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Coal continues to be the mainstay of power in India: Piyush Goyal

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NewsGram Staff Writer

New Delhi: Claiming on Tuesday that India would be a country of largely modern and efficient coal based plants by 2030, Power Minister Piyush Goyal on Tuesday expressed confidence that the world would appreciate India’s dedication towards climate change and the Intended Nationally Determined Contributions (INDCs) which are likely to be announced on October 2.

“We are conscious about our duties towards the environment. On October 2, India possibly will declare its INDC. I believe the world would be pleased to look at our contributions,” Goyal said here at a function organised by Brooklyn India.

All the countries are required to submit their INDCs on or before October 1, as the crucial 21st session of the conference of the parties (CoP-21) on climate change is to be held in Paris from November 30 to December 11.

The conference needs to achieve a new international agreement on climate, applicable to all countries, with the aim of keeping global warming below 2 degrees Celsius.

Goyal said “polluter pay principle” should be adopted in the world and the countries which were “hugely responsible” for the current situation should contribute towards cleaning of the environment.

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“We have not seen the credible affirmative action from the west in this respect,” he said, adding despite this, India would move towards protecting the climate with cleaner environment being the central point of the ministries of power, coal and new and renewable energy.

India was not a large pollution generating country as compared to the developed world, the minister said, adding even the energy consumption was far less as against the economically strong countries.

However, he said coal would continue to be the mainstay of power in India but the pollution level can significantly be kept low with innovative technologies and thrust on renewable energy.

Public sector Coal India Limited would produce one billion tonnes of coal by 2019-20, he said, adding that the government was committed to set up ‘washeries’ on a massive scale to wash 250 million tonnes of coal in next three years.

Goyal informed that his ministry was framing a policy to liberalize coal linkages within infrastructure companies which will help bring down power cost.

(With inputs from IANS)

 

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Finance Minister Appeals To Insist On Bill For Every Purchase

the government would start a three-digit consumer helpline number

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Finance Minister Appeals To Insist On Bill For Every Purchase
Finance Minister Appeals To Insist On Bill For Every Purchase. Flickr

Seeking consumers’ participation in curbing tax evasion, Finance Minister Piyush Goyal on the eve of completion of one year of GST rollout on Saturday appealed to them to insist on bill for every purchase saying it would help the government check evasion and reduce tax rate on each item by as much as 4-5 per cent. He further said the government would start a three-digit consumer helpline number to enable them to lodge complaint against erring traders or any other kind of tax evasion.

Touted as the biggest indirect tax reform since Independence, the Goods and Services Tax (GST) was rolled out last year on July 1. “I want to appeal to the people that they should demand a bill whenever they go to purchase any goods. If you start asking for a bill…if there’s awareness about this, then we can reduce rates by 4-5 per cent for every item (under GST),” Goyal told reporters here.

He said if any shop says that they will sell at a lower price if the consumer does not demand a bill, then the consumer should immediately file a complaint, he said. “We will soon provide a three-digit simple number which will work as a call centre where customers can complain. We will ensure full confidentiality of the complainant,” Goyal said. The endeavour will be to start the helpline number within 15-20 days, he said. A nationwide campaign too could be launched for creating consumer awareness about demanding bills for purchases made. “If everyone starts giving bill then competition will be on quality and customer service and not on ability to cheat the system,” Goyal said. He further said the government wants to reduce the burden of taxation on consumers but revenue needs to increase and support of states is also needed to cut rates where it is essential.

bills
bills owing. Flickr

With formalisation of economy, the government will have more elbow room to reduce rates, he said.

Also read: Out of Total Tax Fine of $15 billion, Apple Pays $1.77 billion to Irish Government

Goyal also assured small businesses if they face any trouble, then they can write to him and it would be resolved. He said amendments would be introduced to the GST law in monsoon session to increase composition scheme threshold from the current Rs 1 crore. The GST Council had last year decided to increase the threshold to Rs 1.5 crore and also decided to amend the law to increase the statutory threshold to Rs 2 crore. (IANS)