The Minister of Steel & Petroleum and Natural Gas Shri Dharmendra Pradhan has appealed to Steel industry leaders to work with transparent policies and generate employment opportunities to strengthen the country in making Atmanirbhar. He further stated that with a bouquet of policy reforms, government aims to provide a level-playing field to the industries for wealth creation. Well-laid processes and policy ...
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Steps to facilitate the reduction of Steel imports
Government has taken following steps to facilitate the reduction of Steel imports,:- (i) Steel Import Monitoring System (SIMS) for advance registration of steel imports. The objective is to help the Government and industry to identify the exact steel grades being imported into the country in order to plan domestic manufacturing, besides advance information about any surge in imports. (ii) Issuance ...
Read More »Production Capacity of Steel Plants
The details of steel plants in the country, along with their capacity, production and capacity utilisation, during April-July, 2020 are given at Annexure-I. Steel is a deregulated sector. The Government lays down the policy guidelines and establishes the institutional mechanism/structure for creating conducive environment for improving efficiency and performance of the steel sector. Annexure I State-Wise Details on Crude Steel for ...
Read More »Production of Sail
Steel Authority of India Limited (SAIL) had undertaken Modernization and Expansion of its five Integrated Steel Plants at Bhilai (Chhattisgarh), Bokaro (Jharkhand), Rourkela (Odisha), Durgapur (West Bengal), Burnpur (West Bengal) and Special Steel Plant at Salem (Tamil Nadu) to enhance its Crude Steel capacity from 12.8 Million Tonne Per Annum (MTPA) to 21.4 MTPA. The Modernization and Expansion at the ...
Read More »158 lakh MT steel to be consumed in construction of houses sanctioned under PMAY(U): Hardeep Singh Puri
About 158 lakh Metric Tonne steel and 692 lakh Metric Tonne cementis likely to be consumed in construction of all the houses sanctioned under PMAY(U) as per estimates, said Shri Hardeep Singh Puri, MoS, I/C, MoHUA and MoCA. Addressing a webinar on Atmanirbhar Bharat: Fostering Steel Usage in Housing & Construction and Aviation Sector, the Minister said that nearly 84 lakh MT steel and 370 lakh MT cementwould ...
Read More »Shri Dharmendra Pradhan appeals to steel industry leaders to partner with the Government in providing low-cost housing for migrant labourers
The Minister of Steel & Petroleum and Natural Gas Shri Dharmendra Pradhan has appealed to Steel industry leaders to partner with the Government in providing low-cost housing for migrant labourers. Speaking as the Chief guest at a Webinar on ‘Atmanirbhar Bharat: Fostering Steel Usage in Housing & Construction and Aviation Sector” here today, he referred to the Ministryof Housing and ...
Read More »Ministry of Steel to organize a Webinar on Aatmanirbhar Bharat: Fostering Steel Usage in Housing & Building Construction and Aviation Sectors
Ministry of Steel, in association with Confederation of Indian Industry (CII), is organizing a digital Seminar on ‘Aatmanirbhar Bharat: Fostering Steel Usage in Housing & Building Construction and Aviation Sectors’ with Ministries of Housing and Urban Affairs, and Civil Aviation on August 18, 2020. The Webinar will enhance awareness of steel usage in Construction & Infrastructure development sectors and bridge ...
Read More »CPSEs under the Ministry of Steel Pay Tax Dues under Vivad Se Vishwas scheme
Several Central Public Sector Enterprises (CPSEs) under the Ministry of Steel have made payment of due tax to the government under Vivad Se Vishwas scheme by 31st March 2020. Government initiated Vivad Se Vishwas scheme with the objective of reducing income tax pending litigation, generate timely revenues for the Government and help taxpayers to end their tax disputes with the department by paying disputed ...
Read More »Environment friendly Production of Steel
The Indian steel industry has over the years, undertaken cost effective and environment friendly production of steel through adoption of state-of-the-art technologies and research. The Indian steel industry is addressing the energy & environment issues through the adoption of energy efficient & environment friendly technologies in the plants through technological upgradation/modernisation/expansion. These measures undertaken by the Indian steel industry have ...
Read More »977 Steel Plants in the country
The total number of steel plants in the country is 977. In the public sector, work is currently going on in NMDC Steel Plant in Nagarnar, Chhattisgarh which is a Greenfield steel plant. Steel is a deregulated sector where market forces and commercial considerations decide construction of new steel plants. The import of steel has increased marginally in the last ...
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Indian Industry Plus A Pratisrutiplus Suppliment