INDIA STEEL INDUSTRY OPTIMISTIC OVER NEW GOVERNMENT POLICIES
June 8th, 2014
The Indian steel industry has welcomed the initial steps taken by the new government to boost domestic manufacturing by expediting statutory clearances for new projects; removing hindrances to raw material supplies; and promising more clarity in future decision making.“The government is giving us hope that lot of projects which have been held up due to environmental regulations are [already] being cleared,” said Sushim Banerjee, director general Institute for Steel Development & Growth, in Kolkata. For example, Mr Banerjee told Steel First that a planned ...
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