national steel policy
SAIL enters 100 most-valued Indian firms list
The stock of SAIL increased to a nine year high of Rs 135.60 on the BSE. In the last six weeks, the stocks of SAIL has increased by 85%. It has entered the hundred most valued Indian firms list. SAIL ..
Month: Current Affairs - May, 2021
‘Specialty Steel’ included under the PLI Scheme
The Union Minister for Steel, Shri Dharmendra Pradhan, said in a written reply in Parliament that the Government has given its approval for inclusion of ‘Specialty Steel’ under the Production Linked Incentive (PLI) Scheme. Highlights For this purpose, a 5-year ..
Month: Current Affairs - February, 2021
Atal Tunnel: 9,000 tonnes of steel supplied by SAIL
On October 3, 2020, PM Modi is to inaugurate the Atal Tunnel, the world longest high-altitude tunnel. It is the world’s longest tunnel to be located above the altitude of 10,000 feet (3,000 feet). About the Tunnel The tunnel is ..
Month: Current Affairs - October, 2020
World Steel report: India’s steel output declined by 65%
On May 24, 2020, the World Steel Association released the World Steel Report. According to the report, the crude steel report of India declined by 65%. During April 2020, the steel output of India was 3.13 million tonnes. Highlights In ..
Month: Current Affairs - May, 2020
India Russia to sign MoU on Coking Coal
On May 7, 2020, Indian Petroleum Minister Shri Dharmendra Pradhan and Russian Energy Minister alexander Novak held a meeting through video conference. The ministers reviewed ongoing projects. Highlights The ministers emphasized on the cooperation in coking sector. They also held ..
Month: Current Affairs - May, 2020
Mission Purvodaya: India-Japan join hands to make Odisha a Steel Hub
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 ..
Month: Current Affairs - February, 2020
GoI to launch Purvodaya to accelerate Eastern India Development
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 ..
Month: Current Affairs - January, 2020
Union Cabinet Clears New National Steel Policy
The Union Cabinet has given its approval for National Steel Policy (NSP) 2017 to give impetus to the steel sector. The policy aims to enhance domestic steel consumption and transform Indian steel industry into a technologically advanced and globally competitive steel industry. ..
Month: Current Affairs - May, 2017
Draft steel policy anticipates Rs. 10 lakh crore investments
The Steel Ministry has released new draft National Steel Policy of 2017, envisaging to double India’s domestic steel production capacity to 300 million tonnes by 2030-31. The draft policy anticipates a requirement of Rs. 10 lakh crore of fresh investments ..