• search

Iron ore policy soon : Paswan

Written by: Staff

Kolkata, Apr 19 (UNI) Union Steel and Fertiliser Minister Ramvilas Paswan today said the Centre would shortly formulate a policy on iron ore distribution and export to supplement the national steel policy.

"There are some gray areas in the national steel policy. We will formulate a policy on the distribution and export of raw materials, including iron ore after consulting the states to cover up those areas," he said at a meet-the-press programme here.

He said the Government's iron ore policy would be based on the report of the Das Committee which was appointed to look into the issue following a demand from several quarters for easy access to iron ore reserve for setting up of steel plants.

"We will prepare a central guideline that the domestic need of iron ore has to be fulfilled before exporting," he said.

Having a reserve of 23 billion tons the country's iron ore production per annum was 142 million tons of which 78 million tons were exported, the Minister informed.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more