Question : MOUs FOR SETTING UP OF STEEL COMPANIES



(a) whether Memoranda of Understandings (MoUs) have been signed between Central / State Governments for setting up of steel companies during the last three years and in the current year;

(b) if so, the details thereof;

(c) the number of Steel companies set up during the said period; and

(d) the reasons for non-emergence of new steel capacities?

Answer given by the minister


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

(a)to(c): The details of MoUs signed alongwith the name of companies for setting up of iron and steel plants in mineral rich states Jharkhand, Orissa and Chhattisgarh during the last three years & current year and the present status of projects, state-wise and project-wise are annexed, as per the record of information available in the Ministry of Steel.

(d) Steel projects are capital and resource intensive and most of the major projects are going on at different stages of their progress.