Question : GROWTH OF STEEL INDUSTRY



(a) whether the growth of the steel industry in the country is affected adversely in the recent year;

(b) if so, the details thereof and the reasons therefor;

(c) whether it is true that the Free Trade Agreement with several countries is one of the reasons for this trend; and

(d) if so, the steps taken by the Government to safeguard the interests and encourage the growth of domestic steel industry?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF STEEL AND MINES (SHRI VISHNU DEO SAI)

(a)&(b): The steel industry in the country in terms of crude steel capacity has been increase on an average @ 7.78% for the last four years.

(c)&(d): Does not arise in view of the above.

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