Steel Minister Virbhadra Singh visits international trade fair
New Delhi: Union Minister for Steel Mr. Virbhadra Singh visited the Steel Pavilion in IITF-2009 today. Those who have put up stalls in the ‘Steel Pavilion’ include Public Sector Undertakings SAIL, RINL, NMDC, MOIL, MECON Ltd, KIOCL, HSCL, MSTC and FSNL as well major private sector steel producers like TATA Steel, ESSAR and Jindal Steel & Power Ltd, and organisations under the Ministry like Joint Plant Committee (JPC), UNDP/GEF Project (Steel) and Institute for Steel Development and Growth (INSDAG).
Speaking on the occasion, Singh gave details of the steps being taken by the Ministry to fast-track the growth and development of the iron & steel industry in the country He explained how several initiatives are resulting in harmonisation of policies in respect of production, pricing, distribution, import and export of iron & steel, Ferro alloys and refractories Singh elaborated on the steps being taken for promoting the inflow of speedy investments in the steel sector, fast-tracking clearances of projects and strengthening the delivery chain, particularly in rural areas.
The State Minister said despite soaring input prices, fluctuating market and the world economy in a state of flux, the Indian steel sector has remained buoyant The various timely measures taken by the Government has helped the steel industry bounce back from the shadow of economic slowdown and record an impressive growth in steel production and consumption during the first two quarters of the current financial year It is a great achievement that India attained third position in world steel production during the period January to September 2009.
Similar Posts:
- Virbhadra Singh takes charge as Steel Minister
- Virbhadra asks NMDC to have a relook at pricing policy of iron ore
- Virbhadra Singh asks SAIL to complete all ongoing expansion plans on time
- Virbhadra Singh gets steel, Commerce & Industry for Anand
- Virbhadra Singh, Steel Minister released 20 point agenda
