Govt sets up joint task force to ramp up steel demand
The Dollar Business Bureau The government has set up joint task forces with representatives from road, transport and highways ministries to examine possibilities to boost steel demand in the country. "Joint task forces covering railways, urban development, Ministry of Shipping, Road Transport and Highways etc have been constituted comprising representatives from ministries concerned and their agencies to assess the possibilities of boosting demand of steel," Minister of State for Steel Vishnu Deo Sai informed the parliament in a written reply to the Lok Sabha. “The scope of these committees inter-alia covers codes and standards, life cycle cost analysis, development of designs of various structures and other suitable measures,” Deo said. Steel Minister Chaudhary Birender Singh had earlier noted that steel demand is projected to ...
Centre mulls to make steel industry globally competent
The Dollar Business Bureau The Government of India (GoI), which acts as a facilitator and coordinator in dealing with the steel industry, has taken few steps in order to make the deregulated Indian steel sector globally competent. This was informed by the Minister of State for Steel, Vishnu Deo Sai, in his reply to Lok Sabha on Monday. In this regard, the Minister informed that an Inter-Ministerial Group has been set up in the Ministry of Steel, in order to expedite the process of clearances and facilitate the faster implementation of investment projects in the steel industry, which would boost the steel production of the country. Aimed at increasing domestic value addition and to further improve iron ore availability ...
Centres stand on imports irks steel manufacturers
The Dollar Business Bureau The Government of India not acting against growing steel dumping into the country has been irking the Indian domestic steel makers since a long time. Even after facing strong demands from the domestic steel makers to act against steel imports into the country, the Indian government is still mulling on whether to impose ban on steel imports from China or not. According to reports, steel manufacturers were not happy with a reply given by the Indian Minister of State for Steel and Mines, Vishnu Deo Sai on Wednesday, to a question in Rajya Sabha, on whether the Indian government was contemplating a ban on steel imports from China to give respite to Indian producers. However, the ...
