Lok Sabha Question No. 1327 (UNSTARRED), answered on 2022-12-14
Subject: Investment in Steel Sector
Ministry: STEEL
Asked by: S.R. Parthiban

## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA

## UNSTARRED QUESTION NO.1327 FOR ANSWER ON 14.12.2022

## INVESTMENT IN STEEL SECTOR

## 1327.     SHRI PARTHIBAN S.R.:

Will the Minister of STEEL be pleased to state:

the  details  of  the  measures  taken  by  the  Government  to  attract  and  facilitate investment in the steel sector including Salem steel plant along with the achievements made during the past three years, year and State/UT-wise?

## ANSWER

(SHRI FAGGAN SINGH KULASTE)

## THE MINISTER OF STATE IN THE MINISTRY OF STEEL

Steel being a de-regulated sector, the Government acts as a facilitator, by creating enabling environment for development of the sector.  National Steel Policy, 2017 has mission to provide environment for attaining 'self sufficiency' in steel production by providing policy support and guidance to steel producers. Further, the action taken includes the following:-

- i.  A Project Development Cell (PDC) has been established in the Ministry which is engaged  in  identifying  projects  to  facilitate  new  investments,  evaluating  the pipeline of projects and taking necessary steps to fast-track their implementation.
- ii.  Notification  of  Production-Linked Incentive  (PLI) Scheme for Specialty Steel with an outlay of Rs. 6,322 Crore to promote the manufacturing of specialty steel within the country for domestic use and export by attracting Capital investments.
- iii.  Participation  in  events  like  world  expo  held  recently  in  Dubai,  interaction  of Ministerial  delegation  with  domestic  steel  users  in  Japan,  Korea,  Russia  to highlight  the  expertise  of  the  steel  sector  in  India  and  showcase  an  array  of investment opportunities as well as business potential in India's Steel sector.
- iv.  Make in India  initiative  and  the  PM  Gati-shakti  National  Master  Plan  with  further engagement  with  potential  users,  including  from  Railways,  Defence,  Petroleum and Natural Gas, Housing, Civil Aviation, Road  Transport and Highways, Agriculture  and  Rural  Development  sectors  to  enhance  the  steel  usage,  overall demand for steel and investment in steel sector in the country.
- v.  Adjustments in Basic Custom Duty on steel products and raw materials along with calibration of trade remedial measures like Anti-dumping duty (ADD), Countervailing duty (CVD) on certain steel products to enhance competitiveness of India's steel sector.
- vi.  Salem  Steel  Plant  is  under  Strategic  disinvestment  which  was  approved  by  'inprinciple' by the Union Cabinet on 27 th Oct'2016.

India is the 2 nd largest producer of Crude Steel in the world and Crude Steel capacity in 2019-20 was 142.299 mt(million tonnes) which is increased to 154.062 in 2021-22. The details  of capacity  for the  last  three  years  State  wise  and  year-wise  are  given below:-

| Crude Steel: State     |   2019-20 |   2020-21 |   2021-22 |
|------------------------|-----------|-----------|-----------|
| Andhra Pradesh         |      8391 |      8614 |      8512 |
| Arunachal Pradesh      |       125 |       125 |        72 |
| Assam                  |       131 |       131 |       163 |
| Bihar                  |       803 |       830 |       812 |
| Chhattisgarh           |     18785 |     19191 |     20900 |
| Dadra and Nagar Haveli |       296 |       168 |       286 |
| Daman and Diu          |        46 |        46 |        50 |
| Delhi                  |        16 |        16 |        16 |
| Goa                    |       481 |       405 |       495 |
| Gujarat                |     12754 |     13688 |     13512 |
| Haryana                |       953 |      1037 |      1056 |
| Himachal Pradesh       |      1139 |      1144 |      1740 |
| Jammu and Kashmir      |       189 |       189 |       189 |
| Jharkhand              |     19707 |     19488 |     20506 |
| Karnataka              |     15149 |     15261 |     14249 |
| Kerala                 |       480 |       480 |       473 |
| Madhya Pradesh         |       553 |       457 |       987 |
| Maharashtra            |     11961 |     12030 |     18038 |
| Meghalaya              |       181 |       181 |       201 |
| Odisha                 |     25370 |     25330 |     24587 |
| Puducherry             |       340 |       364 |       451 |
| Punjab                 |      4924 |      5064 |      5506 |
| Rajasthan              |      1176 |      1005 |       933 |
| Tamil Nadu             |      3766 |      3722 |      3744 |
| Telangana              |      1443 |      1605 |      2033 |
| Tripura                |        30 |        30 |        30 |
| Uttar Pradesh          |      1617 |      1617 |      1606 |
| Uttarakhand            |      1559 |      1524 |      1512 |
| West Bengal            |      9935 |     10172 |     11403 |
| Total                  |    142299 |    143914 |    154062 |

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