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Road Map For Steel Use

 2020-Oct-18 | Bhubaneswar

In order to improve usage of steel in the country in the rural sector, Ministry of Steel has decided to chalk out a road map, which will boost domestic steel use through various sectors.Despite being the world’s second largest producer of steel, India’s annual per capita steel consumption is 74.1 kg and is one-third the global average (224.5kg). And steel use in the rural areas has been much lower compared to the use of steel in urban areas.The rural per capita steel consumption in the country has been around 19.1 kg in the year 2019 against the all India average of 74.1 kg.It is estimated that that around 54 Percent(PC)  of rural steel consumption goes for House construction, 10PC for Community construction, 20PC for Professional usages (primarily agricultural implements), furniture, vehicles and household items (balance 16PC).Hence, apart from facilitating capacity expansion, the Ministry of Steel has taken measures to enhance steel demand usage in the country and is actively working with concerned ministries.Accordingly Ministry of Steel in association with Confederation of Indian Industry (CII) is organizing a   Webinar on ‘Aatmanirbhar Bharat: Fostering Steel Usage in Rural Economy, Agriculture, Rural Development, Dairying and Food Processing’ on 20 October 2020.Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Steel, Narendra Singh Tomar, Minister of Rural Development, Agriculture and Farmers Welfare, Panchayati Raj and Food Processing Industries will join webinar.The webinar is to identify present and future requirements of steel and steel products in Rural Development Sector and increase awareness on usage & benefits of using steel goods.Usage of steel intensive structures in community / common facility area, Water Storage facilities, Grain Storage Silos, Common Grain Storage facilities and household water storage drums etc.The webinar will also deliberate on challenges faced in procuring steel products and capabilities of Indian iron and steel industry in meeting the present demand, future expansion plans, manufacturing and R&D capabilities for developing new products.The webinar will also feature Secretaries’ Panel and States’ Panel consisting of Secretaries from key Rural Development Ministries from the Centre and States apart from presentations by key Rural Development agencies.Steel will play a pivotal role in India’s ascent to a $5 trillion economy due to its critical role in growth driving sectors such as construction, infrastructure, manufacturing, railways, oil & gas, defence and rural & agriculture etc.  

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