Coal India pays Rs 60,140 cr to govt exchequer
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New Delhi: State-owned Coal India Ltd’s contribution to the government exchequer increased by 6.4 per cent to Rs60,140.31 crore in FY24, over the financial year 2022-23. Coal India Ltd (CIL), which accounts for over 80 per cent of domestic coal output, paid Rs 56,524.11 crore to the government exchequer in FY23, according to provisional figures of the coal ministry.
Total levies paid to the government in March 2024 also went up by 14.8 per cent to Rs 6,069.18 crore from Rs 5,282.59 crore paid in the corresponding month of FY23. Of the total Rs 60,140.42 crore paid to the government exchequer in FY24, maximum amount of Rs 13,268.55 crore was made to the State government of Jharkhand, followed by Rs 12,836.20 crore to the Odisha.