Current Affairs - National - Discussion
Discussion Forum : National - Latest Current Affairs (Q.No. 309)
309.
Which mineral does NITI Aayog recommend including in India's critical minerals list due to its essential role in steel production and infrastructure development?
Answer: Option
Explanation:
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.
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