Government of India intends to revive VISL of SAIL by modernization and expansign
Government of India intends to revive VISL of SAIL by modernization and expansion of its facilities with an investment of Rs. 1000 crore: Minister of Steel & Mines Narendra Singh Tomar
The Government of India intends to revive VISL of SAIL by modernization and expansion of its facilities with an investment of Rs. 1000 crore, Union Steel & Mines Minister Narendra Singh Tomar said in Bhadravati, Karnataka today.
The Union Minister for Steel & Mines Shri Narendra Singh Tomar paid a visit to Visvesvaraya Iron & Steel Plant unit of Steel Authority of India Limited on 21.08.2015. Shri Ananth Kumar, Union Minister for Chemical & Fertilizer, Shri Yediyurappa, Member of Parliament, Shri Ayanur Manjunath, MP (Rajyasabha), Shri M.J. Appaji, M.L.A, Bhadravati, Shri B.Y. Raghavendra, Ex. MP and present MLA, Shikaripura accompanied the minister.
In his address, Shri Tomar said, “The Ministry is trying to ensure availability of raw material to VISL and once that is done, the government intends to revive VISL by modernization and expansion of its facilities with an investment of Rs. 1000 crore. However, this investment will be subject to recommendations of the consultant and approval by SAIL board. We shall try to expedite the whole process. For raw material security, steps will be taken by the state govt. to allot 140 Ha at NEB range Sandur Taluk, Bellary district to VISL, as soon as the case pending in High court is settled. I have held two meetings with the Chief Minister of Karnataka and raised the issue of allotment of mines including 240 Ha of iron ore mines, in the Ramanadurga area to SAIL, VISL for iron ore security. The CM assured to actively consider the matter on priority basis”.
Earlier the visit commenced with garlanding of the statue of Sir M. Visvesvaraya situated in the plant premises, followed by visit to the Steel Plant. The visiting dignitaries also met representatives of executive association and employee unions. Their main demand was that SAIL should make investment to revive the VISL Steel Plant.
This is the maiden visit of the Union Minister for Steel & Mines Shri Narendra Singh Tomar to Visvesvaraya Iron & Steel Plant, Bhadravati. V.I.S.L started operation in the year 1923 and was established by Bharat Ratna Sir M. Visvesvaraya. The plant is a pioneer in the production of alloy & Special steels. The plant has a wide customer base which includes defence, railways, automobile, engineering sector and tool making industry.
The Union Minister for Steel & Mines Shri Narendra Singh Tomar paid a visit to Visvesvaraya Iron & Steel Plant unit of Steel Authority of India Limited on 21.08.2015. Shri Ananth Kumar, Union Minister for Chemical & Fertilizer, Shri Yediyurappa, Member of Parliament, Shri Ayanur Manjunath, MP (Rajyasabha), Shri M.J. Appaji, M.L.A, Bhadravati, Shri B.Y. Raghavendra, Ex. MP and present MLA, Shikaripura accompanied the minister.
In his address, Shri Tomar said, “The Ministry is trying to ensure availability of raw material to VISL and once that is done, the government intends to revive VISL by modernization and expansion of its facilities with an investment of Rs. 1000 crore. However, this investment will be subject to recommendations of the consultant and approval by SAIL board. We shall try to expedite the whole process. For raw material security, steps will be taken by the state govt. to allot 140 Ha at NEB range Sandur Taluk, Bellary district to VISL, as soon as the case pending in High court is settled. I have held two meetings with the Chief Minister of Karnataka and raised the issue of allotment of mines including 240 Ha of iron ore mines, in the Ramanadurga area to SAIL, VISL for iron ore security. The CM assured to actively consider the matter on priority basis”.
Earlier the visit commenced with garlanding of the statue of Sir M. Visvesvaraya situated in the plant premises, followed by visit to the Steel Plant. The visiting dignitaries also met representatives of executive association and employee unions. Their main demand was that SAIL should make investment to revive the VISL Steel Plant.
