussed the importance of upholding the global nonproliferation architecture. Slovakia reaffirmed its constructive approach to India’s membership of the Nuclear Suppliers Group.

The leaders agreed to support the development of cooperation with regional groupings such as the Slavkov 3, Visegrad 4 and 3 Seas Initiative, including interconnected and mutually beneficial infrastructure projects that promote connectivity, sustainable economic growth and regional integration. The two sides further reaffirmed their commitment to a free, open, peaceful and prosperous Indo-Pacific, based on respect for international law, sovereignty and territorial integrity, including the United Nations Convention on the Law of the Sea.

The leaders underscored the importance of strengthening defence and security cooperation as one of the key pillars of the bilateral partnership. They agreed to encourage regular consultations and exchanges between their respective defence authorities to explore opportunities for enhanced collaboration, including in defence technologies, capacity building, research and development, and defence industrial cooperation. In this context, the leaders welcomed the signing of the Letter of Intent on Defence Cooperation between the two sides, which will foster mutually beneficial partnerships in the defence sector.

The leaders recognised the growing importance of strengthening cooperation in disaster risk reduction and resilience-building and agreed to enhance collaboration in the areas of resilient infrastructure, capacity building, knowledge sharing and institutional cooperation.

The leaders agreed to strengthen cooperation in the protection of critical information infrastructure and in preventing and countering cybercrime, while promoting an open, secure, accessible, stable, interoperable, resilient and peaceful digital space. The leaders also expressed their commitment to supporting each other in safeguarding information technology systems against emerging quantum threats to cryptography, including through preparedness for post-quantum security transitions. In this context, they noted that such cooperation would be further facilitated by the Memorandum of Cooperation signed in the field of critical infrastructure protection and postquantum cryptography.

The two leaders unequivocally condemned terrorism in all its forms and manifestations, including cross-border terrorism, and strongly condemned the heinous terrorist attack perpetrated in Pahalgam, Jammu and Kashmir, on 22 April 2025. They agreed to establish a Joint Working Group on Counter- Terrorism. They called for concerted international efforts to combat terrorism in a comprehensive and sustained manner. The leaders reaffirmed their commitment to strengthening bilateral and multilateral cooperation in counterterrorism, including within the framework of the United Nations, and called for strong and decisive action against terrorists and terrorist entities, including those designated by the United Nations Security Council 1267 Sanctions Committee, as well as their affiliates, proxies, sponsors, financiers and supporters. They further underscored the importance of holding perpetrators, organisers and sponsors of terrorist acts accountable and agreed to work closely towards the early finalisation and adoption of the Comprehensive Convention on International Terrorism (CCIT) within the United Nations framework.

Welcoming the conclusion of negotiations on the India–EU Free Trade Agreement in January 2026 and the new Joint India–EU Comprehensive Strategic Agenda, the two leaders noted that the FTA will unlock new opportunities for trade and investment and called for its early signing and timely implementation to realise the full potential of trade and investment cooperation by diversifying critical value chains and opening new markets.

The leaders agreed to further strengthen the role of the India–Slovakia Joint Economic Committee in identifying and promoting high-potential areas of economic cooperation between the two countries. They also committed to exploring avenues to significantly enhance bilateral trade and two-way investment across sectors such as automotive, electronics and other advanced manufacturing industries, leveraging Slovakia’s well-developed industrial ecosystem and India’s scale, innovation ecosystem and technological capabilities, with a particular focus on high value-added collaboration.

The two sides agreed to strengthen bilateral cooperation to achieve netzero emissions, focusing on the exchange of technologies for the green energy transition and promoting clean, reliable and resilient energy systems.

The leaders agreed to enhance cooperation in the energy sector with a view to promoting energy security, sustainability and resilience through diversification of energy sources, including nuclear energy and geothermal power. They expressed their intent to deepen collaboration through joint research, exchange of expertise and capacity-building initiatives in areas of mutual interest.

The leaders agreed to strengthen cooperation in the fields of meteorology and hydrology, including through the sharing of expertise and best practices in the efficient and sustainable management of water resources and dam safety. They further expressed their intent to promote collaboration in areas such as source sustainability, rural drinking water quality monitoring, water treatment technologies, capacity building and community participation, and underscored the importance of developing climate-resilient rural drinking water infrastructure to enhance water security and ensure sustainable access to safe drinking water.

