Housing schemes, defence needs to push steel demand: Minister
Bengaluru, June 29: Demand for steel is expected to grow for meeting the needs of the state-run flagship schemes like Make in India, housing projects and the defence sector, said Union Steel Minister Chaudhary Birender Singh on Friday.
"Demand for value-added and sophisticated grade of steel is expected to grow to meet the needs of state initiatives like Make in India, Pradhan Mantri Awas Yojana, Pradhan Mantri Gramin Vikas Yojana and the defence sector," he told reporters after the National Steel Consumers' Council meeting here.
With per capita consumption of steel in India at around 68 kg, it stands at less than a third of the global average consumption of around 208 kg, the Minister noted.
"The issues of demand, supply, product innovations and logistics require serious deliberations. The Consumers' Council needs to draw the expected roadmap of logistics for seeking priority attention of policy makers," he added.
Steel contributes about 2 per cent to the country's Gross Domestic Product (GDP).
"The state has identified infrastructure as a priority sector, which is bound to bolster the GDP growth rate. Considering the advantages of steel-based structures like lower lifecycle and high design flexibility, steel is a major material in infrastructure development," added Singh.
The Union government's programmes including Smart Cities Mission, Housing for All, Atal Mission for Rejuvenation and Urban Transformation and modernisation of defence sector are expected to use domestic steel, the Minister said.
"These initiatives will provide the additional push to increase the domestic steel demand in short-to-medium term," he added.
There is, however, a need for the industry and steel consumers to work together to promote the usage of steel in hilly areas, railways and development of special grades for energy and medical purposes etc, Singh said.
During the Consumers' Council meeting, a mobile app of the state-run MSTC Ltd, an e-commerce undertaking of the Ministry of Steel, was launched in order to bring buyers and sellers closer.
Minister of State for Steel Vishnu Deo Sai was also present on the occasion.
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Rahul Gandhi unveils 5 poll guarantees for Kerala, targets PM Modi and CM Vijayan
Thiruvananthapuram (PTI): In a high-stakes campaign here, Congress leader Rahul Gandhi on Saturday combined five populist electoral pledges with a fierce assault on Kerala’s ruling Communists, alleging Chief Minister Pinarayi Vijayan is being "controlled" by Narendra Modi in the same manner Donald Trump exerts influence over the Prime Minister.
Speaking at the valedictory function of the state-wide ‘Puthuyuga Yatra’ led by Leader of Opposition V D Satheesan as part of the Congress-led UDF’s preparations for the upcoming Assembly elections, Gandhi said, “The same way Trump is controlling Modi, the Prime Minister is controlling the Chief Minister of Kerala."
Announcing five guarantees for the people of poll-bound Kerala, he said, “The first guarantee is free travel for all women in KSRTC buses."
The other guarantees announced by him were a monthly financial assistance of Rs 1,000 for college-going girl students, increase of welfare pension to Rs 3,000 per month, a new health insurance scheme worth Rs 25 lakh coverage for every household in the name of former chief minister Oommen Chandy and interest-free loans of up to Rs 5 lakh for youngsters who want to start businesses.
In addition, he said a dedicated ministry would be created for the welfare of senior citizens.
Launching a scathing attack on Pinarayi Vijayan, Gandhi said PM Modi is "controlling the Chief Minister".
He alleged that even CPI(M) workers were aware of this and would admit it.
“I want to understand why the CBI and ED take action against opposition politicians but do not take action against the Chief Minister of Kerala,” he said.
Gandhi said there were 36 cases against him and that he was interrogated by the Enforcement Directorate for 55 hours.
“Why has the ED taken no action against the Chief Minister and his family? The reason is they are working together,” he alleged.
According to him, in Kerala, it was not the CPI(M) and BJP, but the “CJP” that was working together to defeat the UDF.
Gandhi also accused the LDF government of "functioning in the interests of big corporates".
“This is the most corporatist government Kerala has ever seen. It is against the interests of workers, small businesses and farmers and is working for the interests of the biggest businessmen,” he alleged.
He said the CPI should be renamed the “Corporate Party of India”.
“At least stand for what you say you are,” he said.
Referring to the alleged gold theft at Sabarimala temple, Gandhi claimed that the investigation was prevented from reaching the top leadership.
“Don’t worry, we will take strict action against those who dishonoured Sabarimala."
He also alleged that the LDF government had created a serious unemployment situation in the state.
“Modi has destroyed the employment system in India and the CPI(M) has destroyed it in Kerala,” he said.
Taking on the Centre, Gandhi alleged that the Prime Minister had “let the country down”.
“He has betrayed the country,” Gandhi said.
He said he was using the word deliberately and believed the Prime Minister had "betrayed the country" by signing the trade deal with the United States.
Gandhi claimed that the consequences of the agreement would be borne by the people of India.
“No Prime Minister before him opened our agriculture to American agriculture. Large American mechanised firms are going to compete with small Indian labour-intensive firms,” he said.
He said the deal would lead to devastation for farmers cultivating crops such as cotton, corn, pulses, fruits and soybeans.
Gandhi also claimed that the Prime Minister had "compromised" the country’s energy security.
“Imagine the Prime Minister of India committing to President Trump that we will buy oil from where America wants us to. Imagine a country as powerful as ours having to take permission from the US if we want to buy oil from Russia,” he said.
Referring to the trade deal, he said the US could extract data from India, which he described as the "most valuable asset" in the era of artificial intelligence.
“AI is all about data and India, with 1.4 billion people, is the largest producer of data. All of it has been signed away by Prime Minister Modi,” he alleged.
Earlier in the day, during a dialogue with the Information Technology (IT) Fraternity at Technopark here, Gandhi said that if India had said that its data was the most valuable in the world, there would have been no taxes on agriculture or on small and medium businesses.
He claimed that, except him speaking out against it, there was "not a peep" in India when its data was "handed over" to the US as part of the deal signed by the central government.
During his interaction with the tech professionals, the LoP in Lok Sabha also said that China has built a "superb and unmatched" industrial system in the world, but the neighbouring nation was "coercive and undemocratic".
He was also concerned that China dominated the electric motors and batteries technology which saw wide usage in the Ukraine-Russia war and the ongoing conflict in West Asia.
"That is a huge problem," he said, adding that he was confident that if aligned properly, an Indian company can take on the Chinese in that space.
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