Govt will not regulate steel prices: Das
The Government will not implement any price regulation mechanism in the steel industry to ensure competitive pricing; the Rajya Sabha was informed on Friday.
By PTI |
NEW DELHI: The Government will not implement any price regulation mechanism in the steel industry to ensure competitive pricing; the Rajya Sabha was informed on Friday.
In a written reply, Minister of State for Steel Akhilesh Das said, "Government does not propose to bring in any law for creation of a regulatory authority for controlling prices of steel."
He said that in a liberalised scenario the prices of steel are determined by the interplay of market forces.
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