Which mineral does NITI Aayog recommend including in India's critical minerals list due to its essential role in steel production and infrastructure development?

A)
Bauxite
B)
Coking Coal
C)
Iron Ore
D)
Thermal Coal

Correct Answer :   Coking Coal


Coking coal is crucial for steel production, accounting for 42% of steel production costs, and infrastructure development.

India's reliance on imports (85% of its coking coal needs) highlights the need to enhance domestic production.

The NITI Aayog's recommendation aligns with global trends, such as the European Union's declaration of coking coal as a critical raw material.

Including coking coal in the critical minerals, list will enable policy changes to leverage India's 16.5 billion tonnes of medium coking coal reserves and achieve self-reliance while adhering to Net Zero commitments by 2070.

Published On : November 24, 2024