Lok Sabha Question No. 4032 (UNSTARRED), answered on 2025-03-25
Subject: Small and Medium Enterprise
Ministry: STEEL
Asked by: Shri Chavda Vinod Lakhamshi

## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA

## UNSTARRED QUESTION NO. 4032 FOR ANSWER ON 25.03.2025

## SMALL AND MEDIUM ENTERPRISE

4032. SHRI CHAVDA VINOD LAKHAMSHI:

Will the Minister of STEEL be pleased to state:

- (a) the efforts being made by the Government to ensure the participation of Small and Medium Enterprises (SMEs) in steel sector;
- (b) whether any new incentives or subsidies are proposed to promote research and development in the steel industry;
- (c) if so, the details thereof; and
- (d)  the  manner  in  which  the  Government  proposed  to  meet  the  requirements  of workforce training and skill development needs of the steel sector during the meeting?

## ANSWER

THE MINISTER OF STATE IN THE          (SHRI BHUPATHIRAJU SRINIVASA VARMA) MINISTRY OF STEEL

- (a) Steel is a de-regulated sector. The Government acts as a facilitator, by creating conducive policy environment for the development of steel sector including the Small and Medium Enterprises (SMEs) in steel sector.

Some of the steps taken by the Government for development of the sector, including the Small & Medium Enterprises are as under:-

- i.  Implementation  of  Domestically  Manufactured  Iron  &  Steel  Products  (DMI&SP) Policy for promoting 'Made in India' steel for Government procurement.
- ii.  Launching of the Production Linked Incentive (PLI) Scheme for Specialty Steel to promote the manufacturing of 'Specialty Steel' within the country and reduce imports by attracting capital investments.
- iii.  Revamping  of  Steel  Import  Monitoring  System  (SIMS)  2.0  for  more  effective monitoring of imports to address the concerns of domestic steel industry.
- iv. Coordination with Ministries and States, besides other countries for facilitating the availability of raw material for steel making on more favourable terms.
5. (b)&(c):     Ministry of Steel is operating a R&D scheme viz. 'Promotion of R&D in Iron &  Steel  Sector',  for  providing  financial  assistance  for  the  R&D  projects  under  the identified thrust areas. The thrust areas for providing financial assistance under the R&D Scheme, are development of new alternate processes & technologies to address the burning  issues faced by the  Iron  & Steel Sector such  as climate change  (reducing emissions & reducing energy consumption), waste utilization, resource efficiency, etc. Under the scheme, R&D projects have also been funded to address the technological challenges faced by the Small and Medium Enterprises (SMEs) in steel sector.

(d)  Steel is a de-regulated sector and the government acts as a facilitator. Government has  taken  the  following  measures  for  the  development  of  steel  sector  including promoting training & skill development for the Small and Medium Enterprises (SMEs) in steel sector.

-  Establishment of National Institute of Secondary Steel Technology(NISST) at Mandi Gobindgarh, Punjab to provide trained technical manpower, industrial services, testing facilities, consultancy services to the secondary steel sector;
-  Establishment of Biju Patnaik National Steel Institute(BPNSI) at Kalinga Nagar, Jajpur to cater to the skilling needs of steel industry in the Eastern sector.

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