Bokaro: Trickling work orders from Bokaro Steel Plant is rendering many industrial units of Bokaro sick, entrepreneurs on Friday told Soma Mandal, chairman of the Steel Authority of India Limited (SAIL) on Friday.
They also said Bokaro is losing its glory of being a prosperous industrial town of the state. Mandal along with director, technical Harinand Rai had arrived on Thursday on a two-day visit to BSL plant which ended on Friday. On her last day of the visit, Mandal along with the director in-charge of BSL Amarendu Prakash met the delegation of Bokaro Chamber of Commerce and Industries.
Though the BSL plant is performing well in terms of production and profit, but outside the plant, the condition of MSME’s and other industrial development activities are affected in lack of support of the steel major. Industrialists said the units are starving in lack of adequate work orders. Most of the units have become sick.
tipFebruary 11, 2021
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Vizag steel plant employees protest against govt’s privatization move We have been left with no option but to fight it out till the Centre withdraws the proposal,” D Adinarayana, a trade union leader, said.
By Sruthi Vibhavari| Updated: 5th February 2021 5:23 pm IST
Vishakapatnam: Hundreds of employees of Rasthtriya Ispat Nigam Limited (RINL), popularly called Vizag Steel Plant, on Friday staged a protest in the port city against the BJP-led government’s decision to privatize the mega steel plant. The central Cabinet Committee on Economic Affairs (CCEA) gave in-principle approval for 100 per cent divestment of the mega power plant on Thursday.
Union Budget s focus on infra development will boost steel demand: SAIL Chairperson ANI | Updated: Feb 01, 2021 18:29 IST
New Delhi [India], February 1 (ANI): Steel Authority of India Limited (SAIL) Chairperson Soma Mondal on Monday lauded the Union Budget 2021-22 for focusing on the infrastructural development which will, in turn, have a positive impact on demand for steel in the country. The Budget has put emphasis on accelerating the growth momentum of the country by targeting infrastructural growth including road, rails, urban, power, ports, shipping etc. The National Infrastructure Pipeline (NIP) incorporates 500 more new projects. The creation of Development Financial Institution will help address the funds requirements of different agencies, she said.
Press release content from Wired Release. The AP news staff was not involved in its creation.
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