Question : Closure of Mines

(a) whether the Government is seeking the assistance of the World Bank for the closure of mines;
(b) if so, whether this includes financial assistance, and if so, the details thereof; and
(c) whether the Government had sought the assistance of the World Bank for coal related projects in the past and if so, the details thereof?

Answer given by the minister

THE MINISTER OF MINES, COAL AND PARLIAMENTARY AFFAIRS
(SHRI PRALHAD JOSHI)

(a): Yes, Sir. Ministry of Coal has informed that the Ministry is in receipt of a proposal from World Bank for rendering assistance in handling of mine closure cases on principles of just transition. The said proposal is under consideration at Ministry of Coal.

(b): As per the information received from Ministry of Coal, World Bank has proposed for technical assistance of 16.15 million USD as grant and concessional financing of USD 1 billion as loan.

(c): Ministry of Coal has informed that the Ministry had not sought any assistance from World Bank during last 5 years period for such proposals.

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