New Steel Policy
The Minister of Steel, Shri Beni Prasad Verma has said that Ministry of Steel has decided to formulate a new National Steel Policy to replace the existing National Steel Policy, 2005. The process of formulation of new National Steel Policy is already on. This Policy is being finalized based on detailed deliberations with various stakeholders.
In a written reply in the Rajya Sabha today he said, the new National Steel Policy will formulate a new set of projections and policy guidelines for facilitating steel sector of the country. The Policy is proposed to address various issues for facilitating steel sector like attracting investments in steel sector, technology and R&D initiatives, manpower requirement, raw material supply, infrastructure requirement, land acquisition, water etc.
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