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India targeting a 300 million tonnes a year steel production capacity by 2030-31

Bhubaneswar:16/6/17; With India targeting a 300 million tonnes a year steel production capacity by 2030-31, Union Steel Minister Chaudhary Birender Singh on Friday said the focus would be on domestic consumption and making the sector globally competitive.

Singh said his ministry has identified construction and manufacturing sectors like rural development, urban infrastructure, roads and highways, and railways for maximum consumption of steel.

“The government has made a budgetary allocation of Rs 4 lakh crore for infrastructure this year. We have to ensure that the maximum steel produced in the country is used domestically,” said the Minister, who chaired a second meeting of the National Steel Consumers’ Council here.

In order to increase domestic consumption, he said exhibitions would be organised across the country in August where public sector undertakings and other stakeholders would be asked to showcase their products.

The Minister said the new Steel Policy seeks to increase per capita steel consumption to 160 kg by 2030 from the existing around 64 kg.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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