This is the maiden visit of the Union Minister for Steel & Mines Shri Narendra Singh Tomar to Visvesvaraya Iron & Steel Plant, Bhadravati. V.I.S.L started operation in the year 1923 and was established by Bharat Ratna Sir M. Visvesvaraya. The plant is a pioneer in the production of alloy & Special steels. The plant has a wide customer base which includes defence, railways, automobile, engineering sector and tool making industry.
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Conference on Roadmap to 300 Million Tonnes: Opportunities & Challenges for Secondary Steel Sector Begins Tomorrow
Centre Committed to Support Steel Industry to Achieve Target of 300 Million Tonnes Per Annum Capacity by 2025: Minister of Steel & Mines Narendra Singh Tomar
Centre Committed to Support Steel Industry to Achieve Target of 300 Million Tonnes Per Annum Capacity by 2025: Minister of Steel & Mines Narendra Singh Tomar
The Ministry of Steel is organising a one day conference on ‘Roadmap to 300 Million Tonnes: Opportunities & Challenges for Secondary Steel Producers’ tomorrow i.e. 22nd August 2015 in Vigyan Bhawan, New Delhi. The Union Finance Minister, the Minister of Corporate Affairs and the Minister of Information and Broadcasting Shri Arun Jaitley will inaugurate the conference in the presence of the Union Minister of Steel and Mines Shri Narendra Singh Tomar. “Our Government is fully committed to address every problem and bottleneck of the ailing steel industry and achieve the target of 300 Million Tonnes Per Annum (mtpa) capacity by 2025” Shri Narendra Singh Tomar has reiterated addressing senior industrialists and officials at earlier occassions.
Steel is the backbone of any modern economy. The level of per capita consumption of steel is often considered an important index of the level of economic development. Steel production in India has been steadily increasing, and has doubled in last ten years - from 43.44 million tonnes (MT) in 2004-05 to 88.12 MT in 2014-15. Today the steel sector contributes nearly 2% of country’s GDP.
India occupies a central position on the global steel map and has overtaken the US to become the third-largest steel producer in the world. India is predicted to triple its production capacity from roughly 110 MT presently to about 300 MT in the next 10 years.
The steel production landscape across the globe is largely dominated by blast furnace based integrated steel producers who make steel using the basic ore. However, In India, the contribution of this route of steel making is low at around 45% only and majority steel (55%) is produced adopting the electric steel making process using steel scrap or from sponge iron produced in-house or purchased. While some of these units are very large, of the order of several million tonnes, most of the units are small, of the order of a few thousand tonnes to a few lakh tonnes per annum and conventionally known as mini steel plants. These are mostly Electric Induction Furnace (EIF) and/or Electric Arc Furnace (EAF). India enjoys a unique position in steel making where about 32% steel is produced in Electric Induction Furnaces. India is also the largest producer of sponge iron producing about 24 million tonnes per annum. Besides the steel producers, there are a large number of steel processing units viz. Steel Re-Rolling Mills, Cold Rolling Mills, Galvanizing Units and Colour Coating units which produce value added steel from purchased/ imported semi-finished / finished steel inputs. In trade and commercial parlance, all steel producers and steel processors are classified under broad category ‘secondary steel sector’.
It is for the very first time that a conference exclusively for the secondary steel sector is being organized under the aegis of the Ministry of Steel jointly with FICCI and JPC. The conference aims to look at the readiness of the secondary steel producers to reach this target and the issues and challenges they foresee therein. Accordingly, CEOs/ Chairmen of all concerned associations namely, Sponge Iron Manufacturers Association (SIMA), All India Induction Furnace Association (AIIFA), Steel Furnace Association of India (SFAI), All India Steel Re-Rollers Association (AISRA), Steel Re-rolling Mill Association (SRMA), Sihor Steel Re-rolling Mills Association (SSRMA), Steel Wire Manufacturers Association of India (SWMAI) as well as CEOs/ CMDs of well-known companies have been invited for their participation in the conference.
