Pramod Agarwal said that if Coal India does not increase the price of coal, it may cause many problems. are He said that the target of producing one billion tonnes of coal by 2025-26 has definitely been achieved.
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However, it is not so easy for Coal India to increase the price of coal this year. Lok Sabha elections are going to be held in the next year 2024. The increase in coal price means that this decision will affect the price of many industries including energy, cement, due to which inflation is likely to increase. In such a situation, there is apprehension about whether the central government will give the green signal to increase the price of coal or not. A slight decline of 2.39 percent has been registered in the share of Coal India. Shares of Coal India are trading at Rs 216.35, down by Rs 5.35 on the stock exchange.