There are two steel manufacturing Public Sector Undertakings (PSUs) under the administrative control of Ministry of Steel namely Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL). State/UT-wise details are as follows:-

 

Name of the State/UT	Name of the Unit
Steel Authority of India Limited (SAIL)
Chhattisgarh	Bhilai Steel Plant
West Bengal	Durgapur Steel Plant
	IISCO Steel Plant, Burnpur
	Alloy Steel Plant, Durgapur
Odisha	Rourkela Steel Plant
Jharkhand	Bokaro Steel Plant
Tamil Nadu	Salem Steel Plant
Karnataka	Visvesvaraya Iron & Steel Plant
Rashtriya Ispat Nigam Limited (RINL)
RINL, the corporate entity of Vishakhapatnam Steel Plant is located in the State of Andhra Pradesh.

 

The share of Public Sector Steel Companies in total crude steel production in the country is about 20%.

Details of import and export of saleable steel by SAIL & RINL during 2018-19 is as under:-

(in ‘000 tonnes)

Name of the PSU	Import	Export
SAIL	NIL	760
RINL	NIL	374

 

As per the Companies Act, 2013, Central Public Sector Enterprises (CPSEs) under Ministry of Steel earmark at least 2% of the average net profits made during the three immediately preceding financial years for Corporate Social Responsibility (CSR) activities. Unspent balance for the previous year, if any, is carried forward to the next year for utilisation for the purpose for which it was allocated. Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd.(RINL) have even allocated CSR funds during loss years to sustain the momentum of the ongoing committed CSR activities. Funds under Corporate Social Responsibility are not allocated by CPSEs, State/UT-wise.

 

The Government has notified National Steel Policy 2017; the policy for providing preference to Domestically Manufactured Iron & Steel Products (DMI&SP) in Government Procurement and has modified Rule 136(1) (iii) of General Financial Rules to incorporate the principle of life cycle cost analysis. These interventions will help in creation of enhanced demand of steel, which in turn, will lead to enhanced steel production by steel companies which includes Steel PSUs as well, to meet the requirements of the country.

This information was given by the Union Minister for steel Shri Dharmendra Pradhan in a written reply in the Lok Sabha today.

 

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YKB/TFK

(Release ID: 1578768)