Coal India steps into its 50th year
On 1 November 2024, Coal India Limited stepped into its 50th year; it came into being on 1 November 1975 and produced 773.6 MT in FY 2024.
Summary
On 1 November 2024, state-owned Coal India Limited (CIL) stepped into its 50th year. CIL came into being on 1 November 1975 as an apex holding company of the nationalised coking coal (1971) and non-coking coal (1973) mines. Its production grew from 89 million tonnes (MT) in 1975-76 to 773.6 MT in FY 2024, an 8.7-fold rise, while its workforce fell from 6.75 lakh in the early years of nationalisation to 2.25 lakh.
Key facts
- Milestone
- Entered 50th year on 1 Nov 2024
- Formed
- 1 Nov 1975, apex holding company of nationalised mines
- Production
- 89 MT (1975-76) → 773.6 MT (FY 2024), 8.7-fold
- Employees
- 6.75 lakh → 2.25 lakh
Practice MCQs 2 questions
On which date did Coal India Limited come into being?
Show answer
Correct answer: A — 1 November 1975
PIB (Coal): CIL came into being on 1 November 1975 as an apex holding company of the nationalised coking and non-coking coal mines.
What was Coal India Limited's coal output in FY 2024?
Show answer
Correct answer: D — 773.6 MT
PIB (Coal): CIL ended FY 2024 with 773.6 MT output, an 8.7-fold growth over 89 MT in 1975-76.