Lok Sabha Question No. 1729 (UNSTARRED), answered on 2023-12-13
Subject: National Steel Policy
Ministry: STEEL
Asked by: M.K. Vishnu Prasad, T.R.V.S. Ramesh

## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA UNSTARRED QUESTION NO.  1729 FOR ANSWER ON 13/12/2023

## NATIONAL STEEL POLICY

1729.  DR. VISHNU PRASAD M.K.: SHRI T.R.V.S. RAMESH:

Will the Minister of STEEL be pleased to state:

- (a) whether the country has a National Steel Policy which projects crude steel capacity of 300 million tonnes (MT), production of 255 MT and a robust finished steel per capita consumption of 158 kgs by 2030-31;
- (b) if so, the details thereof; and
- (c) the steps taken by the Government to adhere to the same?

## ANSWER

THE MINISTER OF STATE IN THE                        (SHRI FAGGAN SINGH KULASTE)

MINISTRY OF STEEL

(a)&(b): Yes,  Sir.  Government  of  India  has  notified  National  Steel  Policy,  2017 which envisages development of a technologically advanced and globally competitive steel industry that provides environment for attaining self-sufficiency in steel production by providing policy support and guidance to steel producers. National Steel Policy covers all aspects of steel sector such as steel demand, steel capacity, raw material security, infrastructure and logistics, Research & Development (R&D) and energy efficiency.

Overall projections of domestic crude steel capacity, production and per capita finished steel consumption value envisaged in the National Steel Policy (NSP), 2017 are shown below:-

| S.No.                                    | Parameter                                    | Projections (2030-31)   |
|------------------------------------------|----------------------------------------------|-------------------------|
| 1                                        | Total crude steel capacity                   | 300 mt                  |
| 2                                        | Total crude steel demand/ production         | 255 mt                  |
| 3                                        | Per capita finished steel consumption in kgs | 158 kgs                 |
| Source: National Steel Policy(NSP), 2017 | Source: National Steel Policy(NSP), 2017     | mt= million tonnes      |

- (c): Steel  is  a  de-regulated  sector,  Government  acts  as  a  facilitator,  by  creating conducive policy environment for development of the steel sector. Towards achieving the desired projections of National Steel Policy, 2017, the measures taken include the following: -
- i. Notification  of  Domestically  Manufactured  lron  &  Steel  Products  (DMl&SP) Policy  to  provide  preference  to  domestically  manufactured  iron  and  steel products in Government Procurement.
- ii. Notification  of  Steel  Scrap  Recycling  Policy  to  enhance  the  availability  of domestically generated scrap.

Contd….

- iii. Notification  of  Steel  Quality  Control  Orders  to  prevent  manufacturing  and import of nonstandardized steel and to make available quality steel products to the public at large.
- iv. 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.
- v. Production Linked Incentive (PLI) Scheme for specialty steel to promote the manufacturing of 'Specialty Steel' within the country.
- vi. Engagement  with  various  stakeholders  including  industry  association  and leaders of domestic steel industry to address their issues by the concerned Ministries/ Departments of the Central Government and State Governments.
- vii. Interaction with various Ministries/Departments of the Government and other stakeholders  for  enhancing  steel  usage  in  Infrastructure,  housing  and manufacturing sector.

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