global steel production is largely now in #China with 56.5 % and second with #India at 5.9% We are yet very far from our 2030 goal of 300 Mt and if actively reforms are not accepted and sit on issues passively we can never enable brown and greenfield expansions. Government of India must accept its role in giving the fillip to #steelindustry in all its terms of #fiscal and #banking policy and not notifying with competiton, pricing and other issues. What is with #petrol prices and #ETR of minerals is 59.4% how can prices come down it can only with government policy benefit on #taxation burdens for a period and offer advantages on expansions. Narendra ModiJSW SteelJindal Steel & Power Ltd.Tata SteelSteel Authority of India LimitedRashtriya Ispat Nigam Limited, Vizag Steel PlantVedanta Resources Jindalstainless#Ministryofsteel#ministryoffinance#Ministryofroadshighways
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