The conference will serve as a good platform for the steel producers in the secondary sector to identify the right set of opportunities and discuss around solutions to the issues faced. The conference reiterates the strong commitment that the Ministry of Steel accords to the secondary steel producers in the country.
Steel is the backbone of any modern economy. The level of per capita consumption of steel is often considered an important index of the level of economic development. Steel production in India has been steadily increasing, and has doubled in last ten years - from 43.44 million tonnes (MT) in 2004-05 to 88.12 MT in 2014-15. Today the steel sector contributes nearly 2% of country’s GDP.
India occupies a central position on the global steel map and has overtaken the US to become the third-largest steel producer in the world. India is predicted to triple its production capacity from roughly 110 MT presently to about 300 MT in the next 10 years.
The steel production landscape across the globe is largely dominated by blast furnace based integrated steel producers who make steel using the basic ore. However, In India, the contribution of this route of steel making is low at around 45% only and majority steel (55%) is produced adopting the electric steel making process using steel scrap or from sponge iron produced in-house or purchased. While some of these units are very large, of the order of several million tonnes, most of the units are small, of the order of a few thousand tonnes to a few lakh tonnes per annum and conventionally known as mini steel plants. These are mostly Electric Induction Furnace (EIF) and/or Electric Arc Furnace (EAF). India enjoys a unique position in steel making where about 32% steel is produced in Electric Induction Furnaces. India is also the largest producer of sponge iron producing about 24 million tonnes per annum. Besides the steel producers, there are a large number of steel processing units viz. Steel Re-Rolling Mills, Cold Rolling Mills, Galvanizing Units and Colour Coating units which produce value added steel from purchased/ imported semi-finished / finished steel inputs. In trade and commercial parlance, all steel producers and steel processors are classified under broad category ‘secondary steel sector’.
It is for the very first time that a conference exclusively for the secondary steel sector is being organized under the aegis of the Ministry of Steel jointly with FICCI and JPC. The conference aims to look at the readiness of the secondary steel producers to reach this target and the issues and challenges they foresee therein. Accordingly, CEOs/ Chairmen of all concerned associations namely, Sponge Iron Manufacturers Association (SIMA), All India Induction Furnace Association (AIIFA), Steel Furnace Association of India (SFAI), All India Steel Re-Rollers Association (AISRA), Steel Re-rolling Mill Association (SRMA), Sihor Steel Re-rolling Mills Association (SSRMA), Steel Wire Manufacturers Association of India (SWMAI) as well as CEOs/ CMDs of well-known companies have been invited for their participation in the conference.
The conference will serve as a good platform for the steel producers in the secondary sector to identify the right set of opportunities and discuss around solutions to the issues faced. The conference reiterates the strong commitment that the Ministry of Steel accords to the secondary steel producers in the country.
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Government formulates policy to promote e-marketing of handloom products
The Government of India has launched a policy framework to promote e-marketing of handloom products, in order to promote marketing of handlooms in general and to reach the younger customers in particular. The policy framework has been developed by the Office of Development Commissioner (Handlooms) under the Ministry of Textiles, with the key objectives of promoting the interests of both producers and consumers of handloom products.
Under the policy framework, the Office of DC (Handlooms) would collaborate with approved e-commerce entities in promoting e-marketing of handloom products, in a transparent, competitive and effective manner. The policy thus widens the existing ambit of institutional collaboration between Office of DC (Handlooms) and e-commerce players.
Any e-commerce entity willing to work for promotion of online marketing of handloom products in collaboration with the Office may apply for the same. The application will be scrutinized by a specially constituted Committee. After satisfying itself about the track record and turnover of the applicant, the committee would give its recommendations, keeping in view the handloom fabric producing areas proposed to be covered through e-marketing and the proposed rollout plan. Decision on the application will be taken after duly considering the recommendations of the committee. Processing of applications will be completed within three weeks.
An e-commerce entity approved by the Office would be required to make priority display of handloom products on its home page, leading to an exclusive section for certified/branded handloom products carrying either ‘India Handloom’ brand or Handloom mark. The framework specifies a ceiling for the service charges that can be levied by the entity. The entity would also be required to comply with any other guidelines/conditions notified by the Office of DC (Handlooms) in the interest of handloom producers/weavers.
Office of DC (Handlooms) will promote marketing of handloom products in collaboration with approved e-commerce entities through the following interventions:
- The name and other details of approved e-commerce entities will be displayed on the web site of DC (Handlooms) and will also be disseminated through its Weavers Service Centres and State Governments.
- Need based awareness generation activities will be undertaken through Weavers Service Centres and prominent handloom clusters for dissemination of e-commerce facilities available for the handloom weavers/producers.
- Brief details of premium traditional handloom products would be posted on the web site of DC (Handlooms) which can be referred by approved e-commerce entities in their product catalogues for disseminating the information to customers.
- Subject to availability, office space and IT infrastructure would be made available to approved e-commerce entities in Weavers Service Centres, Common Facility Centres and handloom clusters for handholding and supporting the weavers and weaver entrepreneurs in availing e-commerce facilities.
The performance of approved e-commerce entities would be monitored continuously; their approval would be considered for extension depending on their performance.
The policy frame work would be reviewed from time to time as per field requirements and the experience gained, for safeguarding the interest of the primary producers of handloom products and consumers.
The policy would provide a fillip to the handloom sector, complementing recent initiatives of the Government to promote handlooms of India, such as the observance of National Handloom Day and launch of ‘India Handloom’ brand.
The complete policy framework can be accessed from : http://handlooms.nic.in/writereaddata/UploadFile/Promotion%20of%20E-Marketing.pdf.
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Storage Status of 91 Important Reservoirs of the Country as on August 20, 2015
The Water storage available in 91 important reservoirs of the country as on August 20, 2015 was 91.073 BCM which is 58% of total storage capacity of these reservoirs. This storage is 88% of the storage of corresponding period of last year and 92% of storage of average of last ten years. The present storage position during current year is better than the storage position of last year and is also better than the storage of average of last ten years.
The total storage capacity of these 91 reservoirs is 157.799 BCM which is about 62% of the total storage capacity of 253.388 BCM which is estimated to have been created in the country.
REGION WISE STORAGE STATUS:
NORTHERN REGION
The northern region includes States of Himachal Pradesh, Punjab and Rajasthan. There are 6 reservoirs having total storage capacity of 18.01 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 16.26 BCM which is 90% of total storage capacity of these reservoirs. The storage during corresponding period of last year was 78% and average storage of last ten years during corresponding period was 71% of storage capacity of these reservoirs. Thus, storage during current year is better than the corresponding period of last year and is also better than the average storage of last ten years during the corresponding period.
EASTERN REGION
The Eastern region includes States of Jharkhand, Odisha, West Bengal and Tripura. There are 15 reservoirs having total storage capacity of 18.83 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 9.43 BCM which is 50% of total storage capacity of these reservoirs. The storage during corresponding period of last year was 64% and average storage of last ten years during corresponding period was 52% of storage capacity of these reservoirs. Thus, storage during current year is less than the corresponding period of last year and is also less than the average storage of last ten years during the corresponding period.
WESTERN REGION
The Western region includes States of Gujarat and Maharashtra. There are 27 reservoirs having total storage capacity of 27.07 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 15.89 BCM which is 59% of total storage capacity of these reservoirs. The storage during corresponding period of last year was 61% and average storage of last ten years during corresponding period was 66% of storage capacity of these reservoirs. Thus, storage during current year is less than the storage of last year and is also less than the average storage of last ten years.
CENTRAL REGION
The Central region includes States of Uttar Pradesh, Uttarakhand, Madhya Pradesh and Chhattisgarh. There are 12 reservoirs having total storage capacity of 42.30 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 31.36 BCM which is 74% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 73% and average storage of last ten years during corresponding period was 53% of storage capacity of these reservoirs. Thus, storage during current year is better than the storage of last year and is also better than the average storage of last ten years.
SOUTHERN REGION
The Southern region includes States of Andhra Pradesh, Telangana, (Two combined projects in both states) Karnataka, Kerala and Tamil Nadu. There are 31 reservoirs having total storage capacity of 51.59 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 18.13 BCM which is 35% of total storage capacity of these reservoirs. The storage during corresponding period of last year was 58% and average storage of last ten years during corresponding period was 69% of storage capacity of these reservoirs. Thus, storage during current year is less than the corresponding period of last year and is also less than the average storage of last ten years during the corresponding period.
States having better storage than last year for corresponding period are Himachal Pradesh, Punjab, Rajasthan, West Bengal, Tripura, Gujarat, Uttarakhand and Madhya Pradesh. States having lesser storage than last year for corresponding period are Jharkhand, Odisha, Maharashtra, Chhattisgarh, Uttar Pradesh, Andhra Pradesh, Telangana (Two combined project in both states), , Karnataka, Kerala and Tamil Nadu.
The total storage capacity of these 91 reservoirs is 157.799 BCM which is about 62% of the total storage capacity of 253.388 BCM which is estimated to have been created in the country.
REGION WISE STORAGE STATUS:
NORTHERN REGION
The northern region includes States of Himachal Pradesh, Punjab and Rajasthan. There are 6 reservoirs having total storage capacity of 18.01 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 16.26 BCM which is 90% of total storage capacity of these reservoirs. The storage during corresponding period of last year was 78% and average storage of last ten years during corresponding period was 71% of storage capacity of these reservoirs. Thus, storage during current year is better than the corresponding period of last year and is also better than the average storage of last ten years during the corresponding period.
EASTERN REGION
The Eastern region includes States of Jharkhand, Odisha, West Bengal and Tripura. There are 15 reservoirs having total storage capacity of 18.83 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 9.43 BCM which is 50% of total storage capacity of these reservoirs. The storage during corresponding period of last year was 64% and average storage of last ten years during corresponding period was 52% of storage capacity of these reservoirs. Thus, storage during current year is less than the corresponding period of last year and is also less than the average storage of last ten years during the corresponding period.
WESTERN REGION
The Western region includes States of Gujarat and Maharashtra. There are 27 reservoirs having total storage capacity of 27.07 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 15.89 BCM which is 59% of total storage capacity of these reservoirs. The storage during corresponding period of last year was 61% and average storage of last ten years during corresponding period was 66% of storage capacity of these reservoirs. Thus, storage during current year is less than the storage of last year and is also less than the average storage of last ten years.
CENTRAL REGION
The Central region includes States of Uttar Pradesh, Uttarakhand, Madhya Pradesh and Chhattisgarh. There are 12 reservoirs having total storage capacity of 42.30 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 31.36 BCM which is 74% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 73% and average storage of last ten years during corresponding period was 53% of storage capacity of these reservoirs. Thus, storage during current year is better than the storage of last year and is also better than the average storage of last ten years.
SOUTHERN REGION
The Southern region includes States of Andhra Pradesh, Telangana, (Two combined projects in both states) Karnataka, Kerala and Tamil Nadu. There are 31 reservoirs having total storage capacity of 51.59 BCM under CWC monitoring in this region. As per Reservoir Storage Bulletin dated 20.08.2015, the total storage available in these reservoirs is 18.13 BCM which is 35% of total storage capacity of these reservoirs. The storage during corresponding period of last year was 58% and average storage of last ten years during corresponding period was 69% of storage capacity of these reservoirs. Thus, storage during current year is less than the corresponding period of last year and is also less than the average storage of last ten years during the corresponding period.
States having better storage than last year for corresponding period are Himachal Pradesh, Punjab, Rajasthan, West Bengal, Tripura, Gujarat, Uttarakhand and Madhya Pradesh. States having lesser storage than last year for corresponding period are Jharkhand, Odisha, Maharashtra, Chhattisgarh, Uttar Pradesh, Andhra Pradesh, Telangana (Two combined project in both states), , Karnataka, Kerala and Tamil Nadu.
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