Question : FINANCIAL IRREGULARITIES

(a) whether some major steel companies are committing financial irregularities in the name of modernisation;

(b) if so, the names and number of such companies;

(c) whether the Government propose to conduct inquiry against such companies;

(d) if so, the details thereof; and

(e) the action likely to be initiated against the defaulters?

MINISTER OF STATE FOR STEEL (SHRI DILIP RAY)
(a) No case of financial irregularities, in the name of modernisation, by any major steel company in the Public sector, has come to the notice of the Government.
(b) to (e): Do not arise in view of (a) above.