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GOVERNMENT OF INDIA
MINISTRY OF STEEL
LOK SABHA
UNSTARRED QUESTION NO: 1051
ANSWERED ON:  27.07.2015
Steel Plants
MANOJ RAJORIA
UDIT RAJ
Will the Minister of



STEEL be pleased to state:-


(a) the number of steel plants under public and private sector operating in the country at present along with the financial condition of these plants;
(b) whether the Government has recently reviewed the performance of steel industry in public and private sector in terms of targets set and achieved and if so, the details thereof, sector-wise;
(c) whether several public sector steel plants including Steel Authority of India Limited have been running in loss for the last three years despite the continuous assistance provided by the Government and if so, the details thereof and reasons therefor;
(d) whether the Government has fixed any target in the new National Steel Policy for the development of steel sector; and
(e) if so, the details thereof along with the extent to which it is likely to help in development of steel sector?


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

(a) There are two public sector steel manufacturing companies in India namely Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL). Both SAIL and RINL are profit making public sector enterprises.

Steel is a de-regulated sector. The role of the Government is that of a facilitator only. As per data available, there are about 1300 operational steel plants producing crude steel in the country. Profit/loss of private steel plants is not maintained by Ministry of Steel.

(b) Ministry of Steel regularly reviews the performance of its public sector undertakings. In these meetings, the issues of Central Public Sector Enterprises (CPSE) pending to be taken up with other Ministries/Departments as also with other State Governments are identified/flagged and pursued.

Steel is a deregulated sector and the role of the Government is that of a facilitator only and hence Government has no control over the performance of private sector steel industry.

(c) Both SAIL and RINL do not get any financial assistance from Government and are profit making CPSEs.

(d)&(e): National Steel Policy 2005 has not set any target for steel production in the country. The policy envisaged supporting steel production capacity of 110 million tonne by 2019-20. The production capacity in the country stands at 108 million tonne.

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