2024-11-24
Question
How much of its coking coal needs does India currently import?
Answer & Solution
Answer: (Detailed Solution Below)
Option C: 85%
Detailed Solution:
The correct answer is “85%”.
In Nov 2024, the NITI Aayog recommends including coking coal in India's critical minerals list due to its essential role in steel production and infrastructure development. Despite holding 16.5 billion tonnes of medium coking coal reserves, India imports 85% of its needs, costing ₹1.5 lakh crore in FY 2023-24.