The Government of India has approved infusion of ₹11,440.00 crore as Equity/ Preferential capital in RINL, to sustain the operations of RINL and to keep it as a going concern. The Company has focused on improvement in techno-economic performance, better capacity utilization and rationalization of fixed costs etc. to enhance operational efficiency.  This aligns withthe objectives of National Steel Policy, 2017. 

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.

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TPJ/NJ