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India’s Coal Phasedown Needs a Balanced Socio-economic Framework

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India’s Coal Phasedown Needs a Balanced Socio-economic Framework - The Diplomat

Quick Summary:

A people-centric transition of coal mine workers needs timely reskilling, training, relocation and rehabilitation as part of India's transition to clean energy.

India still relies on the labor-intensive coal sector and coal-based thermal power plants to meet most of its electricity demand for sustaining its economic growth.In 2023-24, 997.826 million tonnes of raw coal was mined in India.

At the current state, the coal phasedown and its subsequent substitution by the renewable energy sector will have to be delayed a little further beyond 2040 to reduce the potential macroeconomic welfare losses that might emerge from an immediate phasedown.

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Article Details

Author / Journalist: Anvesha Adhikari, Navya, Anjali Goyal, Anandajit Goswami and Vaibhav Chowdhary

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 22:17:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2832 words

Reading Time: 16 minutes read

Sentences: 112 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 27923167

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Main Topics: Economy

Official Website: thediplomat.com

Update Frequency: 2 posts per day

Year Established: 2001

Headquarters: United States

News Last Updated: 22 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #70

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  • URL: https://chronographically.beamstart.com/news/indias-coal-phasedown-needs-a-17447298167459

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