Under the Corporate
Social Responsibility (CSR) Policy of Coal India Limited (CIL) 5% of the
retained earnings of previous year subject to minimum of 5/- per tonne
of coal production of previous year is allocated towards CSR fund. It
may be pertinent to note that the amount that remains unutilized out of
the allocated fund is added to the next year’s Budget. Hence, the entire
CSR fund shall be gainfully utilized.
The Medical College at Talcher is yet to be started, but actions have
already been initiated with the Government of Odisha for requisite
action towards forest clearance and subsequent acquisition of land by
MCL. Though opening of Medical College at Talcher is a popular demand of
the local people.
This information was given by the Minister of State of Coal, Shri Pratik
Prakashbapu Patil in written reply to a question in Rajya Sabha today.