This article deals with the environmental hazards threatened by the Mahan coal block in the forest area and the repercussions faced by Greenpeace in their struggle to save the environment.
The Indian rupee has seen one of its worst times in the recent days, climbing to Rs. 65 per USD during the month of August 2013, up from only around Rs. 50/dollar in November 2012. It has created a chaotic situation in the country’s economy as the government and common man struggles to keep up with the expenses which just keeps rising everyday.
CIL was formed in the year 1975 by the Congress government headed by Indira Gandhi as a solution to the severely crippled coal industry. The Indian coal industry until 1975 was plagued with a number of issues like low productivity, lack of strategic planning, lack of funds, low-grade technology and lack of regulation.
Coal industry is an industry of high economic importance globally. The industry contributes to the economic development not only directly but also through the growth of many other industries where coal is the basic element like steel and power industries.