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The Union Budget for 2026-27 has provided for a Budgetary allocation of ₹3,635 crore for the Ministry of Coal, a whopping 640 per cent increase over the ₹490 crore Revised Estimate (RE) 2025-26 provided in the Expenditure Budget document for 2026-27.
The allocation for 2025-26 for the ministry was at ₹501 crore, according to the document. It noted that the total allocation for the demand in RE 2025-26 is ₹1,240 crore and in BE 2026-27 is ₹4,390 crore.
The additional allocation of ₹750 crore and ₹755 crore in RE 2025-26 and BE 2026-27, respectively, is being met from the balances available under National Mineral Exploration Trust Fund. This amount will be utilised under the scheme Exploration of Coal and Lignite, added the document.
The Economic Survey, tabled in Parliament on 28 January 2026, by Finance Minister Nirmala Sitharaman, noted with the fifth-largest coal reserves and as the second-largest consumer, coal remains crucial, contributing 55 per cent to the national energy mix and fuelling over 74 per cent of total power generation.
It added that India’s coal industry reached historic heights in FY25, producing 1,047.52 million tonnes (MT) of coal — a 4.98 per cent increase from the previous year’s 997.83 MT. This represents the highest coal production the country has ever achieved, demonstrating the industry’s impressive growth and importance to India’s energy needs.
“The total coal supply surged by 5.38 per cent, reaching 1,025.33 MT in FY25. Driven by this strong domestic output, imports registered a significant 7.9 per cent decline, falling from 264.53 MT in FY24 to 243.62 MT in FY25. Furthermore, the ratio of domestic production to consumption has also steadily improved over the past decade, as production growth has consistently outpaced consumption growth,” the Survey added.
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