2023 2024 EduVark > Education Discussion > General Discussion


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March 25th, 2017, 11:57 AM
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Join Date: Mar 2012
Re: Steel Authority of India Ministry

The Ministry of Steel, a branch of Government of India, is the apex body for formulating all policies regarding steel production, distribution and pricing in India.

Its vision is to facilitate enhancement of steel production capacity (currently 109 Million tones, production 90 Million tones(approx)) and growth in Steel Production and to monitor the capital expenditure and modernization & expansion programmes of PSEs quarterly.

Yes, Steel Authority of India Limited (SAIL) is a Public Sector Undertakings of Ministry of Steel, a branch of Government of India.

Public Sector Undertakings
• Steel Authority of India Limited (SAIL)
• Rashtriya Ispat Nigam Ltd. (RINL)
• National Mineral Development Corporation Ltd (NMDC)
• Kudremukh Iron Ore Company Ltd (KIOCL)
• MECON Limited
• Manganese Ore (India) Ltd (MOIL)
• MSTC Limited
• Hindustan Steel Works Construction Limited (HSCL)
• Sponge Iron India Limited (SIIL)
• Bharat Refractories Limited (BRL)
• Ferro Scrap Nigam Limited (FSNL)
• Bird Group of Companies

Functions of the Ministry
• Coordination of data from various sources for the growth of the Iron and Steel Industry in India
• Formulation of policies in respect of production, pricing, distribution, import and export of iron & steel and ferro alloys
• Planning and development of and assistance to the entire iron and steel industry in the country
• Development of the input industries relating to iron ore, manganese ore, refractories and others required by the steel industry

Attached/Subordinate Offices and Institutes
• Joint Plant Committee(JPC)
• A select organisation whose goal is the promotion of steel, coordinating work of the main producers
• National Institute of Secondary Steel Technology (NISST)
• NISST aims to be a single source for all the requirements of the secondary steel sector
• Biju Patnaik National Steel Institute
• Situated in Puri, BPNSI is an institute of modern steel technology. It provides education and training, research and development, and consultancy to the Steel Sector.


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