Question : FORUM FOR STEEL SECTOR

(a) whether there exists any formal forum for pro-active engagement between Government and prospective investors in steel sector in the country;

(b) if so, the details thereof; and

(c) if not, the current mechanism to address the concerns of the steel industry?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF STEEL(SHRI JITIN PRASADA)

(a)to(c): There is no formal forum for pro-active engagement between Government and prospective investors in steel Sector. However, Government has constituted an Inter-Ministerial Group (IMG) to monitor and coordinate issues concerning major steel investments in the country.


The IMG consists of following members:- 

i.	Secretary, Ministry of Steel	Chairman

ii.	Secretary, Department of Industrial Policy & Promotion	Member

iii.	Member(Traffic), Railway Board, Ministry of Railways	Member

iv.	Secretary, Department of Shipping	Member

v.	Secretary, Department of Road Transport & Highways	Member

vi.	Secretary, Ministry of Mines	Member

vii.	Secretary, Ministry of Environment & Forest	Member

viii.	Chief Secretary of concerned State Governments	Member

ix.	Joint Secretary, Ministry of Steel	Convener

Any other Ministry/State Govt. may be requested to participate as and when considered necessary.

Further, the terms of reference (ToR) of the IMG are: -

To review and coordinate measures for early completion of the major steel capacities and to address various problems concerning:-

(i) Infrastructure constraints related to ports, rail, road network.

(ii) Availability of iron ore and coal.

(iii) Speedy environmental clearance for project site as well as for iron ore and coal mining activities.

(iv) Availability of land, water resources and issues concerning rehabilitation.

(v) Any other item concerned with the major steel investments in the country.

Question : FORUM FOR STEEL SECTOR

Answer given by the minister

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