THE MINISTER OF CHEMICALS & FERTILIZERS AND MINISTER OF STEEL (SHRI RAM VILAS PASWAN)
(a)to(d): A Statement is laid on the Table of the Lok Sabha.
STATEMENT REFERRED TO IN REPLY TO PARTS (A) TO (D) OF THE LOK SABHA STARRED QUESTION NO.94 TO
BE ANSWERED ON 23RD OCTOBER, 2008 TABLED BY SHRI SURENDRA PRAKASH GOYAL AND SHRI ABU AYES MONDAL
REGARDING CORPORATE PLAN FOR STEEL SECTOR.
(a) The per capita consumption of finished steel in the country, as per the provisional data
of JPC, was 46Kgs in 2007.
(b)&(c): The Government has framed the National Steel Policy (NSP) 2005 laying down the broad
roadmap for the long term growth of the Indian steel industry based on future demand and supply
projections of steel in the country. The NSP estimates that the level of domestic consumption of
steel will reach 90 million tonnes by 2019-20 and aims at achieving the production level of 110
million tonnes by the same year. However, as per the latest estimates, the domestic production
of steel is likely to cross the 110 million tonnes mark much before and reach a level of 124.06
million tonnes by 2011-12.The break-up of this estimated production capacity in respect of major
steel producers is given in the table in the annex.. As per the Report of the Working Group on
Steel Industry for the Eleventh Five Year Plan (2007-2012) prepared in December 2006, the demand
of steel in the country is estimated to be in the range of 66.84 -70.34 million tonnes.
(d) In order to promote the domestic steel industry and to meet the projected demand, the
Government has constituted an Inter-Ministerial Group (IMG), under the chairmanship of Secretary
(Steel), to monitor and coordinate the issues concerning major steel investments in the country
related to infrastructure, raw material supply, environmental clearance and other resource
constraints.