Question : ULTRA MEGA STEEL PLANTS



(a) whether the Government has prepared a blueprint to start Ultra Mega Steel Projects (UMSP) on the lines of Ultra Mega Power Projects in the country so as to increase steel production;

(b) whether the Government also proposes to set up Steel Finance Corporation to ensure availability of funds for these UMSP;

(c) if so, the details thereof; and

(d) the time likely to be taken in this regard?

Answer given by the minister


THE MINISTER OF STEEL (SHRI BENI PRASAD VERMA)

(a) There is no formal proposal to set up Ultra Mega Steel Projects/Plants in the country by the Government.

(b)to(d): Do not arise.