The
Minister of Steel, Shri Beni Prasad Verma has said that data on import, export
and net import of total finished steel for the last three years and April, 2012
is shown in the table below:-
Year
|
Total Finished
Steel (million tonnes or mt)
|
(a)
Import
|
(b)
Export
|
Net
Import (a-b)
|
2009-10
|
7.382
|
3.251
|
4.131
|
2010-11
|
6.664
|
3.637
|
3.027
|
2011-12*
|
6.826
|
4.041
|
2.785
|
April, 2012*
|
0.545
|
0.312
|
0.233
|
Source: Joint Plant Committee (JPC);
*provisional;
|
In
a written reply in the Rajya Sabha today Shri Verma said, Steel is a
de-regulated sector. In a de-regulated, open market economy, the role of the
Government is that of a facilitator and in that capacity, it
promotes/encourages growth of steel industry through suitable policy measures.
In order to promote the domestic steel industry, the Government has framed the
National Steel Policy and constituted an Inter-Ministerial Group (IMG) to
monitor and coordinate the issues concerning major steel investments in the
country related to infrastructure, raw material supply, environmental clearance
and other resource constraints.
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NSK/DB