India, March 11 -- The Government of India issued the following news release:
Steel is a deregulated sector and the Government acts as a facilitator by creating a conducive policy environment for the development of steel sector across all states in the country, including Odisha. Decisions regarding setting up of a steel plant is taken by industry based on techno-commercial consideration including raw material availability, distance from port, logistics etc. Government has taken the following measures to improve raw material security, enhance R&D activities, reduce import dependence, and cost of production, to increase employment and to attract private sector investment:-
a. Implementation of Domestically Manufactured Iron & Steel Products...