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Cabinet nod soon for Rs 10L crore plan for steel sector

Wednesday, 08 Feb 2017
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The Steel ministry will soon seek the Cabinet nod for its new policy that envisages Rs 10 lakh crore investment in the sector.

The ministry has uploaded the draft policy and is seeking suggestions from the stakeholders.

The draft steel policy also aims at increasing the supply of domestic coking coal to cut dependence on imports by half and a production of 300 million tonne of the alloy by 2030-31.

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