MSMEs ESTABLISHED UNDER NATIONAL STEEL POLICY, 2017
MSMEs ESTABLISHED UNDER NATIONAL STEEL POLICY, 2017
Steel is a deregulated sector and the Government acts as a facilitator by creating a conducive policy environment for the development of steel sector in the country, including MSME. The decision 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. Details of the number of steel units (including MSME units) established during the last five years, state-wise, is given in Annexure. Current status of the sector vis-à-vis projections in National Steel Policy (NSP), 2017 is given as under: –
Projections of National Steel Policy (NSP), 2017 and Current Status:
(in million tonnes)
Sr. No.
Parameter
Projections for the year (2030 – 31)
under NSP, 2017
Current Status
(FY 2023-2024)
i.
Total crude steel capacity
300
179.51
ii.
Total crude steel demand/production
255
144.04
iii.
Total finished steel demand/production
230
138.82
iv.
Per Capita Finished Steel Consumption (in kg)
158
97.70
This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha today.
*****
MG/KSR
Annexure
Number of steel units (including MSME units) established during the last five years
STATE
NO. OF UNITS
ANDHRA PRADESH
8
ASSAM
8
CHHATTISGARH
33
DNHDD
1
GOA
1
GUJARAT
68
HARYANA
13
HIMACHAL PRADESH
7
JHARKHAND
4
KARNATAKA
1
KERALA
1
MADHYA PRADESH
12
MAHARASHTRA
22
MEGHALAYA
1
ODISHA
8
PUNJAB
32
RAJASTHAN
8
TAMIL NADU
23
TELANGANA
7
TRIPURA
1
UTTAR PRADESH
16
UTTARAKHAND
9
WEST BENGAL
21
TOTAL
305