Govt plans to install 300 mn tonnes of steel capacity by 2030, says steel minister

Chaudhary Birender Singh says SAIL is at par with any other international steel enterprise

GN Bureau | June 13, 2018


#Chaudhary Birender Singh   #Steel   #National Steel Policy   #SAIL   #PSU  
Chaudhary Birender Singh says SAIL is at par with any other international steel enterprise
 
Union minister of steel Chaudhary Birender Singh has said that SAIL is a major contributor of the country’s steel production industry and is foremost in terms of production technology. Singh recently visited SAIL’s Rourkela Steel Plant where he dedicated rebuilt Blast Furnace-1 ‘Parvati’ to the nation.
 
Earlier, Singh had laid the foundation stone of the burns and plastic surgery department of super specialty block at Ispat General Hospital.
This unit will cater to the needs of people in Rourkela and neighboring districts. 
 
Singh said, “Steel production in the country has reached three digit numbers for the first time in history, notching up 102 million tons in 2017-18. It has been one of the major achievements in the last four years. India has surpassed Japan as the second largest steel producer globally and has also become a net exporter of steel in the last two years. The rated steel production capacity has reached a level of 134 million tons, an increase of 32 percent in the last four years,” he said, adding that at present the steel industry contributes 2 percent to the country’s GDP.
 

Elaborating about the National Steel Policy (NSP) he said, “As per the policy, we plan to install 300 million tons of steel capacity by 2030. The capacity addition at SAIL’s Rourkela Steel Plant will be a step towards realizing of this aspiration. We also plan to double RSP’s capacity to 8.2 million tons.” 

Comments

 

Other News

Report of India’s G20 Task Force on Digital Public Infrastructure released

The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development’ was released in New Delhi on Monday. The Task Force was led by the

How the Great War of Mahabharata was actually a world war

Mahabharata: A World War By Gaurang Damani Sanganak Prakashan, 317 pages, Rs 300 Gaurang Damani, a Mumbai-based el

Budget expectations, from job creation to tax reforms…

With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget presented in February was a typical vote-on-accounts, allowing the outgoing government to manage expenses in

How to transform rural landscapes, design 5G intelligent villages

Futuristic technologies such as 5G are already here. While urban users are reaping their benefits, these technologies also have a potential to transform rural areas. How to unleash that potential is the question. That was the focus of a workshop – “Transforming Rural Landscape:

PM Modi visits Rosatom Pavilion at VDNKh in Moscow

Prime minister Narendra Modi, accompanied by president Vladimir Putin, visited the All Russian Exhibition Centre, VDNKh, in Moscow Tuesday. The two leaders toured the Rosatom Pavilion at VDNKh. The Rosatom pavilion, inaugurated in November 2023, is one of the largest exhibitions on the histo

Let us pledge to do what we can for environment: President

President Droupadi Murmu on Monday morning spent some time at the sea beach of the holy city of Puri, a day after participating in the annual Rath Yatra. Later she penned her thoughts about the experience of being in close commune with nature. In a message posted on X, she said:

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter