The Union Cabinet approved the National Steel Policy (NSP), 2017 on May 3rd. The new NSP is in step with the government’s long-term vision to give thrust to the steel sector. It seeks to enhance domestic steel consumption, ensure high-quality steel production, and create a technologically advanced and globally competitive steel industry.
The new NSP is in step with
the government’s long term
vision to give thrust to the
CRISIL Research analysed key elements of NSP and details the perspective of Demand, Capacity, Trade etc.