Ministry of Steel: Current Affairs, GK & News - 2020-2021

Corona Virus: NMDC reduced iron ore prices by 1.5%

Published: March 16, 2020

On March 16, 2020, the National Mineral Development Corporation announced that the prices of iron ore is to be reduced by 1.5%. The Corporation is taking such measures predicting decline in iron ore demands due to the threats of Corona virus. Highlights The steel prices in India reduced in 2019 due to economic slowdown. The ..

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Mission Purvodaya: India-Japan join hands to make Odisha a Steel Hub

Published: February 29, 2020

On February 28, 2020, the Union Minister of Steel announced at a workshop organized by Confederation of Indian Industries (CII) that GoI is to make Odisha the steel hub of India. This is to be achieved by the Government with the help of Japan. Highlights Odisha has been selected to establish steel hub due to ..

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Consultative Committee meeting for steel ministry

Published: February 26, 2020

A consultative committee meeting of MPs for the ministry of steel was organised in February to discuss ‘Steel Cluster Development’. Which ministry constitutes the consultative committee? Consultative committee is constituted by the ministry of parliamentary affairs. These committees are attached to various ministries. These committees are forums for discussions between the members of parliament and ..

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GoI to launch Purvodaya to accelerate Eastern India Development

Published: January 11, 2020

On January 10, 2020, the Ministry of Steel announced that it will launch “Purvodaya”, a world class steel hub. The hub aims at an accelerated development programme of eastern states. The Ministry will be joined by CII (Confederation of India Industries) in the implementation of “Purvodaya”. Highlights The initiative aims at developing the eastern states ..

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What is Ispati Irada?

Published: December 17, 2019

Ispati Irada is a collaborative branding campaign launched by the Ministry of Steel during a Chintan Shivir organized on 23rd September 2019 by the Ministry. Ispati Irada campaign is launched for understanding the important role that the core sector of the steel industry can play in realizing Prime Minister Narendra Modi’s vision of $5 Trillion ..

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