"Talks are going on with concerned ministries for introduction of policy to make it mandatory to use India made steel for all infrastructure and construction projects of the government," Steel Minister Chaudhary Birender Singh said during meeting of the Parliamentary Consultative Committee.
The meeting was on initiatives taken by the steel ministry to enhance demand and production of steel and status of completion of projects by PSUs.
The steel minister said his ministry was keeping a constant watch on the fast-changing scenario in Indian and international steel industry and has taken appropriate decisions in consultation with other ministries to provide a conducive growth environment for the Indian steel industry.
The Ministry of Steel have constituted four committees with representatives from steel producers, consultants, architects and government authorities among other to promote steel usage.
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Similarly, four task forces have been constituted for increasing steel usage in railways, urban development, road transport and highways and shipbuilding sector.
Rural housing targets to achieve one crore dwelling units in the next three years. Usage of steel-based structures can provide huge impetus to the demand of steel.
The steel ministry is approaching concerned authorities to share advantages of steel houses like less erection time, more durability, better flexibility and eco-friendliness.
Domestic production of steel has increased by 10.5 per cent in April to December 2016, compared to the corresponding period last year. Moreover, this momentum will be sustained through a multi-pronged strategy in the coming months and years, he said.
The steel minister said his ministry would explore the possibility of setting up scrap-based steel plants in northern and western part of the country.
"These plants will be energy efficient, eco-friendly, cost-effective and with capacity to produce high quality steel," he said.
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