Indian Steel Ministry Is Waiting For Policy To Make Steel Mandatory Projects

Asian Age reported that India steel ministry will soon seek Cabinet nod on a proposed policy which will make it mandatory to use locally manufactured steel for all infrastructure and construction projects of the government.

Steel Secretary Aruna Sharma told PTI that “The move is aimed at raising domestic steel consumption as India”s per capita steel usage at 61 kg is much lower than the global average of 208 kg. The Cabinet note on the proposed policy is ready and soon we will move the note for inter-ministerial consultations.”

Ms Sharma said that “The proposed policy aims at giving priority to steel made in India and value additions done in India.”

The government had earlier said it was mulling making domestic steel use binding for government projects. Steel Minister Chaudhary Birender Singh had earlier said during a meeting of the Parliamentary Consultative Committee told that “Talks are going on with the ministries concerned for introduction of policy to make it mandatory to use India-made steel for all infrastructure and construction projects of the government.”

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