Government constitutes two advisory committees to address challenges in steel industry

Several meetings of the Advisory Committee on Integrated Steel Plants and Secondary Sector have been held since their formation.

Several meetings of the Advisory Committee on Integrated Steel Plants and Secondary Sector have been held since their formation.

The government has constituted two advisory committees to deal with the challenges faced by the steel industry to achieve the target of 300 million tonnes production capacity by 2030.

According to a steel ministry document, members of the steel industry, associations, academicians and senior retired government officials are members of two separate committees constituted for Integrated Steel Plants (ISPs) and Secondary Steel Sector.

“The Steel Ministry has constituted two advisory committees, one each for ISP and secondary sector. These committees take cognizance of the issues being faced by the sector and discuss ways and means to reduce them so as to achieve the targeted crude steel production capacity of 300 MT by 2030-31, as per the National The Steel Policy is envisaged in 2017. added this.

Several meetings of the Advisory Committee on ISPs and Secondary Sector have been held since their formation.

The Ministry is extensively engaged with all concerned stakeholders and is in consultation with them to develop and finalize the ‘Vision 2047’ framework for the sector.

“In this regard, a stakeholder meeting was held on 25 August 2022, which was attended by industry players and associations. Inputs and suggestions of all stakeholders have been sought on Vision 2047,” the ministry said.