MINISTRY OF STEEL

  • 44.1. MISSION PURVODAYA
    • • To enable swift capacity addition and improve overall competitiveness of steel producers both in terms of cost and quality.
    • • Driving accelerated development of Eastern India through establishment of Integrated Steel Hub.
    • • The Integrated Steel Hub would encompass states of Odisha, Jharkhand, Chhattisgarh, West Bengal and Northern Andhra Pradesh.
    • • This Eastern belt has the potential to add more than 75% of the country’s incremental steel capacity envisioned by the National Steel Policy. It is expected that out of the 300 MT capacity by 2030-31, over 200 MT can come from this region alone, driven by Industry 4.0.
    • • The hub would focus on 3 key elements:
      • o Capacity addition through easing the setup of Greenfield steel plants
      • o Development of steel clusters near integrated steel plants as well as demand centres.
      • o Transformation of logistics and utilities infrastructure which would change the socio-economic landscape in the East. 
  • 44.2. STEEL RESEARCH AND TECHNOLOGY MISSION OF INDIA (SRTMI)
    • • Spearhead R&D of national importance in iron & steel
    • • To create state-of-art facilities in research and augment human resource
    • • To develop collaborations amongst industry, national R&D laboratories and academic institutes as per national objectives and aspirations
    • • To create a globally competitive and sustainable steel industry on its own merits.
    • • It is an Institutional mechanism in the form of a Society facilitated by the Ministry of Steel and driven by major steel producers of India, to facilitate joint collaborative research projects in the Iron & Steel sector of India.
    • • It is an industry driven initiative which has been setup as a Registered Society wherein Ministry of Steel is a facilitator.
    • • Ministry of Steel will provide 50% of the required corpus and the balance will be provided by participating steel companies.
    • • The mission will develop appropriate technology for cost-effective production of quality steel with indigenous raw material, including utilization of low grade resources in an environment friendly manner.
    • • R&D programs of national importance will be evolved and R&D investments for the steel sector will be increased to 1% of turnover in a phased manner.
    • • National “Institutes on Steel Technology” will be created to promote post graduate programs and research in steel technology

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