The Indian Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a significant ₹37,500 crore incentive scheme aimed at promoting coal and lignite gasification projects. This initiative is part of India's strategy to enhance energy security and reduce reliance on imports of critical industrial feedstock and fuels. The government plans to gasify 100 million tonnes of coal by 2030, targeting a reduction in the import of liquefied natural gas (LNG), ammonia, methanol, and urea, which currently have high import levels. The scheme is expected to attract investments ranging from ₹2.5 lakh crore to ₹3 lakh crore across nearly 25 projects, generating around 50,000 direct and indirect jobs, particularly in coal-rich regions. Financial incentives will be provided to cover up to 20% of project costs, with a cap of ₹5,000 crore for individual projects. The initiative is designed to be technology-agnostic, encouraging the use of indigenous technologies. The approval comes amid rising concerns over energy security due to geopolitical tensions and global supply chain disruptions. Experts in the coal gasification industry have expressed optimism about the scheme's potential to create policy confidence and unlock large-scale investments, while emphasizing the importance of matching the right technology to India's unique coal characteristics.