Rs 1,902 cr sanctioned for expansion of Salem steel plant
Union Minister of Chemicals, Fertiliser and Steel Ram Vilas Paswan on Saturday said Rs 1,902 crore has been sanctioned for expansion of Salem steel plant.
By PTI |
PUDUCHERRY: Union Minister of Chemicals, Fertiliser and Steel Ram Vilas Paswan on Saturday said Rs 1,902 crore has been sanctioned for expansion of Salem steel plant.
Talking to presspersons here, he said production of steel in the Salem plant had risen to 53 million tonnes now, as against 35 million tonnes in 2004, and by 2020 it would cross 300 million tonnes. In the next three years the country would emerge as the second largest steel production centre.
He said there was no complaint of "shortage" of availability of fertiliser in Tamil Nadu and Puducherry. The price of the fertiliser had also not been raised for last four years.
The subsidy component in fertiliser price was not a concern of the government, as it had already spent Rs 1.19 lakh crore in this regard in the current year, he said.
Talking to presspersons here, he said production of steel in the Salem plant had risen to 53 million tonnes now, as against 35 million tonnes in 2004, and by 2020 it would cross 300 million tonnes. In the next three years the country would emerge as the second largest steel production centre.
He said there was no complaint of "shortage" of availability of fertiliser in Tamil Nadu and Puducherry. The price of the fertiliser had also not been raised for last four years.
The subsidy component in fertiliser price was not a concern of the government, as it had already spent Rs 1.19 lakh crore in this regard in the current year, he said.
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