CBIC Opposes Coal,Steel, Gold Import Duty Hike | CNBC TV18





CBIC Opposes Coal,Steel, Gold Import Duty Hike | CNBC TV18



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Coal is the official state mineral of Kentucky.


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About: CBIC Opposes Coal,Steel, Gold Import Duty Hike | CNBC TV18


Is it CBIC or CBEC
Trade deficit of $50 billion plus with China is totally unacceptable and something has to be done to bring it to a manageable level. Instead of transferring billions of dollars to China year after year, India must explore alternatives even if we have to pay a little more to countries like South Korea and Taiwan. This deficit is not sustainable.


Coal stock


Coal is extracted from the ground by coal mining, either underground by shaft mining, or at ground level by open pit mining extraction.

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Coal is primarily used as a solid fuel to produce electricity and heat through combustion. World coal consumption was about 7.25 billion tonnes in 2010 The price of coal increased from around $30.00 per short ton in 2000 to around $150.00 per short ton as of September 2008. In early 2015, it was trading near $56/ton.