GK and monthly revision

MoSPI releases discussion paper to identify apt method to compile coal monetary asset accounts

The Ministry of Statistics and Programme Implementation (MoSPI) of India has released a discussion paper focused on the monetary valuation of coal assets, in accordance with UN environmental accounting standards. This initiative is significant as it aims to provide essential data for effective policymaking and sustainable development by evaluating the economic value and depletion costs of coal resources. Furthermore, the paper includes physical coal accounts, emphasizing India's substantial coal production and its critical contribution to energy security and industrial growth.