New products & improvement in Quality, and
The Minister said, according to information available from RINL, total budget allocation earmarked for R&D in the 12th Five Year Plan is Rs. 335 crore. No such budget allocation has been earmarked for the 12thFive Year Plan by other companies. The total budget allocated and expenditure incurred on R&D activities during the first two years of the 12thFive Year Plan period by the two public sector steel companies (SAIL and RINL) are given hereunder:
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Upto Sept 2013