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National Coal Index

  Feb 24, 2021

National Coal Index

Q. Why is this in news? 

Recently, the Ministry of Coal has started commercial auction of coal mines on a revenue share basis using the National Coal Index (NCI).

Q. What about the national coal index? 

Q. What is its compilation? 

Q. What about its Sub-Indices?

NCI is composed of a set of five sub-indices:

Coal

Coking Coal:

Non Coking Coal:

Q. What is its use? 

Coal is also classified into four ranks: anthracite, bituminous, subbituminous, and lignite. The ranking depends on the types and amounts of carbon the coal contains and on the amount of heat energy the coal can produce.