Recognising connectivity as a strategic pillar of the partnership, the two sides underscored the importance of promoting joint ventures, technology transfer, innovation and skills development in the automotive and railway sectors, with a view to enhancing competitiveness and generating new employment opportunities. They further noted the potential of Slovakia’s position as a Central European transport hub and India’s large-scale manufacturing capabilities to boost trade, investment and connectivity. They also encouraged exploring of direct air connectivity between India and Slovakia to facilitate growing economic, business and people-to-people exchanges.

The two leaders appreciated the successful outcomes of the AI Impact Summit 2026 in Delhi, attended by H.E. Mr Peter Pellegrini, President of the Slovak Republic. The two sides welcomed the signing of the Memorandum of Understanding on Digital Technologies, which will provide a structured framework for deepening cooperation in the digital domain. They agreed to further strengthen collaboration in emerging areas such as artificial intelligence, semiconductors, start-ups, innovation ecosystems, research institutions and technology companies, with a view to fostering innovation-led growth and mutually beneficial partnerships. The two sides also agreed to explore cooperation in new and emerging technologies, including 5G use cases, 6G standardisation, Internet of Things (IoT) and machine-to-machine (M2M) applications.

The two leaders agreed to explore opportunities to strengthen cooperation between their respective space ecosystems in the field of satellite technology and its applications. They also underscored the importance of fostering exchanges between scientific and research institutions, as well as industry stakeholders, to encourage innovation and the development of advanced space technologies.

The leaders highlighted the need to maintain regular dialogue and deepen cooperation in the field of healthcare, with particular emphasis on pharmaceutical research and development, digital health solutions and the strengthening of human resources for health. The two sides also underscored the importance of sharing best practices in public health management and leveraging digital technologies to build more resilient, efficient and patientcentric healthcare systems, consistent with their respective national priorities.

The two leaders agreed to encourage enhanced mobility of students, academics and researchers, with particular emphasis on STEM and humanities disciplines, in order to promote deeper educational and scientific exchanges. They took note of the existing arrangements and collaborations between higher education institutions of the two countries and encouraged their further expansion and diversification. The two sides also welcomed the conclusion of a Memorandum of Understanding between the respective Ministries of Education in the field of higher education and research, which would provide a structured framework for strengthening academic linkages and fostering long-term institutional partnerships.

The leaders agreed to further promote cultural exchanges, tourism and people-to-people contacts with a view to deepening mutual understanding and strengthening the bonds of friendship between the peoples of India and Slovakia. They emphasized the importance of expanding cultural cooperation through regular exchanges of artists and cultural troupes, the organisation of exhibitions and participation in festivals, as well as by encouraging greater tourism flows in both directions. The leaders also welcomed the signing of the Memorandum of Understanding on Audio-visual Creation, which will provide a structured framework for collaboration in film and media production and further enhance cultural connectivity between the two countries.

The leaders expressed support for the orderly, safe and legal mobility of skilled professionals. They took note of the Comprehensive Framework of Cooperation on Mobility agreed between India and the European Union in January 2026. They welcomed the signing of the Memorandum of Understanding on Cooperation in the Field of Labour Migration to facilitate mobility and promote the exchange of information between the relevant authorities of India and Slovakia. The two sides also agreed to work towards the early conclusion of a Social Security Agreement, which would contribute to safeguarding the welfare and social protection of working professionals engaged in mobility between India and Slovakia.

The leaders noted that cooperation on consular matters remained an area of continued interest to both countries, given the growing movement of people and expanding people-to-people ties. In this context, they agreed to establish a mechanism for regular consular consultations between their respective consular authorities to facilitate cooperation on consular matters.

The leaders agreed to regularly review the implementation of the Comprehensive Partnership at the appropriate functional level.

Both leaders agreed that the present visit represents a significant step forward in transforming this India-Slovakia relationship and committed to taking bilateral relations forward into a new phase of engagement.

The Prime Ministers welcomed the announcements made and the MoUs signed, which are available on the MEA website.

Prime Minister Modi thanked Prime Minister Fico and the people of Slovakia for the warm hospitality extended to him and his delegation. Both leaders agreed to maintain the momentum of high-level exchanges.