The Indian government has created an advisory committee that recommends reforms that will increase the production of iron ore on internal ore to maintain its goal of reaching 300 million tons of steel production by 2030, government officials said on Friday, September 5. The Ministry of Trade and the Ministry of Coal.
. He will also invite representatives of government companies such as the Iron Ore NMDC limited limited and steel manufacturers, the India limited steel controls and private players, such as Tata Steel and JSW Steel limited, added officials. 0: 3)
. Regulation, mandatory permits, political differences between states and the central government and taxation.
The Committee was obliged to determine the problems of regulation when increasing production, allowing the government to launch the reform of the rules, as well as ensure better coordination between the center and state agencies. In cases where he believes that the mines that are currently owned by these government companies cannot increase production within the framework of “reasonable terms”, the central government is also open to redistribute these mines, putting forward these assets for a fresh auction, so that new investors will provide licenses based on higher production indicators, officials stated that 40 percent. Million tons compared to about 280 million TTs produced in the last financial year.
