national steel policy: Current Affairs, GK & News - 2020-2021

Union Cabinet Clears New National Steel Policy

Published: May 4, 2017

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. The new policy favours the domestic manufacturers. Key features Policy aims to create self-sufficiency in ..

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Draft steel policy anticipates Rs. 10 lakh crore investments

Published: January 23, 2017

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 to meet production goal and expects creation of at least 11 lakh new jobs in ..

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