Govt lags behind in utilizing coal cess
  • WebDesk BTVI
  • Aug 07 2019

It is reliably learnt that the corpus, created as the National Clean Energy Fund (NCEF), has not served the purpose. BTVI has learnt that approximately Rs 86,440 crore was collected FY11 to FY18 but only Rs 29,645 crore was transferred to NCEF and eventually, Rs 24,614 crore was allocated to various ministries. The PMO, BTVI has learnt, has asked for immediate action from the Inter Ministerial Group (IMG), currently chaired by the Finance Secretary. Shantanu Guha Ray gives more details.