Union Steel Minister Dharmendra Pradhan has said, the eastern belt has the potential to add over 75 percent of the country’s incremental steel capacity envisioned by the National Steel Policy.
He said, it is expected that out of the 300 Million Tonne capacity by 2030-31, over 200 Million Tonne can come from this region alone. Mr Pradhan said this while launching Mission Purvodaya in Kolkata yesterday. The programme is aimed at accelerated development of eastern India through establishment of integrated steel hub.
The mission will drive India’s march towards five trillion dollar economy set by the government.
Stating that eastern India is a land of infinite opportunities, Mr Pradhan said that despite being endowed with natural resources, this region has lagged behind in socio-economic development as compared to some other parts of the country. With Mission Purvodaya in the steel sector, he said, a new chapter will the rise of eastern India by accelerated development of steel sector through an integrated steel hub.
Through this programme, the government aims to transform logistics and utilities infrastructure which would change the socio-economic landscape in the eastern India. The steps, under mission, also include growth of steel industry along with employment opportunities across the entire value chain.
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