Jharkhand has outlined a long-term plan to shift its economy from coal dependence to clean industry, estimating a funding need of $256 billion (₹21.52 lakh crore) through 2070. Developed with the Institute for Energy Economics and Financial Analysis (IEEFA), the roadmap details a phased transition covering mine closure, worker support, industrial diversification and large-scale climate finance mobilisation.

Coal contributes almost one-third of Jharkhand’s own tax revenue. With India pursuing net-zero emissions by 2070, the state faces the challenge of protecting its fiscal base and livelihoods while preparing for a low-carbon economy. Officials say planning ahead is essential to avoid a sudden economic disruption as demand patterns evolve and coal-linked revenue declines over time.

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